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$450,000 Just Listed
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Property Description
Two units in a newer construction four-story mixed-use building located in the highly desirable Bridgeport neighborhood. This fully occupied investment property features two income-producing units, both currently rented, providing immediate cash flow from day one. Since acquisition, every unit has been completely renovated and updated, offering a turnkey opportunity for an investor seeking a well-maintained asset with minimal deferred maintenance. The property includes spacious residential 3 bedrooms and 2 full bathrooms unit, designed with functional layouts and modern finishes that appeal to today's tenants. The first floor features a commercial space, creating additional income diversification and long-term upside potential. Additional features include rear parking availability with additional unlimited street parking for tenants and visitors. Conveniently located near public transportation, I-55, and all that Bridgeport has to offer, this property presents an exceptional opportunity to acquire a stabilized, income-producing asset in one of Chicago's established and growing neighborhoods.
Full Property Details
Full Property Details for 4156 S Western Ave
General
- Price: $450,000
- Taxes: $11,072 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12655059
Additional Information
- Security/Safety: Other, Carbon Monoxide Detector(s)
Location
- Area: CHI - Brighton Park
- County: Cook
- Township: Lake
- Driving Directions: Western Ave North or South to the Building
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas
Utilities
- Trash: 200
Structural Information
- Stories/Levels: 4
- Square Feet: 3,000
- # of Stores: 1
- Year Built: 2009
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 2,998
- Lot Dimensions: 25 x 125
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $325
- Operating Expenses: $1,305
- Other Fee: $500
- Security Deposit: Other, Carbon Monoxide Detector(s)
- Assessment Year: 2009
- Tax Amount: $11,072.47
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 80
- Pays Trash: 200
Disclosures and Reports
- Property ID: 19012151751001
Listed by The Leading Realtors Corp.
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Schools
Schools serving 4156 S Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Shields Elementary School, Chicago, IL 4250 South Rockwell Street, Chicago, IL 60632 | PK-4 | 0.3 mi |
Shields Middle School 2611 West 48th Street, Chicago, IL 60632 | 5-8 | 0.8 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 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 4156 S Western Ave
Date
Details
Price
Change
Source
5/21/2026
Listed
$450,000
—
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 4156 S Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,575
3%
$50,123
—
2022
$10,309
41%
$50,123
38%
2021
$7,298
-9%
$36,294
—
2020
$8,058
85%
$36,174
67%
2019
$4,357
86%
$21,686
83%
2018
$2,341
35%
$11,852
47%
2017
$1,737
7%
$8,069
—
2016
$1,616
9%
$8,069
—
2015
$1,479
64%
$8,069
66%
2014
$902
-85%
$4,862
-86%
2013
$6,134
1%
$33,725
—
2012
$6,052
—
$33,725
—
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 4156 S Western Ave
4156 S Western Avenue, Chicago, IL 60609 (MLS# 12655059) is a Commercial property. 4156 S Western Avenue is currently listed for $450,000 and was received on May 21, 2026. Want to learn more about 4156 S Western Avenue? Do you have questions about finding other Commercial real estate for sale in Brighton Park? You can browse all Brighton Park real estate or contact a Coldwell Banker agent to request more information.

