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$1,199,000
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Property Description
Prime Commercial Opportunity in West Town! Unlock the potential of this 6,300 sq. ft. property, offering 3,100 sq. ft. per floor, plus roof access-perfect for a roof deck or additional dining. Built entirely with concrete and flex core, this space boasts high ceilings, an elevator, a large garage, and a blank slate ready for a tenant or owner to create a standout retail or restaurant space. Originally designed for an upscale restaurant, it features precast plumbing for bathrooms and kitchen, streamlining the build-out process. Located in the heart of Chicago Ave and West Town, this property is surrounded by top-tier tenants including Mariano's, McDonald's, Cleo's, West Town Bakery, Forbidden Root, Brasero, and more. With easy access to bus and Divvy stations and the Kennedy Expressway, it offers unbeatable convenience. Available for lease or purchase, this is a rare chance to secure a versatile, high-visibility location in one of Chicago's most popular neighborhoods. TI packages available for right tenant / building will be sold as vanilla box.
Full Property Details
Full Property Details for 1954 W Chicago Ave
General
- Price: $1,199,000
- Taxes: $1,389 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12357646
- Updated: 12/18/2025
- Added to Site: 256 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Three doors east of Damen Ave on Chicago Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 2
- Square Feet: 6,200
- Year Built: 2018
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
Financial Considerations
- Lease Price: $19
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 2018
- Tax Amount: $1,389
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17064330350000
Listed by @properties Commercial
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Schools
Schools serving 1954 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Columbus Elementary School, Chicago, IL 1003 North Leavitt Street, Chicago, IL 60622 | PK-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 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 1954 W Chicago Ave
Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$1,199,000
-14.3%
MLS
9/04/2025
Price Reduced
$1,399,000
-5.15%
MLS
7/01/2025
Price Reduced
$1,475,000
-7.81%
MLS
5/06/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1954 W Chicago Ave
1954 W Chicago Avenue, Chicago, IL 60622 (MLS# 12357646) is a Commercial property. 1954 W Chicago Avenue is currently listed for $1,199,000 and was received on May 06, 2025. Want to learn more about 1954 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.

