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$1,375,000
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Property Description
Turnkey property that's a 6-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (4) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue's restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago's most desirable neighborhoods.
Full Property Details
Full Property Details for 4054 N Western Ave
General
- Price: $1,375,000
- Taxes: $8,603 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12612659
- Updated: 4/15/2026
- Added to Site: 9 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - North Center
- County: Cook
- Township: North Chicago
- Driving Directions: Just north of Irving Park Road on Western Avenue. West side of the street.
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Electric, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 4,225
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Lot Features
- Lot Size (Sq. Ft.): 3,538
- Lot Dimensions: 108 x 32.76
- Frontage: City Street
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $3,447
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1923
- Tax Amount: $8,603.19
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 1200
Disclosures and Reports
- Property ID: 13134180350000
Listed by Westward360 RM
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Schools
Schools serving 4054 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coonley Elementary School 4046 North Leavitt Street, Chicago, IL 60618 | PK-8 | 0.3 mi |
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625 | 9-12 | 1.4 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 4054 N Western Ave
Date
Details
Price
Change
Source
4/09/2026
Listed
$1,375,000
316.67%
MLS
7/31/2015
Sold
$330,000
—
Public Record
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 4054 N Western Ave
4054 N Western Avenue, Chicago, IL 60618 (MLS# 12612659) is a Commercial property. 4054 N Western Avenue is currently listed for $1,375,000 and was received on April 09, 2026. Want to learn more about 4054 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.

