Listing provided courtesy of The AgencyMREDas Distributed by MLSGrid- MLS# 12565891MLS Provider

2237 N Western AvenueChicago, IL 60647

Commercial
$1,259,900 Active

2237 N Western Avenue Overview

Time on Site:
137 days
Visits:
1

Exceptional mixeduse investment opportunity in one of Chicago's most desirable neighborhoods. This twostory masonry building features a fully builtout restaurant space on the ground floor and a renovated 4bedroom residential unit above. Seller financing available for qualified buyers. Commercial Space (Ground Floor) Turnkey restaurant buildout with two combined storefronts and a functional layout ideal for a wide range of food and beverage concepts. * Full commercial kitchen with 15ft hood, full line equipment, and 128 walkin cooler * Dining area with seating for approximately 40 guests * Bar area and service counter * Basement storage for dry goods and equipment * Active entity holds incidental liquor license and retail food license (licenses may be transferable) * Current restaurant operation is not included in the sale; buyer may bring their own concept or lease the space Residential Unit (Second Floor) A spacious, updated apartment offering strong rental income potential. * 4 bedrooms, 1 bathroom, approx. 1,100 sq ft * Newly renovated kitchen with granite countertops and stainless steel appliances * Refinished hardwood floors throughout * Close to Holstein Park, public transportation, shopping, and neighborhood amenities This property is ideal for owneroperators, investors, or buyers seeking a mixeduse asset in a highdemand location.

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2237 N Western Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 1
  • Electric Expense: 1
  • Fuel Expense: 1
  • Gross Income: 2000
  • Gross Scheduled Income: 24000
  • Insurance Expense: 1
  • Trash Expense: 1
  • Water Sewer Expense: 1

Building Information

  • Year Built: 1906

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Logan Square

Tax Information

  • Tax Annual Amount: $10,012.00
  • Tax Year: 2023

General Information

  • Parcel Number: 14311050060000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: 440 Volts
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 24X83
  • Lot Size Square Feet: 1992

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

2237 N Western Avenue Neighborhood

Community

60647 (Chicago) Demographics

32
Median Age
21,129
Population Density (per sq. mile)
62%
College Educated
$82,433
Estimated Median Income
13,520
Estimated Total Home Owners
22,512
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2237 N Western Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2237 N Western Avenue Market Data

Based on the last 30 days in this zip code

$816,924
Average List Price
$745
Average Price per Square Foot
74
Properties Sold
41
Average Days on Market
141
Properties for Sale
Calculations provided by Reliance Network

2237 N Western Avenue History

Date Event Value Agent
6/25/2026Source: MRED Status Change
Active
6/19/2026Source: MRED Price Reduction
$1,259,900 -0.8%
6/19/2026Source: MRED Status Change
Price Change
2/17/2026Source: MRED Status Change
Active
2/12/2026Source: MRED Added to Database
February 12, 2026