4841 N Western Avenue, Chicago, IL 60625 - Photo 1

1/1

$1,895,000

Sold
Closed
Commercial
24,135 Sq. Ft.
Updated 4 days ago

1/1

Property Description

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 8,135 sf 17' ceilings on first flr, partial 2nd flr and LL

Full Property Details

Full Property Details for 4841 N Western Ave

General

Sold For: $1,895,000
Taxes: $78,570 (2024)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12583565
Added to Site: 131 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: $78,570.86
Tax Year: 2024

Disclosures and Reports

Property ID: 14073180060000

Listed by L.J.S. Real Estate
Sold by Compass

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— 4841 N Western Ave —

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Schools

Schools serving 4841 N Western Ave

School District:Chicago Public School District 299

Name	Grades	Distance
McPherson Elementary School 4728 North Wolcott Avenue, Chicago, IL 60640	K-8	0.6 mi
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625	9-12	0.6 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

Date

Details

Price

Change

Source

7/09/2026

Sold

$1,895,000

-24.05%

MLS

3/16/2026

Price Reduced

$2,495,000

-5.85%

MLS

3/04/2026

Listed

$2,650,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4841 N Western Avenue, Chicago, IL 60625 (MLS# 12583565) is a Commercial property that was sold at $1,895,000 on July 09, 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.

4841 N Western Ave Chicago, IL 60625