1047 N Western Avenue #1
Chicago, IL, 60622
$849,900
Beds
0 Baths
0 SqFt
0 Acres
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$849,900
1047 N Western Avenue #1
Chicago, IL, 60622
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Prime Investment Opportunity in the Heart of Ukrainian Village! Well-maintained mixed-use property located in one of Chicago’s most desirable neighborhoods. This income-producing building features a fully leased retail storefront on the ground level and two residential apartments on the 2nd and 3rd floors – both currently rented, offering immediate cash flow. Situated on high-visibility N Western Ave, this property benefits from strong foot and vehicle traffic, making it ideal for long-term investment or future value appreciation. The residential units provide steady rental income, while the commercial space adds diversification to your portfolio. Unbeatable location in vibrant Ukrainian Village, surrounded by restaurants, cafes, shops, and convenient access to public transportation. Perfect for investors seeking a turnkey property in a prime Chicago location!

Property Details

Price:
$849,900
MLS #:
MRD12631427
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwesttown
Listed Date:
Apr 27, 2026
Year Built:
1914
Chi – West TownChiwesttown

Schools

Interior

Cooling
Central Air
Flooring
Wood

Exterior

Construction Materials
Brick
Stories
3

Financial

Tax Year
2024
Taxes
$16,200
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of May 02, 2026
903
Commercial Listed
191
Avg DOM
$1,030,299
Avg List Price

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Property Summary

    1047 N Western Avenue #1 Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $849,900 To schedule a showing of MLS#mrd12631427 at 1047 N Western Avenue #1 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1047 N Western Avenue #1
Chicago, IL