4841 N Western Ave - Storefront Retail/Office FOR SALE


Chicago, IL 60625- Lincoln Square
$2,650,000 USD
312-738-9502
4841 N Western Ave, Chicago, IL for Sale
$2,650,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | Request Cap Rate

4841 N Western Ave
Chicago, IL 60625
Lincoln Square


HIGHLIGHTS

  • Prime Lincoln Square Retail/Office location with exceptional visibility
  • Two-story Retail showroom plus versatile Lower Level
  • High ceilings and adaptable floor plans for multiple uses
  • TOD site steps from Brown Line and major bus routes
  • Strong demographics and traffic counts for retail success
  • Development / Expansion Opportunity / Value Add

OVERVIEW

Ideally located in the heart of Chicago’s vibrant Lincoln Square neighborhood, 4841 N Western Avenue offers a rare opportunity to acquire a premier retail showroom property in a high-traffic, transit-oriented corridor. This two-story building, complemented by a spacious lower level, provides exceptional visibility along Western Avenue with 125 feet of frontage and exposure to nearly 30,000 vehicles per day. The property spans over 16,000 square feet above grade plus 8,000 square feet below, featuring soaring 17-foot ceilings on the first floor and flexible layouts ideal for retail, showroom, or creative use. Situated on a 13,348-square-foot parcel with dedicated parking for 8–12 vehicles, the asset benefits from B3-3 zoning, supporting a wide range of commercial applications. Its proximity to the Western Avenue Brown Line station and multiple transit options underscores its accessibility, while Lincoln Square’s bustling mix of dining, entertainment, and residential density ensures strong consumer traffic. Surrounding demographics reflect a robust customer base, with over 113,000 residents within one mile and affluent household incomes. Offered at $2,650,000, this property represents a strategic investment in one of Chicago’s most desirable urban neighborhoods. Whether for an owner-user seeking a flagship location or an investor targeting long-term value, 4841 N Western Avenue delivers unmatched potential in a dynamic retail corridor. Also available for lease at $35/square foot MG

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B3-3

APN/PARCEL ID

14-07-318-004-0000,14-07-318-006-0000

ASK ABOUT THIS PROPERTY

Miraya VlachoL.J. Sheridan & Co.More Info
312-738-9502

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Miraya VlachoL.J. Sheridan & Co.More Info
312-738-9502

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