Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12255159
Images
Request Info4820 N Western AvenueChicago, IL 60625
Commercial · 18,000 Sq. ft.$4,950,000
Active
4820 N Western Avenue Overview
- Time on Site:
- 563 days
- Visits:
- 10
Exclusively engaged to solicit offers to purchase the fee simple interest of the subject property located at 4810-4820 North Western Ave., Chicago, IL 60625 (the Property). This is an urban office/retail building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-2 and situated in a mixed commercial and residential city setting. Featuring a vacant two-story building 18,000 SF GLA, and 8,276 SF lot. *** Property boasts 90.03' of frontage on Western Avenue with the traffic counts exceeding 34,500 VPD! 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 development/re-development opportunity to acquire a stand-alone building in the Lincon Square district.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
4820 N Western Avenue Facts & Features
- Type Commercial
- Sq. ft. 18,000
- Price/Sq.ft. $275
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Modified Gross
- Gross Scheduled Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1910
Business Information
- Current Use: Medical/Dental
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Square
- Township: Lake View
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $59,306.00
- Tax Year: 2023
General Information
- Parcel Number: 13124250510000
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 18000
General Information
- Cooling: Central Air
- Electric: Service - 201 to 600 Amps
- Foundation Details: Brick/Mortar, Concrete Perimeter
- Leasable Area: 0
- Stories: 2
Unit Information
- Unit SqFt.: 0
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 93.03X103.38X29.18X27.40X120X13.60
- Lot Size Square Feet: 0
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Utilities: Electric to Site,Natural Gas Available,Water Available
4820 N Western Avenue Neighborhood
Community
60625 (Chicago) Demographics
35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.4820 N Western Avenue Monthly Cost
4820 N Western Avenue Market Data
Based on the last 30 days in this zip code
$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
4820 N Western Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/1/2025Source: MRED | Active |
|
| 2/24/2025Source: MRED | $4,950,000 -26.7% |
|
| 2/24/2025Source: MRED | Price Change |
|
| 12/18/2024Source: MRED | Active |
|
| 12/13/2024Source: MRED | December 13, 2024 |