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1012 Western Avenue

Chicago, IL 60612
$1,100,000 ▼ $100,000 from $1,200,000
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About this home

First time for sale in 47 years High exposure Taylor/Western T-intersection. Double storefront with 4 residential units and 2 oversized 2-car garages with very high ceilings. Located in the UIC West Campus "Tri-Taylor" neighborhood. Roosevelt Rd is directly south and I-290 is directly north. The Illinois Medical District and the 4 main hospitals i.e. Rush, UIC, Cook County and West Side VA are walking distance directly east. Perfect opportunity for an armchair investor or and owner/operator. Rapidly developing neighborhood with new construction popping up everywhere The storefronts are newly remodeled ($1600) and ($1400) as well as one of the four residential units. ($1600) The other 3 residential units ($1400) have long term tenants at below market rents. Gross income reflects assumed market rent for storefronts. We have left them empty for the moment for an owner/operator, but can also rent out, for a straight investor. Gross income of $9200/mo. Full market closer to $10,000/mo. There is also a standing height double basement for storage or other use. Full occupancy at all times. This is truly a one time, once in a generation purchase opportunity
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1881
Lot size
Annual tax$9,315
CountyCook
MLS #MRD12436814
Days on market268

Features

Cooling
Central Air
Listed by
Art of Real Estate LLC
Michael Ramstedt · 312-952-2894

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/27/2026, 8:46:03 PM. All data should be independently verified.

$1,100,000
0 bd · 0 ba
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