2301 W Chicago Avenue
Chicago, IL, 60622
$1,950,000
Beds
0 Baths
6,556 SqFt
0 Acres
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$1,950,000
2301 W Chicago Avenue
Chicago, IL, 60622
MLS #MRD12280215 img 0MLS #MRD12280215 img 1MLS #MRD12280215 img 2MLS #MRD12280215 img 3MLS #MRD12280215 img 4MLS #MRD12280215 img 5MLS #MRD12280215 img 6MLS #MRD12280215 img 7MLS #MRD12280215 img 8MLS #MRD12280215 img 9MLS #MRD12280215 img 10MLS #MRD12280215 img 11MLS #MRD12280215 img 12MLS #MRD12280215 img 13MLS #MRD12280215 img 14MLS #MRD12280215 img 15MLS #MRD12280215 img 16MLS #MRD12280215 img 17MLS #MRD12280215 img 18MLS #MRD12280215 img 19MLS #MRD12280215 img 20
Amazing opportunity to own a fully renovated in 2017, mixed-use corner building in hot West Town/Ukrainian Village. This high-visibility corner property offers a 7% cap rate and is ideal for investors looking for strong rental potential in one of Chicago’s most sought-after neighborhoods. Please note – the rents are below market rates. The property is easily recognizable thanks to the eye-catching mural on its exterior wall, which pays homage to the local culture. The commercial space features the original black bamboo-accented bar and an industrial-chic aesthetic, with exposed ductwork and black ceilings. This versatile space benefits from excellent foot traffic and visibility due to its high-exposure corner location. The property includes four highly desirable 2-bedroom residential units with hardwood floors throughout, open-concept layouts, and high ceilings. Each unit features modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and herringbone subway tile backsplashes. Designer lighting, including fun chandeliers and pendant fixtures, enhances the contemporary vibe. The bathrooms are fitted with brass fixtures and subway tile. Situated in the heart of West Town, this property offers convenient access to public transportation, making it a prime location for residents and businesses. Contact us today for more details or to schedule a private tour!

Property Details

Price:
$1,950,000
MLS #:
MRD12280215
Status:
Active
Beds:
0
Baths:
0
Address:
2301 W Chicago Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Feb 6, 2025
State:
IL
Finished Sq Ft:
6,556
Total Sq Ft:
6,556
ZIP:
60622
Year Built:
1883

Schools

Interior

Cooling
Central Air
Flooring
Wood, Other

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$134,936
Tax Year
2023
Taxes
$17,266
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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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2301 W Chicago Avenue
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