1659 W Chicago Ave - Apartments CONDO FOR SALE


Chicago, IL 60622- West Town
$720,000 USD
773-317-0400
1659 W Chicago Ave, Chicago, IL for Sale
$720,000 USD
Apartments CONDO - FOR SALE
1/44
null | Request Cap Rate

1659 W Chicago Ave
Chicago, IL 60622
West Town


HIGHLIGHTS

  • Prime corner storefront
  • Large windows 12 ft ceiling height with open floor plan
  • No HOA
  • Two ADA restrooms
  • 4% full commission offered to buyer’s broker at closing
  • Perfect for 1031 buyers seeking fast closing & value-add upside

OVERVIEW

Modern Corner Retail Space on Chicago Ave – Turnkey & Highly Visible 1659 W Chicago Ave offers a rare opportunity to acquire a premier 1,720 SQ FT corner retail storefront in the heart of West Town/East Village—one of the most desirable and rapidly developing commercial corridors in Chicago. With exceptional street visibility, large display windows, strong daily traffic counts, and flexible B1-2 zoning, this property is perfectly positioned for a wide range of retail, medical, wellness, office, salon, and boutique service uses. The space is delivered in white-box condition, featuring two ADA-compliant restrooms, tall ceilings, an efficient floor plan, and separate utility meters. Its corner position provides expansive frontage and excellent natural light, making it ideal for high-identity branding and foot-traffic capture. Surrounded by established restaurants, salons, creative studios, and new residential developments, the property benefits from a dense demographic base with high household income, strong buying power, and continued growth along Chicago Avenue. The area attracts both local residents and destination traffic, providing businesses with a stable and expanding customer base. Whether purchased by an owner-user seeking a flagship storefront or by an investor targeting stable long-term demand and rising commercial rents, this offering represents an exceptional opportunity in one of Chicago’s most dynamic neighborhoods. Seller is offering 4% FULL commission to the buyer’s broker.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

1,730 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B1-2

APN/PARCEL ID

17-07-203-039-0000

ASK ABOUT THIS PROPERTY

Samira Ferataj1815 SALON LLCMore Info
773-317-0400

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Samira Ferataj1815 SALON LLCMore Info
773-317-0400

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