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Property Description
1,892 SF second-generation retail/office condo located along Chicago Avenue in the heart of West Town, offering over 40' of frontage and two storefront entrances. The space is currently built out with five private offices, a conference room, reception/waiting area, kitchenette, and an ADA-compliant restroom with shower, making it well-suited for a variety of retail, medical, or office users. Positioned on a highly active corridor, the property benefits from strong visibility, consistent pedestrian and vehicle traffic, and excellent signage exposure. The surrounding area features a vibrant mix of established retailers, restaurants, and dense residential development, creating a steady customer base and daytime population. Nearby national and local tenants include Brasero, Roots Handmade Pizza, and Mariano's, reinforcing the strength of the corridor. This is an ideal opportunity for an owner-user or investor to secure a well-located commercial condo in one of Chicago's most sought-after neighborhood retail markets.
Full Property Details
Full Property Details for 1502 W Chicago Ave
General
- Price: $23
- Taxes: $44,567 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12600247
- Updated: 3/30/2026
- Added to Site: 11 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: On W Chicago Ave at N Greenview Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 4
- Year Built: 2013
Lot Features
- Frontage: City Street
Financial Considerations
- Lease Price: $23
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm On Site
- Assessment Year: 2013
- Tax Amount: $44,567.7
- Tax Year: 2024
- Tenant Pays: All Utilities
Listed by @properties Commercial and @properties Christie's International Real Estate
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Schools
Schools serving 1502 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 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 1502 W Chicago Ave
Date
Details
Price
Change
Source
3/24/2026
Listed
$23
—
MLS
Disclaimer: Historical sales 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 1502 W Chicago Ave
1502 W Chicago Avenue, Chicago, IL 60642 (MLS# 12600247) is a Commercial Lease property. 1502 W Chicago Avenue is currently listed for $23 and was received on March 24, 2026. Want to learn more about 1502 W Chicago Avenue? Do you have questions about finding other Commercial Lease 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.

