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$950,000
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Property Description
Attention Investors / Owner Occupiers! Located in Hot West Wicker Park. Legal 5-Unit Opportunity Within Two Solid Brick Buildings -- 3 Units in Front (Two 2Bd/1Bth + One 1Bd/1Bth), and 2 Units in Coach House (3Bd/1Bth + 1Bd/1Bth). Full Basement in Front With Potential To Duplex Down First Floor Unit. Value Add Potential in All 5 Units With Zero Vacancies in 10+ Years. All Leases Include Early Termination Clause, and All Tenanats Have Waived First Right Of Refusal To Purchase Property in Accordance With The Tenant Opportunity To Purchase Block (606) District Pilot Program.
Full Property Details
Full Property Details for 1534 N Western Ave
General
- Sold For: $950,000
- Taxes: $15,536 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12383916
- Added to Site: 226 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: North Ave. to Western south to property or Division St. to Western north to property.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Sewer Connected, Other
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1894
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Dimensions: 25 x 109
- Frontage: City Street
- Potential Use: Commercial, Multi-Family
Financial Considerations
- Operating Expenses: $22,126
- Assessment Year: 1894
- Tax Amount: $15,536
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 16012070290000
Listed by Jameson Sotheby's Intl Realty
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1534 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 | 0.3 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.5 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 1534 N Western Ave
Date
Details
Price
Change
Source
9/10/2025
Sold
$950,000
-4.52%
MLS
6/04/2025
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1534 N Western Avenue, Chicago, IL 60622 (MLS# 12383916) is a Commercial property that was sold at $950,000 on September 10, 2025. Want to learn more about 1534 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.

