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4851 N Western Avenue Chicago, IL $ 2,495,000
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$ 2,495,000 Get more info
4851 N Western Avenue
$ 2,495,000
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4851 N Western Avenue

Chicago, IL, 60625
$ 2,495,000
Baths0.0

Monthly Estimate*

$ 15,362

4851 N Western Avenue, Chicago, IL 60625 - Image 1
4851 N Western Avenue, Chicago, IL 60625 - Image 2
4851 N Western Avenue, Chicago, IL 60625 - Image 3
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4851 N Western Avenue, Chicago, IL 60625 - Image 5
4851 N Western Avenue, Chicago, IL 60625 - Image 6
Studio

Lots and Land for sale in Chicago, IL

for $2,495,000. The lot size is 31.

Rare Land OPP Lincoln Sq. 13,358sf 126' x 106' B3-3 zoning TOD Walk to the Western Ave. brown line or shops in Lincoln Square. Redevelop into Commercial/Residential Currently a Furniture Showroom 17' ceilings with LL Subject to the Western Ave ARO. Value add redevelopment. Environmental I+II available. Seller is willing to lease back for a short time after. Plans (older) avail for 4 story comm/residential redevelopment w/parking in LL. Don't hesitate to call LA to discuss.

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Lots and Land Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 78,572

Style

Commercial

Lot Size

31

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12622814
Features
General
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing Negotiable
Zoning COMMR
Township Lake View
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Cook
Property Type Land Land
Possible Use Commercial
Status New
Directions Lawrence to Western continue one block north
High School Amundsen High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Square
Elementary School Mcpherson Elementary School
Tax Annual Amount 78572
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Exterior
Total Parking 0
Lot Dimensions 126 x 106
Lot Size Acres 31
Road Surface Type Other
Frontage Length 126
Frontage Type City Street
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
L.J.S. Real Estate

Broker

ljsrealestatemls@aol.com

Email

Affordability Calculator

$21,910
Per Month
70%
30%
0%
Monthly Principal & Interest
$15,362
Monthly Property Taxes
$6,548
Monthly 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
567234 Elementary School
566846 Middle School
Amundsen High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2026$2,495,000 Listed Price

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4851 N Western Avenue, Chicago, IL, 60625 is a Lots and Land for sale at $2,495,000 with a lot size of 31. 4851 N Western Avenue is a studio with 0.0 baths. The property's zip code is 60625 which is in Chicago, IL

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