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4839 N Western Avenue, Chicago, IL 60625
$2,799,000
4839 N Western Avenue, Chicago, IL 60625View this property at 4839 N Western Avenue, Chicago, IL 60625
4839 N Western AvenueChicagoIL60625
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Property Description
The subject property is located at 4837-4839 North Western Ave., Chicago, IL 60625 (the "Property"). This is an urban mixed-use (retail/residential) building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a two-story building, 11,200 SF GLA, and 5,670 SF or (0.13 AC) rectangular-shaped site. The property is located on "Western Avenue (North)" - Tax Increment Financing District with reference Number: T-84. The property located at 4841-4851 North Western Avenue which is north and next to the subject property is currently also for sale *** excellent frontage on Western Avenue (both properties) of 176.59! The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
Full Property Details
Full Property Details for 4839 N Western Ave
General
- Price: $2,799,000
- Taxes: $23,507 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11946599
- Updated: 5/13/2024
- Added to Site: 132 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Lincoln Square
- County: Cook
- Township: Lake View
- Driving Directions: Lawrence to Western, North to property
- Location Details: Central Business District, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Drive-In Doors: 1
- Stories/Levels: 2
- Square Feet: 11,200
- Current Bldg. Use: Commercial, Other
- Year Built: 1952
Lot Features
- Lot Size (Sq. Ft.): 5,670
- Lot Dimensions: 54 x 105
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1952
- Tax Amount: $23,507
- Tax Year: 2022
Disclosures and Reports
- Property ID: 14073180080000
Listed by Baird & Warner
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Schools
Schools serving 4839 N Western Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4728 N Wolcott Ave, Chicago, IL 60640 | PK-8 | 0.6 mi | |
5110 N Damen Ave, Chicago, IL 60625 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4839 N Western Ave
Date
Details
Price
Change
Source
5/07/2024
Price Reduced
$2,799,000
-15.18%
MLS
1/08/2024
Listed
$3,300,000
528.57%
MLS
6/04/2003
Sold
$525,000
—
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.
Tax History
Tax History for 4839 N Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$24,038
2%
$111,999
—
2021
$23,507
-31%
$111,999
-24%
2020
$34,183
11%
$146,981
—
2019
$30,829
2%
$146,981
—
2018
$30,266
-6%
$146,981
3%
2017
$32,060
7%
$143,100
—
2016
$29,877
10%
$143,100
—
2015
$27,158
-15%
$143,100
-14%
2014
$32,021
2%
$166,493
—
2013
$31,389
1%
$166,493
—
2012
$31,044
—
$166,493
—
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 4839 N Western Ave
4839 N Western Avenue, Chicago, IL 60625 (MLS# 11946599) is a Commercial property. 4839 N Western Avenue is currently listed for $2,799,000 and was received on January 08, 2024. Want to learn more about 4839 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.