Chicago, IL 60622 2301 W Chicago Avenue

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Presented By: Jameson Sotheby's Intl Realty
  • MLS# 12280215
  • 02/06/2025
  • Request Tour
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  • SQFT • 6,556

Home Details

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!
Presented By: Jameson Sotheby's Intl Realty

Interior Features for 2301 W Chicago Avenue

Other Interior Features

FlooringWood, Other

General for 2301 W Chicago Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsWest on Chicago Ave. to the corner of Chicago and Oakley
ElectricCircuit Breakers
Electric Expense684
Fuel Expense2052
Gross Income167700
Insurance Expense8000
Lot Size Square Feet3065
MLS AreaCHI - West Town
Net Operating Income134936
Number Of Units Total5
Operating Expense15499
Possible UseCommercial
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount17265.56
Tax Year2023
TownshipWest Chicago
Trash Expense0
UtilitiesNatural Gas Available, Sewer Connected, Water Available
Water Sewer Expense1153
Year Built1883

Exterior for 2301 W Chicago Avenue

Building Area Total6556
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25 X 122

Additional Details

Price History

Client Care

Price $1,950,000
MLS#12280215
List Date 02/06/2025
Property Type Commercial
Phone 847.485.2500
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