2132 W Chicago Avenue Chicago, IL $ 725,000
2132 W Chicago Avenue
$ 725,000
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2132 W Chicago Avenue

Chicago, IL, 60622
$ 725,000
Bedrooms-- Baths-- Sq 1,250

Monthly Estimate*

$ 4,523

2132 W Chicago Avenue, Chicago, IL 60622 - Image 1
2132 W Chicago Avenue, Chicago, IL 60622 - Image 2

Commercial Property for sale in Chicago, IL

for $725,000. This 1,250 square foot building was built in 1921 on a lot size of 0.028696.

Located in the heart of Chicago's vibrant West Town corridor, this income-producing, single-story brick commercial building offers a prime opportunity for both investors and owner-users. Built solidly with approximately 934 square feet of interior space and a 9-foot ceiling height, the property features a new roof installed in 2024, a two-car garage for parking or storage, and a flexible B3-2 zoning designation that accommodates a range of commercial uses. The building is currently leased to Takie Outit (Alpha Dynasty, LLC) through August 2026 (with the tenant paying all utilities). The landlord covers taxes, insurance, and structural responsibilities, providing stable and predictable ownership. Recent operating expenses available upon request. The property is serviced by City of Chicago water, ComEd electric, and Peoples Gas, with no known liens, violations, or environmental issues. Not located in a TIF or Opportunity Zone, this property offers dependable cash flow with long-term upside in one of Chicago's most dynamic neighborhoods.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 13,538

Style

Lot Size

0.028696

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12487509

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1921
Electric Circuit Breakers Service - 101 to 200 Amps
Stories Count 1
Property Subtype Restaurant
Tax Year 2023
Gross Income 30000
County Cook
Net Operating Income 24314
Property Type Commercial Sale Retail/Stores
Status Active
Directions Located on the north side of Chicago Avenue just west of Leavitt Street in West Town. Easy access from the Kennedy Expressway exit at Augusta or Division and head west to Chicago Avenue. Street parki
City Chicago
Number Of Units Total 1
MLS Area CHI - West Town
Lot Size Square Feet 1250
Tax Annual Amount 13538.9
Water Sewer Expense 1424
Additional Parcels Y/N N
Leasable Area 934
Standard Status Active
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Exterior
Building Area Total 1250
Lot Dimensions 25X125
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* Excluded Features
List By
Exp Realty

Broker

jason.merel@exprealty.com;movewithmerel@gmail.com

Email

Affordability Calculator

$5,651
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$1,128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$725,000 Listed Price

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2132 W Chicago Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $725,000 with 1,250 sqft and a lot size of 0.028696. 2132 W Chicago Avenue was built in 1921. The property's zip code is 60622 which is in Chicago, IL