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$280,000
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Property Description
For Sale or Lease! Fantastic ground floor opportunity to build or expand your brand! SOUTHPORT CORRIDOR Commercial Condominium on ground floor of condominium building. Located at the lighted intersection of Southport & Irving Park Road, this is an ideal location and commercial space for your new business! Surrounded by multi-million dollar homes, dense residential and new construction homes - this condo gives you foot traffic, visibility, walk-in traffic and the holy grail of Real Estate -LOCATION, LOCATION, LOCATION! Current owner has operated a well established and successful salon in this location for 20+ years. Many business opportunities open for this space. A PARKING SPACE IS INCLUDED IN THE PRICE! Food/beverage business is not permitted. Showings by appointment only M-Sat 10-5pm.
Full Property Details
Full Property Details for 1340 W Irving Park Rd #1
General
- Price: $280,000
- Taxes: $6,077 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12536742
- Updated: 4/13/2026
- Added to Site: 116 day(s) ago
Interior
- Flooring: Tile, Vinyl
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: At Southport & Irving Park Rd.
- Location Details: Chicago North, Central Business District, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Tile, Vinyl
- Stories/Levels: 3
- Square Feet: 700
- Current Bldg. Use: Commercial, Condominium
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 12,500
- Lot Dimensions: COMMON
- Frontage: City Street, Public Road
- Potential Use: Commercial, Condominium, Office, Retail
- Zoning: COMMR
Financial Considerations
- Lease Price: $48
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $9,500
- Security Deposit: Alarm Monitored, Alarm On Site
- Assessment Year: 1920
- Tax Amount: $6,077.46
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs
Disclosures and Reports
- Property ID: 14173150141031
Listed by CB Real Estate LLC
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Schools
Schools serving 1340 W Irving Park Rd #1
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Blaine Elementary School 1420 West Grace Street, Chicago, IL 60613 | PK-8 | 0.3 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 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 1340 W Irving Park Rd #1
Date
Details
Price
Change
Source
4/07/2026
Price Reduced
$280,000
-5.08%
MLS
12/24/2025
Listed
$295,000
68.57%
MLS
12/04/2003
Sold
$175,000
—
Public Record
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 1340 W Irving Park Rd #1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,355
3%
$34,860
—
2022
$7,170
2%
$34,860
—
2021
$7,010
-4%
$34,860
6%
2020
$7,294
11%
$32,741
—
2019
$6,578
2%
$32,741
—
2018
$6,467
6%
$32,741
16%
2017
$6,084
7%
$28,264
—
2016
$5,661
9%
$28,264
—
2015
$5,179
-19%
$28,264
-18%
2014
$6,408
2%
$34,536
—
2013
$6,281
1%
$34,536
—
2012
$6,197
—
$34,536
—
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 1340 W Irving Park Rd #1
1340 W Irving Park Road #1, Chicago, IL 60613 (MLS# 12536742) is a Commercial property. 1340 W Irving Park Road #1 is currently listed for $280,000 and was received on December 24, 2025. Want to learn more about 1340 W Irving Park Road #1? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

