


4054 N Western AvenueChicago, IL 60618
Commercial · 4,225 Sq. ft.4054 N Western Avenue Overview
- Time on Site:
- 81 days
- Visits:
- 1
Turnkey property that's a 6-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (4) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue's restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago's most desirable neighborhoods.
4054 N Western Avenue Facts & Features
- Type Commercial
- Sq. ft. 4,225
- Price/Sq.ft. $307
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 1200
- Existing Lease Type: Modified Gross
- Fuel Expense: 0
- Gross Income: 121824
- Gross Scheduled Income: 121824
- Insurance Expense: 3447
- Trash Expense: 0
- Water Sewer Expense: 1455
Building Information
- Year Built: 1923
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - North Center
- Township: North Chicago
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat
Tax Information
- Tax Annual Amount: $8,603.19
- Tax Year: 2024
General Information
- Parcel Number: 13134180350000
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: OTHER
Interior
Building Interior
- Building Area Total: 4225
General Information
- Cooling: Central Air, Window Unit(s)
- Electric: Service - 201 to 600 Amps
- Fireplaces Total: 1
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 108 X 32.76
- Lot Size Square Feet: 3538
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 6
- Utilities: Electric to Site,Natural Gas Available
4054 N Western Avenue Neighborhood
Community
60618 (CHICAGO) Demographics
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.4054 N Western Avenue Monthly Cost
4054 N Western Avenue Market Data
Based on the last 30 days in this zip code
4054 N Western Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/21/2026Source: MRED | Active |
|
| 6/15/2026Source: MRED | $1,299,000 -3.1% |
|
| 6/15/2026Source: MRED | Price Change |
|
| 5/26/2026Source: MRED | Active |
|
| 5/21/2026Source: MRED | $1,340,000 -2.5% |
|
| 5/21/2026Source: MRED | Price Change |
|
| 4/14/2026Source: MRED | Active |
|
| 4/9/2026Source: MRED | April 09, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
































































