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1341 Western Avenue, Chicago, IL – $929,000

  • $929k Price
  • 5,700 Sqft
  • $929k Price
  • 5,700 Sqft

1341 Western Avenue

Turn-Key, Mixed-Use, zero deferred maintenance. 2018 Rents $97.0k (Can support increase to $110k/yr). 2018 NOI $81.0k. 9% CAP. Well-maintained, stable 17 yr owner pride. Live/work/Investment. Sees 39,400 cars/day. Complete gut/rehab, new everything! ADA ground commercial (C2-2, 1400 SF) $2444/mo with 2 condo-quality units (1400 SF 3BR/2BA $2444/mo & 1400 SF 1BR/2BA Luxury penthouse $2444/mo). 2-car garage (each spot $169/mo). New gourmet kitchens with granite & stainless, spa-quality baths with steam showers, body jets, heated marble floors, jetted tubs, high/vaulted ceilings, large low-E windows and skylights, in-unit laundry, high-efficiency furnace & AC, tankless water heaters, exposed brick, hardwood, large private decks, ADT Pulse. Surrounded by new commercial development. Heart of Bucktown/Wicker Park shopping, restaurants, nightlife. Close to CTA, I-90/94 expressways, 606, and Metra. Ready for condo conversion--all separate mechanicals and utilities. Walkscore 90

Essential Information

  • MLS® #10474720
  • Price$929,000
  • Square Footage5,700
  • Acres0.00
  • Year Built1906
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1341 Western Avenue
  • AreaCHI - West Town
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60622


  • Parking Spaces2


Sanitary Sewer to Site, Water-Municipal


  • HeatingForced Air, Gas
  • FireplaceYes
  • # of Fireplaces1
  • # of Stories1
  • Stories3


Central Air, Central Individual


  • ExteriorBrick, Block, Stone
  • RoofFlat
  • ConstructionBrick, Steel, Stone
  • FoundationConcrete, Block, Brick

Lot Description

Central Business District, Mixed Use Area, Public Transport Avail

Additional Information

  • ZoningCOMMR

Listing Details

  • Listing OfficePappas Realty Group, LTD
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Price Change History for 1341 Western Avenue, Chicago, IL (MLS® #10474720)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $949,000 to $929,000 $20,000 (2.11%)
Status Changed from New to Active

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Listing information last updated on November 21st, 2019 at 8:21am CST.