Olympia Standfield
MLS#12758160
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
Prime Investment Opportunity in the Heart of Ukrainian Village! Well-maintained mixed-use property located in one of Chicago's most desirable neighborhoods. This income-producing building features a fully leased retail storefront on the ground level and two residential apartments on the 2nd and 3rd floors - both currently rented, offering immediate cash flow. Situated on high-visibility N Western Ave, this property benefits from strong foot and vehicle traffic, making it ideal for long-term investment or future value appreciation. The residential units provide steady rental income, while the commercial space adds diversification to your portfolio. Unbeatable location in vibrant Ukrainian Village, surrounded by restaurants, cafes, shops, and convenient access to public transportation. Perfect for investors seeking a turnkey property in a prime Chicago location!
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $16,200
Year Built: 1914
Feature Descriptions
Current Use: Condominium
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: None
Flooring: Wood
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Lot Dimensions: 25x125
Parcel#: 17063080020000
Potential Use: Retail
Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
Units: 4
Listed By / Shown By
Listed By
Agency Name: Landmark Realtors
Agency Phone: 773-467-8500
Shown By
Agent Name: Olympia Standfield
Agent Phone: Cell: (815) 978-3866
Agency Title: Gambino Realtors
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1047 N Western Avenue | MLS# 12758160
This commercial property located at 1047 N Western Avenue , Chicago, IL 60622 is currently listed for sale with an asking price of $849,900. Search Chicago real estate on ostandfield.gogambino.com today.