Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12491158MLS Provider

4659 W Washington BoulevardChicago, IL 60644

Commercial · 4,943 Sq. ft.
$500,000 Active

4659 W Washington Boulevard Overview

Time on Site:
203 days
Visits:
5

Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use-this property fits.

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4659 W Washington Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 4,943
  • Price/Sq.ft. $101

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Auto Service,Restaurant
  • Current Use: Commercial

Location/Region

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

Tax Information

  • Tax Annual Amount: $11,800.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16103290010000
  • Possible Use: Commercial,Industrial,Office,Retail
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4943

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 4943

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 99 X 101
  • Lot Size Square Feet: 10140
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Steel Siding, Wood
  • Roof: Composition

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

4659 W Washington Boulevard Neighborhood

Community

60644 (Chicago) Demographics

36
Median Age
13,070
Population Density (per sq. mile)
19%
College Educated
$28,033
Estimated Median Income
5,202
Estimated Total Home Owners
12,107
Estimated Total Renters
30% / 70%
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.

4659 W Washington Boulevard Monthly Cost

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* 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.

4659 W Washington Boulevard Market Data

Based on the last 30 days in this zip code

$312,454
Average List Price
$167
Average Price per Square Foot
10
Properties Sold
73
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

4659 W Washington Boulevard History

Date Event Value Agent
12/14/2025Source: MRED Status Change
Active
12/9/2025Source: MRED Added to Database
December 09, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022