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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12571682MLS Provider

4940 W North AvenueChicago, IL 60639

Commercial · 3,125 Sq. ft.
$449,000 Active

4940 W North Avenue Overview

Time on Site:
108 days
Visits:
1

Located in the Austin neighborhood, one of Chicago's largest residential communities with a variety of local amenities, and commercial corridors welcoming in new businesses and services. All type of use related building (has living quarter) just west of Major intersection of Cicero Ave., and North Ave., traffic lights with tremendous visibility and exposure. 2_overhead garge doors. Surrounded by all types of retailers offering multiple uses. C2-1 zoning offers wide business types including liquor stores, warehouses, auto shops, and apartments above the ground floor. Walking distance to public transportation, and quick access to major roads, interstate I-90 /I-94, and within a short distance to O'Hare International Airport.

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4940 W North Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,125
  • Price/Sq.ft. $144

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1935

Business Information

  • Current Use: Commercial,Automotive

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin

Tax Information

  • Tax Annual Amount: $10,737.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13334220440000
  • Possible Use: Commercial,Conditional Use,Industrial,Office,Special Use
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: WRHSE

Interior

Building Interior

  • Building Area Total: 3125

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25x125
  • Lot Size Square Feet: 3125

Building Exterior/Construction

  • Construction Materials: Concrete

General Information

  • Number Of Units Total: 1

4940 W North Avenue Neighborhood

Community

60639 (Chicago) Demographics

35
Median Age
18,147
Population Density (per sq. mile)
20%
College Educated
$51,810
Estimated Median Income
12,979
Estimated Total Home Owners
12,828
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4940 W North Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4940 W North Avenue Market Data

Based on the last 30 days in this zip code

$496,366
Average List Price
$256
Average Price per Square Foot
14
Properties Sold
54
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

4940 W North Avenue History

Date Event Value Agent
3/18/2026Source: MRED Status Change
Active
3/13/2026Source: MRED Added to Database
March 13, 2026