$3,195,000
4841 N Western Avenue
Chicago, IL, 60625
The subject property is located at 4841-4851 North Western Ave., Chicago, IL 60625 (the “Property”). This is an urban mixed-use (retail/residential) building located in Chicago’s dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a vacant two-story building, 16,135 SF GLA (above grade), plus 8,000 SF basement of which 6,848 SF is finished and utilized as additional showroom space, and 13,348 SF or (0.31 AC) rectangular-shaped site. Preliminary plans for a 5-story mixed-use containing both retail and residential units available on request. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
Property Details
Price:
$3,195,000
MLS #:
MRD11940925
Status:
Active
Beds:
0
Baths:
0
Address:
4841 N Western Avenue
Type:
Commercial
Subtype:
Condominium,Free Standing Store,Shopping Center
City:
Chicago
Listed Date:
Jan 8, 2024
State:
IL
Finished Sq Ft:
24,135
ZIP:
60625
Year Built:
1930
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Concrete
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2022
Taxes
$62,619
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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4841 N Western Avenue
Chicago, IL
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