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$1,200,000
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Property Description
This loft-style, street-level retail space offers a highly versatile opportunity for both owner-users and investors, available for lease or sale. The space features approximately 60 feet of prominent street frontage along North Avenue, delivering exceptional visibility, signage presence, and strong branding exposure in a high-traffic corridor. Floor-to-ceiling storefront windows flood the interior with natural light, highlighting the authentic loft character defined by exposed brick walls and dramatic high wood-beam ceilings. The layout is well-suited for a range of retail, showroom, creative, or service-oriented uses and can be efficiently subdivided to accommodate multiple users or phased occupancy. In addition to the main retail floor, the property includes valuable basement storage, providing functional back-of-house space rarely available in comparable offerings. A common rooftop outdoor area further enhances the space, offering unique flexibility for tenant or owner use, events, or experiential programming. Two dedicated parking spaces add a meaningful amenity for ownership, staff, or select customer access-an increasingly scarce feature in this submarket.
Full Property Details
Full Property Details for 2542 W North Ave
General
- Price: $1,200,000
- Taxes: $50,779 (2024)
- Status: Active
- Type: Store
- Source: MRED
- MLS ID: 12544063
- Updated: 1/15/2026
- Added to Site: 10 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: North Ave, West of Western Ave on the North Side of the Street
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Ceiling Height: 14
- Stories/Levels: 1
- Square Feet: 8,000
- Current Bldg. Use: Commercial, Condominium, Other
- Year Built: 1920
Lot Features
- Lot Size (Sq. Ft.): 12,445
- Lot Dimensions: 67 x 117
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Other
- Assessment Year: 1920
- Tax Amount: $50,779.23
- Tax Year: 2024
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 14182210291011
Listed by Sperry Van Ness
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Schools
Schools serving 2542 W North Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Moos Elementary School 1711 North California Avenue, Chicago, IL 60647 | PK-8 | 0.3 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.6 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 2542 W North Ave
Date
Details
Price
Change
Source
1/09/2026
Listed
$1,200,000
—
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 2542 W North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$58,329
3%
$275,625
—
2022
$56,691
2%
$275,625
—
2021
$55,426
100%
$275,625
100%
2020
100%
100%
2019
—
—
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 2542 W North Ave
2542 W North Avenue, Chicago, IL 60647 (MLS# 12544063) is a Store property. 2542 W North Avenue is currently listed for $1,200,000 and was received on January 09, 2026. Want to learn more about 2542 W North Avenue? Do you have questions about finding other Store 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.

