Active · For Sale · Retail/Stores

4820 N Western Avenue, Chicago, IL 60625

MLS #12255159

4820 N Western Avenue, Chicago, IL 60625
4820 N Western Avenue, Chicago, IL 60625CRER
4820 N Western Avenue, Chicago, IL 60625

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4820 N Western Avenue, Chicago, IL 60625

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The property

Executive summary

Exclusively engaged to solicit offers to purchase the fee simple interest of the subject property located at 4810-4820 North Western Ave., Chicago, IL 60625 (the "Property"). This is an urban office/retail building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-2 and situated in a mixed commercial and residential city setting. Featuring a vacant two-story building 18,000 SF GLA, and 8,276 SF lot. *** Property boasts 90.03' of frontage on Western Avenue with the traffic counts exceeding 34,500 VPD! 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 development/re-development opportunity to acquire a stand-alone building in the Lincon Square district.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$59,306 (2023)

Property Details

Building Size
18,000 SF
Lot Dimensions
93.03X103.38X29.18X27.40X120X13.60
Stories
2
Year Built
1910
Construction
Brick
Zoning
COMMR
Parcel Number
13124250510000

Operations & Utilities

Heating
Gas
Cooling
Central Air
Tenant Pays
Other
Electric
Service - 201 to 600 Amps
Utilities
Electric to Site, Natural Gas Available, Water Available

Location & Use

County
Cook
Market Area
Chicago - Lincoln Square
Township
Lake View
Present Use
Medical/Dental
Location
Central Business District, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.