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$1,100,000 -$100,000 (-8.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 5,000 Sq. Ft.
  • Updated 4 days ago
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Great Redevelopment Opportunity. Mixed use building with great potential for high invesment returns. Improvements include 2 structures on the site totaling 6 units. There is a 5 unit mixed use building fronting Grand Ave that has one store and 4 apartments. There is a 3 Story coach house on the rear of the lot. The site is located on Grand Ave a 1/2 block east of Racine. The area is bustling with restaurants, shops and service buisnessess. There is newer high end residential and mixed use developments in this corridor that is nestled in an area that is centered around the Fulton Market District, Goose Island and Bucktown. This near northwest side site offers a great opportunity for redeveleopment in a rapidly growing market.

Full Property Details for 1153 W Grand Ave

General

  • Price: $1,100,000
  • Taxes: $14,813 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12358763
  • Updated: 1/13/2026
  • Added to Site: 257 day(s) ago

Interior

  • Flooring: Concrete, Wood

Additional Information

  • Security/Safety: Smoke or Fire Protectors

Location

  • Area: CHI - West Town
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Racine to Grand Ave. Property is a 1/2 block east of Racine
  • Location Details: Chicago Northwest

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Onsite: Electricity to Site, Natural Gas Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Sub-Flooring: Concrete, Wood
  • Stories/Levels: 2
  • Square Feet: 5,000
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1918
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 3

Lot Features

  • Lot Size (Sq. Ft.): 3,750
  • Lot Dimensions: 25 x 150
  • Frontage: City Street
  • Potential Use: Commercial, Retail
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $5,900
  • Security Deposit: Smoke or Fire Protectors
  • Assessment Year: 1918
  • Tax Amount: $14,813
  • Tax Year: 2023
  • Pays Electric: 700

Disclosures and Reports

  • Property ID: 17082460080000

Listed by Network Property Managment LLC

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— 1153 W Grand Ave —

  • Network Property Managment LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1153 W Grand Ave

School District:Chicago Public School District 299
NameGradesDistance
Otis Elementary School
525 North Armour Street, Chicago, IL 60642
K-80.4 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-110.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1153 W Grand Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,100,000
-8.33%
MLS
5/05/2025
Listed
$1,200,000
59.89%
MLS
10/11/2022
Sold
$750,500
—
Public Record
Get Price Alerts and Save Property
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 for 1153 W Grand Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,814
3%
$70,000
—
2022
$14,398
2%
$70,000
—
2021
$14,076
39%
$70,000
53%
2020
$10,159
-1%
$45,604
-11%
2019
$10,295
2%
$51,241
—
2018
$10,122
12%
$51,241
22%
2017
$9,076
7%
$42,162
—
2016
$8,445
9%
$42,162
—
2015
$7,726
10%
$42,162
11%
2014
$7,042
2%
$37,955
—
2013
$6,903
1%
$37,955
—
2012
$6,811
—
$37,955
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1153 W Grand Avenue, Chicago, IL 60642 (MLS# 12358763) is a Commercial property. 1153 W Grand Avenue is currently listed for $1,100,000 and was received on May 05, 2025. Want to learn more about 1153 W Grand 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.

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