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$2,199,000

  • For Sale
  • Active
  • Commercial
  • 8,700 Sq. Ft.
  • Updated 1 day ago
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8700SF flex use warehouse/office with luxe second floor workspace! Hi traffic exposure on Western Ave! Main floor features 17ft ceilings with a largely open span warehouse, two loading docks (13'6" & 10'6"), large private office, open workstations, kitchenette, storage rooms, and two baths. Second floor features luxe open workspace with polished concrete floors, custom bar and kitchen, a full bath with shower, and large storage room. High R-value spray foam insulation thru-out, EV charging station, & parking lot with snow-melt lines in place. Plenty of power with 480a/3-phase + additional 220amp service. Full heat and AC thru-out. Warehouse is 6400SF. Zoned PMD4. This property has been superbly maintained and is ready for a variety of business types!

Full Property Details for 242 N Western Ave

General

  • Price: $2,199,000
  • Taxes: $38,211 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12577677
  • Updated: 6/25/2026
  • Added to Site: 17 day(s) ago

Interior

  • Interior Features: Common Lunchroom(s), Common Meeting Room(s), Private Restroom(s), Public Restroom(s), Storage Inside
  • Flooring: Concrete

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Driving Directions: On Western Ave, just south of Fulton.
  • Location Details: Chicago West

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Zoned
  • Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Drive-In Doors: 2
  • # Loading Docks: 1
  • Sub-Flooring: Concrete
  • Stories/Levels: 2
  • Square Feet: 8,700
  • Office: 2,300 Sq. Ft.
  • Year Built: 1969
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 7,848
  • Lot Dimensions: 72 x 109
  • Zoning: PMD

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assessment Year: 1969
  • Tax Amount: $38,211
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 16124140870000

Listed by Jameson Sotheby's Intl Realty

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Listing agent

— 242 N Western Ave —

  • Jameson Sotheby's Intl Realty

(312) 867-2261

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 242 N Western Ave

School District:Chicago Public School District 299
NameGradesDistance
Mitchell Elementary School, Chicago, IL
2233 West Ohio Street, Chicago, IL 60612
PK-80.5 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.4 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 242 N Western Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2026
Price Increased
$2,199,000
0.18%
MLS
6/09/2026
Listed
$2,195,000
—
MLS
Get Price Alerts and Save Property
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 for 242 N Western Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$38,211
—
$94,500
-48%
2023
$38,211
3%
$180,482
—
2022
$37,249
2%
$180,482
—
2021
$36,412
32%
$180,482
46%
2020
$27,625
11%
$123,595
—
2019
$24,915
2%
$123,595
—
2018
$24,493
16%
$123,595
27%
2017
$21,089
8%
$97,631
—
2016
$19,554
9%
$97,631
—
2015
$17,890
25%
$97,631
26%
2014
$14,360
2%
$77,399
—
2013
$14,077
1%
$77,399
—
2012
$13,889
—
$77,399
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jameson Sotheby's Intl Realty

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242 N Western Avenue, Chicago, IL 60612 (MLS# 12577677) is a Commercial property. 242 N Western Avenue is currently listed for $2,199,000 and was received on June 09, 2026. Want to learn more about 242 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

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