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$1,975,000

  • For Sale
  • Active
  • Commercial
  • 8,640 Sq. Ft.
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1422-1424 West Chicago is a well-maintained,architecturally distinctive two-story commercial building located at a high-visibility corner in the heart of Chicago's thriving West Town neighborhood. Boasting 40 feet of frontage along bustling Chicago Avenue, this property offers unmatched exposure in one of the city's most dynamic and rapidly developing commercial corridors. The ground floor features a fully built-out and equipped restaurant space, ready for immediate operation. With modern finishes and efficient layout, it's ideal for restaurateurs looking to establish or expand their brand in a high-traffic area. Upstairs, the second floor is currently configured with multiple private offices, offering flexibility for a variety of commercial uses including creative studios, wellness services, professional offices, or potential co-working concepts. The layout could easily be reimagined to suit a wide range of tenants or owner-occupiers.

Full Property Details for 1422-1424 W Chicago Ave

General

  • Price: $1,975,000
  • Taxes: $52,300 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12469255
  • Updated: 11/18/2025
  • Added to Site: 178 day(s) ago

Interior

  • Interior Features: Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Private Restroom(s), Public Restroom(s), Storage Inside, Basement

Additional Information

  • Security/Safety: Ansul System, Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: CHI - West Town
  • County: Cook
  • Township: West Chicago
  • Driving Directions: The subject property is located on the Northeast corner of Chicago Avenue and Bishop. Just West of the intersection of Noble and Chicago Avenue
  • Location Details: Corner, Mixed-Use Area, Public Transport Avail

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Construction: Brick, Glass
  • Exterior Const.: Brick, Glass
  • Foundation: Concrete Perimeter
  • Ceiling Height: 12
  • Stories/Levels: 2
  • Square Feet: 8,640
  • Current Bldg. Use: Commercial
  • Year Built: 1917

Unit Information

  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Sq. Ft.): 3,720
  • Lot Dimensions: 40*93
  • Frontage: City Street
  • Drainage: Floor Drains
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Ansul System, Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 1917
  • Tax Amount: $52,300
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 17053240420000

Listed by Sperry Van Ness

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— 1422-1424 W Chicago Ave —

  • Sperry Van Ness

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NMLS#: 1598647

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Price & Sales History for 1422-1424 W Chicago Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2025
Listed
$1,975,000
393.75%
MLS
2/09/2005
Sold
$400,000
—
Public Record
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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 1422-1424 W Chicago Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$68,096
3%
$308,963
—
2022
$66,168
2%
$308,963
—
2021
$64,672
92%
$308,963
114%
2020
$33,712
-24%
$144,313
-32%
2019
$44,494
2%
$211,250
—
2018
$43,820
3%
$211,250
12%
2017
$42,611
7%
$187,833
—
2016
$39,669
9%
$187,833
—
2015
$36,560
-2%
$187,833
—
2014
$37,118
2%
$187,833
—
2013
$36,512
3%
$187,833
—
2012
$35,477
—
$187,833
—
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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1422-1424 W Chicago Avenue, Chicago, IL 60642 (MLS# 12469255) is a Commercial property. 1422-1424 W Chicago Avenue is currently listed for $1,975,000 and was received on September 11, 2025. Want to learn more about 1422-1424 W Chicago 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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