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$699,900
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Property Description
Located in the heart of Chicago's vibrant West Town corridor, this income-producing, single-story brick commercial building offers a prime opportunity for both investors and owner-users. Built solidly with approximately 934 square feet of interior space and a 9-foot ceiling height, the property features a new roof installed in 2024, a two-car garage for parking or storage, and a flexible B3-2 zoning designation that accommodates a range of commercial uses. The building is currently leased to Takie Outit (Alpha Dynasty, LLC) through August 2026 (with the tenant paying all utilities). The landlord covers taxes, insurance, and structural responsibilities, providing stable and predictable ownership. Recent operating expenses available upon request. The property is serviced by City of Chicago water, ComEd electric, and Peoples Gas, with no known liens, violations, or environmental issues. Not located in a TIF or Opportunity Zone, this property offers dependable cash flow with long-term upside in one of Chicago's most dynamic neighborhoods.
Full Property Details
Full Property Details for 2132 W Chicago Ave
General
- Price: $699,900
- Taxes: $13,538 (2023)
- Status: Active
- Type: Commercial Service
- Source: MRED
- MLS ID: 12487509
- Updated: 3/6/2026
- Added to Site: 178 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Located on the north side of Chicago Avenue, just west of Leavitt Street in West Town. Easy access from the Kennedy Expressway, exit at Augusta or Division and head west to Chicago Avenue. Street parking available; two-car garage on site for private access.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Hot Water
Structural Information
- Drive-In Doors: 2
- Stories/Levels: 1
- Square Feet: 1,250
- Year Built: 1921
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 1,250
- Lot Dimensions: 25 x 125
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1921
- Tax Amount: $13,538.9
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17063300270000
Listed by eXp Realty
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Schools
Schools serving 2132 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 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.5 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 2132 W Chicago Ave
Date
Details
Price
Change
Source
2/28/2026
Price Reduced
$699,900
-3.46%
MLS
10/06/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2132 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,539
3%
$61,429
—
2022
$13,156
2%
$61,429
—
2021
$12,858
18%
$61,429
31%
2020
$10,922
11%
$46,757
—
2019
$9,848
2%
$46,757
—
2018
$9,699
-7%
$46,757
2%
2017
$10,446
7%
$46,046
—
2016
$9,725
9%
$46,046
—
2015
$8,962
9%
$46,046
11%
2014
$8,203
2%
$41,509
—
2013
$8,069
3%
$41,509
—
2012
$7,840
—
$41,509
—
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 2132 W Chicago Ave
2132 W Chicago Avenue, Chicago, IL 60622 (MLS# 12487509) is a Commercial Service property. 2132 W Chicago Avenue is currently listed for $699,900 and was received on October 06, 2025. Want to learn more about 2132 W Chicago Avenue? Do you have questions about finding other Commercial Service 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.

