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0 Beds
4,225 sqft

$1,250,000

4054 N Western Avenue, Chicago IL, 60618

Price per sqft$295.86
Built in1923
Property size4,225 sqft
Property typeOther
Listed by Zachary Daniels with Westward360 RM 773-572-0880

Overview

Active

Listed Apr 9, 2026

Updated 2 weeks ago

Turnkey property that's a 5-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (3) 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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12612659

Interior Features

Bedrooms
0
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$8,603
Tax Frequency
Annually
MLS provider logo

Listed by Zachary Daniels with Westward360 RM 773-572-0880

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Data is refreshed every 3 hours. Listing last updated 3:30 AM UTC on 9/5/2026. 

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