1422-1424 W Chicago Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60642- Ukrainian Village
$1,975,000 USD
773-405-4641
1422-1424 W Chicago Ave, Chicago, IL for Sale
$1,975,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

1422-1424 W Chicago Ave
Chicago, IL 60642
Ukrainian Village


HIGHLIGHTS

  • Prime corner location in West Town
  • 40’ of street frontage on Chicago Avenue
  • Fully built-out restaurant on the ground floor
  • Flexible second-floor office layout with unique architectural character
  • Strong pedestrian and vehicular traffic
  • Excellent investment or owner-user opportunity

OVERVIEW

Unlock the potential of this well-maintained, architecturally distinctive two-story commercial building located at a high-visibility corner in the heart of Chicago’s thriving West Town neighborhood. Boasting 40 feet of frontage along bustling Chicago Avenue, this property offers unmatched exposure in one of the city’s most dynamic and rapidly developing commercial corridors. The ground floor features a fully built-out restaurant space, thoughtfully designed and ready for immediate operation. With modern finishes and an efficient layout, it’s ideal for restaurateurs looking to establish or expand their brand in a high-traffic area. Upstairs, the second floor is currently configured with multiple private offices, offering flexibility for a variety of commercial uses, including creative studios, wellness services, professional offices, or potential co-working concepts. The layout could easily be reimagined to suit a wide range of tenants or owner-occupiers. This corner property is exceptionally well-maintained, with minimal deferred maintenance, making it a turnkey opportunity for investors and business owners alike.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B3-2, Chicago

APN/PARCEL ID

17-05-324-042-0000

ASK ABOUT THIS PROPERTY

Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

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Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.