$1,300,000
( $286.85Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

4544 N Western Avenue , Chicago, IL 60625

Chicago, IL 60625

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Description

Fully recently rehabbed, this brick all-around mixed-use, 2-unit building is located in the heart of Lincoln Square, offering an incredible amount of finished square footage-4,532 assessed sq ft. Built fully front to back and lot line to lot line, the lower level at the front of the building has been dug down, providing excellent usable space and enhancing functionality throughout. The commercial space is restaurant-ready, featuring two large open dining rooms, an airlock vestibule, a built-out host station, and a full bar with multiple sinks. A server's ice room with storage and a fully equipped service station add to its operational ease. The space includes two fully renovated bathrooms-one with two stalls and the other with a single stall and urinal-each with independent handwashing stations. The commercial kitchen is equipped with a full-length ventilation hood system, ready to accommodate a variety of appliances, including ranges, fryers, and griddles, making it adaptable to diverse kitchen needs. A separate dishwashing station is fully set up with a commercial-grade pre-rinse spray nozzle, glasswasher, and a multi-compartment sink. The lower level boasts newly poured concrete flooring, a complete drain tile system, a laundry room, an office, and a staff bathroom. It is also prepped for the installation of a commercial walk-in refrigerator and freezer, with reinforced concrete, ample headroom, and ready-to-use electrical and drainage systems. The building is fully modernized with updated infrastructure, including new security cameras, foam insulation throughout, newer windows, a newer roof, and completely replaced electrical lines, gas lines, water lines (now copper), and sewer lines. Both the residential and commercial units are equipped with individual heating and cooling systems, ensuring maximum comfort and efficiency. The residential unit, currently rented for $3,500 per month until August 2026, offers exceptional value with fabulous tenants who pay utilities. This oversized 5-bedroom, 2-bath unit features stunning wood finishes, a chef's kitchen, and an adjacent multi-use room. The layout includes a dining room, living room, and family room, all bathed in natural light from large windows. Hardwood floors and recessed lighting add to the unit's charm and practicality. Located within the sought-after Waters Elementary School area, this building is just two blocks from Lincoln Avenue and the Brown Line train, making it an incredibly convenient location. Lincoln Square boasts a vibrant community with a variety of independent shops, breweries, and a dynamic restaurant scene. The property also offers easy access to the North Branch of the Chicago River, Ravenswood, North Center, Uptown, and Andersonville, making it a prime investment opportunity in one of Chicago's most desirable neighborhoods.

Details

MLS#12215979
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1916
Days On Site76
Listing Provided ByCompass | Santiago Valdez

Features

SQ Feet4,532
Story(s)2
Units2
ZoningCOMMR

Market Activity 60625

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Listings Checked: 49 seconds ago
StateIL
CountyCook
CityChicago
Zip Code60625
AreaCHI Lincoln Square
Listing VS Median (in 60625)
Price:
$1,300,000
low | high
Med:
$219,900
100% of Average
SqFt:
4,532
low | high
Med:
800
100% of Average
$ / SqFt:
$287
low | high
Med:
$275
54.174346153846% of Average
On Site:
76
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: December 12, 2024 at 9:56:19 PM PST