Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12357646
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Request Info1954 W Chicago AvenueChicago, IL 60622
Commercial · 6,200 Sq. ft.$999,000
Active
1954 W Chicago Avenue Overview
- Time on Site:
- 419 days
- Visits:
- 9
Prime Commercial Opportunity in West Town! Unlock the potential of this 6,300 sq. ft. property, offering 3,100 sq. ft. per floor, plus roof access-perfect for a roof deck or additional dining. Built entirely with concrete and flex core, this space boasts high ceilings, an elevator, a large garage, and a blank slate ready for a tenant or owner to create a standout retail or restaurant space. Originally designed for an upscale restaurant, it features precast plumbing for bathrooms and kitchen, streamlining the build-out process. Located in the heart of Chicago Ave and West Town, this property is surrounded by top-tier tenants including Mariano's, McDonald's, Cleo's, West Town Bakery, Forbidden Root, Brasero, and more. With easy access to bus and Divvy stations and the Kennedy Expressway, it offers unbeatable convenience. Available for lease or purchase, this is a rare chance to secure a versatile, high-visibility location in one of Chicago's most popular neighborhoods. TI packages available for right tenant / building will be sold as vanilla box.
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1954 W Chicago Avenue Facts & Features
- Type Commercial
- Sq. ft. 6,200
- Price/Sq.ft. $161
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Net Operating Income: 0
Building Information
- Year Built: 2018
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - West Town
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $1,389.00
- Tax Year: 2023
General Information
- Parcel Number: 17064330350000
- Property Type: Commercial Sale
Interior
Building Interior
- Building Area Total: 6200
General Information
- Cooling: Central Air
- Electric: Separate Meters
- Leasable Area: 6200
- Stories: 2
Unit Information
- Unit SqFt.: 6300
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 25X125
- Lot Size Square Feet: 3125
1954 W Chicago Avenue Neighborhood
Community
60622 (CHICAGO) Demographics
32
Median Age
21,403
Population Density (per sq. mile)
75%
College Educated
$106,128
Estimated Median Income
9,607
Estimated Total Home Owners
14,690
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
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.1954 W Chicago Avenue Monthly Cost
1954 W Chicago Avenue Market Data
Based on the last 30 days in this zip code
$861,807
Average List Price
$720
Average Price per Square Foot
65
Properties Sold
36
Average Days on Market
147
Properties for Sale
1954 W Chicago Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: MRED | Active |
|
| 6/18/2026Source: MRED | $999,000 -9.1% |
|
| 6/18/2026Source: MRED | Price Change |
|
| 5/10/2026Source: MRED | Active |
|
| 5/5/2026Source: MRED | Re-activated |
|
| 4/22/2026Source: MRED | Contingent |
|
| 2/9/2026Source: MRED | Active |
|
| 2/4/2026Source: MRED | $1,099,000 -8.3% |
|
| 2/4/2026Source: MRED | Price Change |
|
| 12/18/2025Source: MRED | Active |
|
| 12/12/2025Source: MRED | $1,199,000 -14.3% |
|
| 12/12/2025Source: MRED | Price Change |
|
| 9/9/2025Source: MRED | Active |
|
| 9/4/2025Source: MRED | $1,399,000 -5.2% |
|
| 9/4/2025Source: MRED | Price Change |
|
| 7/31/2025Source: MRED | Price Change |
|
| 7/31/2025Source: MRED | Active |
|
| 7/31/2025Source: MRED | $1,475,000 -7.8% |
|
| 5/11/2025Source: MRED | Active |
|
| 5/6/2025Source: MRED | May 06, 2025 |