4851 N Western Avenue
Chicago, IL, 60625
$2,495,000
Beds
0 Baths
0 SqFt
0.31 Acres
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$2,495,000
4851 N Western Avenue
Chicago, IL, 60625
MLS #MRD12622814 image #0MLS #MRD12622814 image #1MLS #MRD12622814 image #2MLS #MRD12622814 image #3MLS #MRD12622814 image #4MLS #MRD12622814 image #5
Rare LAND Opp. Lincoln Square 13,358sf 126′ x 106′ B3-3 zoning TOD Walk to the Western Ave. brown line or shops in Lincoln Square. Redevelop into Commercial/Residential. Currently a Furniture Showroom 17′ ceilings with LL Subject to the Western Ave ARO. Value add redevelopment. Environmental I+II available. Seller is willing to lease back for a short time after. Plans (older) avail for 4 story comm/residential redevelopment w/parking in LL. Don’t hesitate to call LA to discuss.

Property Details

Price:
$2,495,000
MLS #:
MRD12622814
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chilincolnsquare
Listed Date:
Apr 18, 2026
Chi – Lincoln SquareChilincolnsquareMcpherson Elementary SchoolAmundsen High School

Schools

School District:
299
Elementary School:
Mcpherson Elementary School
High School:
Amundsen High School

Interior

Exterior

Financial

Tax Year
2025
Taxes
$78,571
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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 Land in Chicago as of Jun 25, 2026
927
Land Listed
486
Avg DOM
$216,940
Avg List Price

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Property Summary

    4851 N Western Avenue Chicago IL is a Land for sale in Chicago, IL, 60625. It is listed for $2,495,000 and features 0 acres. To schedule a showing of MLS#mrd12622814 at 4851 N Western Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4851 N Western Avenue
Chicago, IL