1011 N Western Avenue Chicago, IL ^$ 995,000

1011 N Western Avenue

^$ 995,000

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Recently Listed

1011 N Western Avenue

Chicago, IL, 60622

^$ 995,000

Bedrooms-- Baths-- Sq 5,451

Monthly Estimate*

^$ 6,126

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1011 N Western Avenue, Chicago, IL 60622 - Image 12

Commercial Property for sale in Chicago, IL

for $995,000. This 5,451 square foot building was built in 1914 on a lot size of 0.055923.

Rarely available mixed-use investment on Western Ave offering immediate income and long-term upside. The property includes five 2-bedroom / 1-bath residential units plus a street-level commercial storefront, creating multiple revenue streams in a high-traffic corridor. All units are currently leased, providing stabilized income from day one. Well-suited for investors seeking a value-add opportunity in a prime location with strong demand. A solid asset with flexibility and growth potential-schedule your showing today. Being sold "AS-IS"

Commercial Active

Price

^$ 995,000

Property Type

Commercial

Taxes

^$ 19,143

Style

Lot Size

0.055923

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12599368

Features

General

Cooling None

Possession Closing Tenant's Rights

Zoning COMMR

Construction Materials Brick

Year Built 1914

Electric Separate Meters

Stories Count 3

Township West Chicago

Property Subtype Mixed Use

Tax Year 2024

Gross Income 73500

County Cook

Net Operating Income 62500

Operating Expense 11000

Insurance Expense 8500

Property Type Commercial Sale Mixed Use

Possible Use Commercial Condominium Retail Other

Status New

Directions North to Augusta Ave and West to Western Ave

City Chicago

Number Of Units Total 5

MLS Area CHI - West Town

Lot Size Square Feet 2436

Tax Annual Amount 19143

Electric Expense 600

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2500

Additional Parcels Y/N N

Standard Status Active

Interior

Total Fireplaces 0

Exterior

Water Source Municipal Water

Building Area Total 5451

Lot Dimensions 2436 SQ FT

Frontage Type City Street

* Excluded Features

List By

Fulton Grace Realty

Broker

neilturk@fultongrace.com

Affordability Calculator

$7,722

Per Month

Monthly Principal & Interest: $6,126
Monthly Property Taxes: $1,595
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$970,635

Percent of Sale Price 2%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/23/2026	$995,000		Listed Price

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1011 N Western Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $995,000 with 5,451 sqft and a lot size of 0.055923. 1011 N Western Avenue was built in 1914. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/25/2026.

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1011 N Western Avenue

Commercial Property for sale in Chicago, IL

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