Active

4841 N Western Avenue

Chicago IL, 60625

$3,155,000


$130.72 per sqft

Active

24,135 sqft

Commercial

Built in 1930

Courtesy of Baird & Warner

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.

11940925

MLS ID

January 8, 2024

Listed

July 13, 2024

Updated

Map

4841 N Western Avenue
Chicago IL, 60625

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.31 Acres

Other Property Details

Area Name

CHI - Lincoln Square


Taxes

$62,619


Tax Frequency

Annually


Days on Market

167


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

6/17/2024

Price Change

$3,155,000

-2%

4/23/2024

Price Change

$3,195,000

-12%

3/4/2024

Price Change

$3,595,000

-6%

2/28/2024

Price Change

$3,795,000

-7%

Courtesy of Baird & Warner, Wesley Jonberg,
Listing Contact: 312-640-7010 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Gaffney Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 7/13/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:49 PM UTC, 7/13/2024

 

 

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