4659 W Washington Boulevard
Chicago, IL, 60644 $ 500,000
Bedrooms-- Baths-- Sq 4,943 Monthly Estimate*
$ 3,119
for $500,000. This 4,943 square foot building was built on a lot size of 0.232782.
Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: "I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use"-this property fits.
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FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing
Roof Composition
Zoning COMMR
Construction Materials Brick Steel Siding Wood
Stories Count 2
Tax Year 2023
Current Use Commercial
Business Type Auto Service Restaurant
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Industrial Office Retail
Status New
Directions Cicero Ave to Washington. East to 4659
City Chicago
MLS Area CHI - Austin
Lot Size Square Feet 10140
Tax Annual Amount 11800
Additional Parcels Y/N N
Standard Status Active
Ownership Type Family
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ExteriorWater Source Municipal Water
Building Area Total 4943
Lot Dimensions 99 X 101
Frontage Type City Street
Waterfront Y/N N
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* Excluded FeaturesList Bythurston.gayle@bairdwarner.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,119
- Monthly Property Taxes
- $983
- 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.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $1,030,376
Percent of Sale Price 106%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/9/2025 | $500,000 | | Listed Price |