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$995,000
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Property Description
Rarely available mixed-use investment on Western Ave offering immediate income and long-term upside. The property includes five 2-bedroom / 1-bath residential units plus a street-level commercial storefront, creating multiple revenue streams in a high-traffic corridor. All units are currently leased, providing stabilized income from day one. Well-suited for investors seeking a value-add opportunity in a prime location with strong demand. A solid asset with flexibility and growth potential-schedule your showing today. Being sold "AS-IS"
Full Property Details
Full Property Details for 1011 N Western Ave
General
- Price: $995,000
- Taxes: $19,143 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12599368
- Updated: 3/29/2026
- Added to Site: 12 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: North to Augusta Ave and West to Western Ave
- Location Details: Chicago West
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 5,451
- # of Stores: 1
- Year Built: 1914
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Sq. Ft.): 2,436
- Lot Dimensions: 2436 SQ FT
- Frontage: City Street
- Potential Use: Commercial, Condominium, Retail, Other
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $8,500
- Operating Expenses: $11,000
- Assessment Year: 1914
- Tax Amount: $19,143
- Tax Year: 2024
- Pays Electric: 600
Disclosures and Reports
- Property ID: 17063120030000
Listed by Fulton Grace Realty
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Schools
Schools serving 1011 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622 | PK-8 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1011 N Western Ave
Date
Details
Price
Change
Source
3/23/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1011 N Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,106
—
$95,000
43%
2023
$14,106
-3%
$66,656
-6%
2022
$14,603
2%
$71,000
—
2021
$14,277
14%
$71,000
26%
2020
$12,528
-2%
$56,239
-12%
2019
$12,840
2%
$63,909
—
2018
$12,624
17%
$63,909
27%
2017
$10,805
-5%
$50,191
-11%
2016
$11,329
9%
$56,563
—
2015
$10,365
46%
$56,563
48%
2014
$7,094
2%
$38,236
—
2013
$6,954
1%
$38,236
—
2012
$6,861
—
$38,236
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1011 N Western Ave
1011 N Western Avenue, Chicago, IL 60622 (MLS# 12599368) is a Commercial property. 1011 N Western Avenue is currently listed for $995,000 and was received on March 23, 2026. Want to learn more about 1011 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

