Chicago, IL 60618 4054 N Western Avenue
$1,340,000



53 more





















































Presented By: Westward360 RM
Home Details
Turnkey property that's a 6-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (4) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue's restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago's most desirable neighborhoods.
Presented By: Westward360 RM
Interior Features for 4054 N Western Avenue
Other Interior Features
Total Fireplaces1
General for 4054 N Western Avenue
Additional Parcels Y/NNo
CityChicago
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseCommercial
DirectionsJust north of Irving Park Road on Western Avenue. West side of the street.
ElectricService - 201 to 600 Amps
Electric Expense1200
Fuel Expense
Gross Income121824
Insurance Expense3447
Lease TypeModified Gross
Lot Size Square Feet3538
MLS AreaCHI - North Center
Number Of Units Total6
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofComposition
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount8603.19
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat
Total Actual Rent10152
TownshipNorth Chicago
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available
Virtual TourClick here
Water Sewer Expense1455
Year Built1923
ZoningOTHER
Exterior for 4054 N Western Avenue
Building Area Total4225
Frontage TypeCity Street
Lot Dimensions108 X 32.76
Additional Details
Price History

SQFT • 4,225