4140 N Western Avenue
Chicago, IL, 60618
$699,000
6 Beds
4 Baths
0 SqFt
0 Acres
Add
Add
$699,000
4140 N Western Avenue
Chicago, IL, 60618
MLS #MRD12544385 image #0MLS #MRD12544385 image #1MLS #MRD12544385 image #2MLS #MRD12544385 image #3MLS #MRD12544385 image #4MLS #MRD12544385 image #5MLS #MRD12544385 image #6MLS #MRD12544385 image #7MLS #MRD12544385 image #8MLS #MRD12544385 image #9MLS #MRD12544385 image #10MLS #MRD12544385 image #11MLS #MRD12544385 image #12MLS #MRD12544385 image #13MLS #MRD12544385 image #14MLS #MRD12544385 image #15MLS #MRD12544385 image #16MLS #MRD12544385 image #17MLS #MRD12544385 image #18MLS #MRD12544385 image #19MLS #MRD12544385 image #20MLS #MRD12544385 image #21MLS #MRD12544385 image #22MLS #MRD12544385 image #23MLS #MRD12544385 image #24MLS #MRD12544385 image #25MLS #MRD12544385 image #26MLS #MRD12544385 image #27MLS #MRD12544385 image #28MLS #MRD12544385 image #29MLS #MRD12544385 image #30MLS #MRD12544385 image #31MLS #MRD12544385 image #32MLS #MRD12544385 image #33MLS #MRD12544385 image #34MLS #MRD12544385 image #35MLS #MRD12544385 image #36MLS #MRD12544385 image #37MLS #MRD12544385 image #38MLS #MRD12544385 image #39MLS #MRD12544385 image #40MLS #MRD12544385 image #41MLS #MRD12544385 image #42MLS #MRD12544385 image #43MLS #MRD12544385 image #44MLS #MRD12544385 image #45MLS #MRD12544385 image #46
4140 N Western Avenue is a well-maintained two-flat with an additional garden unit (buyer to verify legality), offering strong stabilized cash flow and value-add upside in the heart of North Center. The property features a desirable unit mix consisting of a 3 Bed / 2 Bath duplex-up, 2 Bed / 1 Bath, and 1 Bed / 1 Bath lower-level unit. The building benefits from separate utilities, updated mechanical systems, on-site laundry, and a functional layout well-suited for both investors and owner-occupants. All units are currently vacant, providing immediate flexibility to renovate, lease at market rents, or occupy. Located along Western Avenue near Horner Park, public transit, and the Lincoln Square and North Center retail corridors, the property offers exceptional accessibility, long-term rental demand, and neighborhood stability. 4140 N Western presents a compelling opportunity to acquire a flexible, income-producing asset in one of Chicago’s most sought-after North Side neighborhoods.

Property Details

Price:
$699,000
MLS #:
MRD12544385
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
chinorthcenter
Listed Date:
Jan 22, 2026
Year Built:
1899
Chi – North CenterChinorthcenterCoonley Elementary SchoolCoonley Elementary SchoolAmundsen High School

Schools

School District:
299
Elementary School:
Coonley Elementary School
Middle School:
Coonley Elementary School
High School:
Amundsen High School

Interior

Heating
Forced Air

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Frame
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt

Financial

Maintenance Fee
$1,500
Net Operating Income
$69,398
Tax Year
2024
Taxes
$12,650
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Jan 24, 2026
1,215
Multi Family Listed
92
Avg DOM
$461,572
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12552602broker reciprocity
4244 N MOZART Street
Chicago, IL

$899,500

0.6 miles away

broker reciprocity
MLS# MRD12498413broker reciprocity
5714 S PRAIRIE Avenue
Chicago, IL

$899,000

2.4 miles away

broker reciprocity
MLS# MRD12420367broker reciprocity
3816 W Montrose Avenue
Chicago, IL

$895,000

2.9 miles away

broker reciprocity
MLS# MRD12541832broker reciprocity
2328 N Lawndale Avenue
Chicago, IL

$890,000

2.8 miles away

broker reciprocity
MLS# MRD12428126broker reciprocity
3003 N Ashland Avenue
Chicago, IL

$889,000

2.1 miles away

broker reciprocity
MLS# MRD12434495broker reciprocity
3453 N Harding Avenue
Chicago, IL

$880,000

2.1 miles away

broker reciprocity
MLS# MRD12528407broker reciprocity
4034 N Monticello Avenue
Chicago, IL

$879,000

1.6 miles away

broker reciprocity
MLS# MRD12542128broker reciprocity
2600 W North Shore Avenue
Chicago, IL

$875,000

3.2 miles away

broker reciprocity
MLS# MRD12547286broker reciprocity
2245 W Giddings Street
Chicago, IL

$875,000

0.7 miles away

broker reciprocity
MLS# MRD12518064broker reciprocity
1814 N Richmond Street
Chicago, IL

$850,000

1.2 miles away

Property Summary

    4140 N Western Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60618. It is listed for $699,000 To schedule a showing of MLS#mrd12544385 at 4140 N Western Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4140 N Western Avenue
Chicago, IL