242 N Western Avenue Chicago, IL ^$ 2,195,000

242 N Western Avenue

^$ 2,195,000

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242 N Western Avenue

Chicago, IL, 60612

^$ 2,195,000

Bedrooms-- Baths-- Sq 8,700

Monthly Estimate*

^$ 13,515

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Commercial Property for sale in Chicago, IL

for $2,195,000. This 8,700 square foot building was built in 1969 on a lot size of 0.180165.

8700SF flex use warehouse/office with luxe second floor workspace! Hi traffic exposure on Western Ave! Main floor features 17ft ceilings with a largely open span warehouse, two loading docks (13'6" & 10'6"), large private office, open workstations, kitchenette, storage rooms, and two baths. Second floor features luxe open workspace with polished concrete floors, custom bar and kitchen, a full bath with shower, and large storage room. High R-value spray foam insulation thru-out, EV charging station, & parking lot with snow-melt lines in place. Plenty of power with 480a/3-phase + additional 220amp service. Full heat and AC thru-out. Warehouse is 6400SF. Zoned PMD4. This property has been superbly maintained and is ready for a variety of business types!

Commercial Active

Price

^$ 2,195,000

Property Type

Commercial

Taxes

^$ 38,211

Style

Lot Size

0.180165

Year Built

1969

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12577677

Features

General

Cooling Central Air Zoned

Zoning PMD

Construction Materials Brick

Year Built 1969

Electric Circuit Breakers Over 600 Amps Power - 480V Three Phase

Stories Count 2

Tax Year 2024

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Status New

Directions On Western Ave just south of Fulton.

City Chicago

Number Of Units Total 1

MLS Area CHI - Near West Side

Lot Size Square Feet 7848

Tax Annual Amount 38211

Additional Parcels Y/N N

Leasable Area 8700

Standard Status Active

Interior

Flooring Concrete

Exterior

Building Area Total 8700

Lot Dimensions 72 x 109

* Excluded Features

List By

Jameson Sotheby's Intl Realty

Broker

mhulett@jamesonsir.com

Affordability Calculator

$16,699

Per Month

Monthly Principal & Interest: $13,515
Monthly Property Taxes: $3,184
Monthly Home Insurance: --

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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 ^$950,247

Percent of Sale Price 57%

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
6/9/2026	$2,195,000		Listed Price

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242 N Western Avenue, Chicago, IL, 60612 is a Commercial Property for sale at $2,195,000 with 8,700 sqft and a lot size of 0.180165. 242 N Western Avenue was built in 1969. The property's zip code is 60612 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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Data is updated as of 6/9/2026.

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242 N Western Avenue

Commercial Property for sale in Chicago, IL

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