Mixed-Use | Residential Above Street Retail

For Sale

1911 - 1913 W Chicago Ave, Chicago, IL 60622

This Chicago property for sale is located at 1911 - 1913 W Chicago Ave. The current listed sale price for Mixed-Use | Residential Above Street Retail is $2,098,000.

Contacts

broker

Drew Dillon

SVN | Chicago Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 7,589 SF
  • Units 4
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 15, 2024
The West Town area of Chicago is bordered by Wicker Park, East Village, Noble Square and Ukrainian Village. Originally occupied by Ukrainian immigrants in the early 1900s this neighborhood has long been a stable community and has flourished in recent years. Tree-lined streets; strong housing stock and its proximity to Chicago’s downtown have made this neighborhood a favorite choice to Chicago’s residents. Online real estate website Redfin.com even named Ukrainian village the hottest neighborhood in the nation in 2016. The West Town Retail Corridor located on Chicago Avenue is the main retail corridor in the neighborhood. Many retail stores restaurants and service retail businesses operate on Chicago Avenue which contributes to the desirability and charm of the neighborhood. Chicago Avenue is proving to be a dining destination with one restaurant Vajra added to the 2021 Michelin Bib Gourmand list and newcomer Porto receiving one Michelin Star.The properties are fully occupied and include two (2) residential units and two (2) retail spaces between the two buildings. The residential units have been upgraded but still have value to be added through cosmetic and light construction upgrades. Both retail spaces have newly signed/extended leases. This ideal location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo’s Bar. The property is also just two blocks from the neighborhood grocery store, Mariano’s. This property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.

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Highlights

  • Excellent West Town location
  • Stabilized asset with a strong tenant mix, room for rent growth, and upside through further development
  • Located within the Chicago Avenue T.O.D boundaries
  • Fully occupied
  • This property is owned by an Illinois Real estate broker

Getting around

  • 95/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 95/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood West Town
  • Zip Code 60622
  • Market Chicago

Points of Interest

  • Uber Tent

    0.97 miles

  • Morgan

    1.40 miles

  • Grand

    1.43 miles

  • Kedzie

    1.79 miles

  • UIC-Halsted (Morgan Street)

    1.84 miles

  • Clinton

    1.87 miles

  • UIC-Halsted (Peoria Street)

    1.91 miles

  • UIC-Halsted (Halsted Street)

    2.00 miles

  • Chicago

    2.03 miles

  • California

    2.14 miles

  • Shell

    0.27 miles

  • Citgo

    0.55 miles

  • BP

    0.68 miles

  • Marathon

    0.90 miles

  • Electrify America

    1.59 miles

  • Tesla Supercharger

    1.69 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.73 miles

  • Volta

    1.80 miles

  • Blink

    1.82 miles

  • eVgo

    2.13 miles

  • 1628 W Division

    0.66 miles

  • Division Crash Investigation Site

    0.87 miles

  • A

    0.91 miles

  • Bus Parking

    0.91 miles

  • Club/Premium

    0.95 miles

  • C Suites

    0.96 miles

  • Uber (Lot E)

    0.99 miles

  • G

    1.02 miles

  • f

    1.04 miles

  • Alexandra's place

    0.53 miles

  • Holiday Jones

    0.55 miles

  • IHSP Chicago Hostel

    1.08 miles

  • Hyatt Place Chicago / Wicker Park

    1.09 miles

  • Urban Holiday Lofts

    1.17 miles

  • Hotel Chicago West Loop

    1.28 miles

  • Hyatt House

    1.33 miles

  • Hoxton Hotel

    1.50 miles

  • Hyatt Place Chicago - Medical / University District

    1.51 miles

  • Hyatt House Chicago - Medical / University District

    1.52 miles

  • Mariano's Fresh Market

    0.18 miles

  • Target

    0.61 miles

  • Jewel-Osco

    0.81 miles

  • Municipal Market

    0.98 miles

  • Gangnam Market

    1.12 miles

  • Pete's Market

    1.19 miles

  • ALDI

    1.28 miles

  • Kling Bros Insurance

    1.28 miles

  • LCM Dollar

    1.40 miles

  • Local Foods

    1.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Drew Dillon

SVN | Chicago Commercial