Property for Sale: 4841 N Western, Chicago, IL 60625
$3,155,000
$3,155,000
4841 N Western,
Chicago, IL 60625
$3,155,000
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Price:
$3,155,000
$40,000 - 06/17/2024
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1930
City Chicago
County Cook
MLS 11940925
Status Active
The subject property is located at 4841-4851 North Western Ave., Chicago, IL 60625 (the "Property"). This is an urban mixed-use (retail/residential) building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a vacant two-story building, 16,135 SF GLA (above grade), plus 8,000 SF basement of which 6,848 SF is finished and utilized as additional showroom space, and 13,348 SF or (0.31 AC) rectangular-shaped site. Preliminary plans for a 5-story mixed-use containing both retail and residential units available on request. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
Lot & Building Features
Construction Brick, Concrete
Cooling Central Air
Tax Year 2022
Lot Dimensions 124.83X106.18 ft
Price History of 4841 Western, Chicago, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 06/17/2024 | Price Adjustment | $3,155,000 | 1.25% |
| 04/23/2024 | Price Adjustment | $3,195,000 | 11.13% |
| 03/04/2024 | Price Adjustment | $3,595,000 | 5.27% |
| 02/28/2024 | Price Adjustment | $3,795,000 | 6.30% |
| 12/31/1969 | Listing Price | $4,050,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Baird & Warner, Wesley Jonberg
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4841 Western (MLS #11940925) is a commercial listing located in Chicago, IL. This property was listed on 01/08/2024 and has been priced for sale at $3,155,000.
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Baird & Warner |