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$2,495,000

  • For Sale
  • Active
  • Commercial
  • 24,135 Sq. Ft.
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Ideally Located in the heart of Chicago's vibrant Lincoln Square neighborhood, 4841 N Western Avenue offers a rare opportunity to acquire a premier retail showroom property in a high-traffic, transit-oriented corridor. This two-story building, complemented by a spacious lower level, provides exceptional visibility along Western Avenue with 125 feet of frontage and exposure to nearly 30,000 vehicles per day. Great Owner User Bldg or Redevelopment play Developers: Subject to the Western Ave ARO 13,358sf land 24K bldg 17' ceilings on first flr

Full Property Details for 4841 N Western Ave

General

  • Price: $2,495,000
  • Taxes: $78,572 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12583565
  • Updated: 3/22/2026
  • Added to Site: 32 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s), Partially Sprinklered

Location

  • Area: CHI - Lincoln Square
  • County: Cook
  • Driving Directions: Lawrence to Western, North to property
  • Location Details: Mixed-Use Area, Out Lot of Shopping Center, Public Transport Avail, Freestanding/Urban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Foundation: Concrete Perimeter
  • Stories/Levels: 2
  • Square Feet: 24,135
  • Current Bldg. Use: Commercial, Other, Medical/Dental
  • Year Built: 1930

Unit Information

  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Sq. Ft.): 13,348
  • Lot Dimensions: 124.83 x 106.18
  • Frontage: City Street, Public Road
  • Drainage: Other
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assoc Fee Freq.: Annually
  • Security Deposit: Alarm Monitored, Fire Extinguisher/s, Partially Sprinklered
  • Assessment Year: 1930
  • Tax Amount: $78,572
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 14073180060000

Listed by L.J.S. Real Estate

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— 4841 N Western Ave —

  • L.J.S. Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

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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 4841 N Western Ave

School District:Chicago Public School District 299
NameGradesDistance
McPherson Elementary School
4728 North Wolcott Avenue, Chicago, IL 60640
K-80.6 mi
Amundsen High School
5110 North Damen Avenue, Chicago, IL 60625
9-120.6 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 4841 N Western Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Price Reduced
$2,495,000
-5.85%
MLS
3/04/2026
Listed
$2,650,000
100%
MLS
9/14/2012
Sold
$1,325,000
—
Public Record
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 4841 N Western Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$64,647
3%
$291,756
—
2022
$62,619
-8%
$291,756
-10%
2021
$67,865
9%
$323,338
21%
2020
$62,006
11%
$266,613
—
2019
$55,922
2%
$266,613
—
2018
$54,900
11%
$266,613
20%
2017
$49,585
7%
$221,321
—
2016
$46,208
10%
$221,321
—
2015
$42,003
-10%
$221,321
-9%
2014
$46,827
2%
$243,480
—
2013
$45,903
1%
$243,480
—
2012
$45,399
—
$243,480
—
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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4841 N Western Avenue, Chicago, IL 60625 (MLS# 12583565) is a Commercial property. 4841 N Western Avenue is currently listed for $2,495,000 and was received on March 04, 2026. Want to learn more about 4841 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.

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