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$31
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Property Description
Prime Retail Opportunity at 1500 N Western Ave, Chicago Position your business in a highly visible corner building on bustling Western Avenue. This property is undergoing a complete gut rehab, featuring brand-new electrical, plumbing, and modern finishes, creating a fresh and contemporary environment for your business. The space offers 1,400 sq. ft. of flexible layout, which can be divided into two separate 700 sq. ft. units, making it ideal for a variety of concepts. Zoned C2-1, this location accommodates a wide range of uses including retail shops, restaurants, cafes, professional offices, salons, fitness studios, and specialty businesses. With excellent corner exposure, high foot and vehicle traffic, and proximity to public transit, this property provides outstanding visibility and accessibility. Bring your vision to life in this dynamic neighborhood and take advantage of a space designed for modern business needs.
Full Property Details
Full Property Details for 1500 N Western Ave
General
- Price: $31
- Taxes: $18,496 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12533661
- Updated: 12/22/2025
- Added to Site: 109 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: NORTH AVE TP WESTERN AVE, CHICAGO, IL 60622
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Gas
Structural Information
- Stories/Levels: 3
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1888
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,616
- Lot Dimensions: 2616
- Potential Use: Commercial, Retail
- Zoning: OTHER
Financial Considerations
- Lease Price: $31
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1888
- Tax Amount: $18,496
- Tax Year: 2024
- Tenant Pays: Varies by Tenant, All Utilities
Disclosures and Reports
- Property ID: 16012070410000
Listed by Hideout III LLC
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Schools
Schools serving 1500 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
De Diego Elementary Community Academy 1313 North Claremont Avenue, Chicago, IL 60622 | PK-8 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.4 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 1500 N Western Ave
Date
Details
Price
Change
Source
12/16/2025
Listed
$31
-99.99%
MLS
10/16/2024
Sold
$532,500
—
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 1500 N Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,765
3%
$69,772
—
2022
$14,351
2%
$69,772
—
2021
$14,030
24%
$69,772
37%
2020
$11,318
-2%
$50,805
-12%
2019
$11,599
389%
$57,733
380%
2018
$2,374
-52%
$12,017
23%
2017
$4,953
-45%
$9,793
-78%
2016
$9,005
5%
$44,960
-4%
2015
$8,561
85%
$46,718
87%
2014
$4,627
2%
$24,940
—
2013
$4,536
1%
$24,940
—
2012
$4,475
—
$24,940
—
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 1500 N Western Ave
1500 N Western Avenue, Chicago, IL 60622 (MLS# 12533661) is a Commercial property. 1500 N Western Avenue is currently listed for $31 and was received on December 16, 2025. Want to learn more about 1500 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.

