Contacts

Drew Dillon

SVN | Chicago Commercial

Property Details

Property Type Retail - Street Retail
Property Size 4,650 SF
Units 3
Lot Size 0.07 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1910
Date Updated Nov 26, 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 proving itself to be a dining destination with one restaurant Vajra added to the 2021 Michelin Bib Gourmand list and newcomer Porto receiving one Michelin Star.Located on the corner of Chicago Ave and Winchester Ave in the heart of Chicago’s Ukrainian Village neighborhood. The property is currently fully occupied by three tenants, West Town Market, School of Rock, and one 3-bed, 2-bath residential unit. All three units have been fully rehabbed The building also has an income-producing electronic sign. This corner location is next door to Dante’s Pizzeria and across the street from Roots Pizza, West Town Bakery, and Cleo’s Bar. The property is also just 1.5 blocks from the neighborhood grocery store, Mariano’s. This corner location with sidewalk cafe potential is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. The subject property is owned by a licensed Illinois Commercial Real Estate Broker.

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Highlights

Excellent West Town corner location
Stabilized asset with a strong tenant mix
Highly desirable brick building
Fully rehabbed armchair investment
Located within the Chicago Avenue T.O.D boundaries
Broker Owned

Getting around

97/100
Walk Score ®
70/100
Transit Score ®
97/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood East Village
Zip Code 60622
Market Chicago

Points of Interest

Uber Tent

1.01 miles
Morgan

1.46 miles
Grand

1.48 miles
Kedzie

1.76 miles
UIC-Halsted (Morgan Street)

1.90 miles
Clinton

1.92 miles
UIC-Halsted (Peoria Street)

1.97 miles
UIC-Halsted (Halsted Street)

2.05 miles
Chicago

2.07 miles
California

2.09 miles

Shell

0.23 miles
Citgo

0.60 miles
BP

0.62 miles
Marathon

0.96 miles
Electrify America

1.64 miles
Tesla Supercharger

1.72 miles
Blink ParkChip Garage - 1035 Van Buren

1.78 miles
Volta

1.85 miles
Blink

1.87 miles
eVgo

2.11 miles

1628 W Division

0.66 miles
Division Crash Investigation Site

0.89 miles
Bus Parking

0.95 miles
A

0.95 miles
Club/Premium

0.98 miles
C Suites

1.00 miles
Uber (Lot E)

1.03 miles
G

1.05 miles
f

1.07 miles

Roots Handmade Pizza

0.02 miles
Homestead on the Roof

0.02 miles
Soule to Soule

0.03 miles
West Town Bakery & Diner

0.03 miles
Cleos

0.03 miles
Taco Pros

0.05 miles
Hummus Grill

0.08 miles
Sunrise Cafe

0.09 miles
McDonald's

0.09 miles
Lao Peng You 老朋友

0.10 miles

Mariano's Fresh Market

0.14 miles
Target

0.60 miles
Jewel-Osco

0.79 miles
Municipal Market

0.93 miles
Gangnam Market

1.17 miles
Pete's Market

1.20 miles
Kling Bros Insurance

1.23 miles
ALDI

1.24 miles
LCM Dollar

1.35 miles
Cermak Produce

1.37 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.