IL > Chicago
Chicago, IL 60622,1538 N Western AVE
Chicago, IL 60622,1538 N Western AVE
Chicago, IL 60622,1538 N Western AVE
25
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$1,150,000
Est. payment /mo
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3,270 SqFt
New

1538 N Western AVE Chicago, IL 60622

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $351

MLS Listing ID 12434548

Year Built 1911

Annual Tax Amount $9,506

Tax Year 2023

Lot Dimensions 25x110

Property Sub-Type Mixed Use

Property Description

Turnkey, mixed-use winner in prime Bucktown-ideal for an investor or a live-in owner who wants income from day one. Street-level retail is leased to long-term Mega Locksmith (with finished basement space incl. bathroom, laundry & sump); Mega would like to sign a 10 year lease, talk about a great anchor tenant; two 2BR/1BA apartments above are well-kept and leased (~2 yrs & ~5 yrs). Major building updates: electric, plumbing & HVAC ~3 yrs, office interior refreshed ~3 yrs, windows ~5 yrs, roof ~10 yrs. On-site alarm (operated by retail). Low operating expenses and stable tenancy = immediate, durable cash flow. Unbeatable location near The 606/Bloomingdale Trail, Damen/Milwaukee/North shops, and the Damen Blue Line-perfect for renters and future appreciation. Walk to neighborhood favorites like Le Bouchon, Small Cheval, Piece Brewery, The Map Room, Ipsento, and The Robey rooftop; minutes to galleries, boutiques, and the Bucktown/Wicker Park festival scene. Surrounded by ongoing residential rehabs and retail refreshes along the corridor. Live in one unit and let the other units (plus the retail) help take care of the mortgage-or hold as a low-touch, cash-flowing asset in a high-demand rental pocket.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Zach Shepard • eXp Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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