4544 North Western Avenue

Chicago, IL 60625

$1,300,000
Price
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Listed By Compass

Listed By Compass

a front view of a building
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher and white cabinets with wooden floor
a view of a dining room with furniture and window
a kitchen with a table chairs wooden floors and a view of living room
a kitchen with stainless steel appliances granite countertop a sink and wooden cabinets
a view of a room with wooden floor and stairs
a view of a hallway with wooden floor
a view of a kitchen with a sink and wooden floor
a view of an empty room
a room with storage and utility
a room with lots of wooden furniture and a window
a view of a hallway with wooden floor and staircase
a bathroom with a sink and a mirror
a white toilet sitting next to a white cabinet
a bathroom with a sink and a mirror
a kitchen with stainless steel appliances granite countertop a sink and a stove
a view of storage utility and utility room with refrigerator
a view of a room with closet area
a bathroom with a toilet sink and mirror
an aerial view of residential houses with outdoor space
a view of an empty room with a window
a view of an empty room with a window and wooden floor
a view of an empty room with window and wooden floor
a view of an empty room with wooden floor and closet
an empty room with a window
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a view of kitchen with stainless steel appliances granite countertop a refrigerator and a wooden floor
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with stainless steel appliances granite countertop a refrigerator a sink dishwasher a oven and a dining table with wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator stove and sink
a kitchen with granite countertop cabinets and a stove
a view of an empty room with window and wooden floor
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a bathroom with a toilet sink and mirror
a view of empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
an empty room with wooden floor closet and windows
a view of an empty room with wooden floor
a view of an empty room
a bathroom with a sink a toilet and a mirror
an empty room with wooden floor closet and windows
a view of a large window with wooden floor
a view of empty room with wooden floor
a view of utility room with washer and dryer
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of a tennis ground
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a view of a city from a terrace

Description

Fully recently rehabbed, this brick all-around mixed-use, 2-unit building is located in the heart of Lincoln Square, offering an incredible amount of finished square footage-4,532 assessed sq ft. Built fully front to back and lot line to lot line, the lower level at the front of the building has been dug down, providing excellent usable space and enhancing functionality throughout. The commercial space is restaurant-ready, featuring two large open dining rooms, an airlock vestibule, a built-out host...Fully recently rehabbed, this brick all-around mixed-use, 2-unit building is located in the heart of Lincoln Square, offering an incredible amount of finished square footage-4,532 assessed sq ft. Built fully front to back and lot line to lot line, the lower level at the front of the building has been dug down, providing excellent usable space and enhancing functionality throughout. The commercial space is restaurant-ready, featuring two large open dining rooms, an airlock vestibule, a built-out host station, and a full bar with multiple sinks. A server's ice room with storage and a fully equipped service station add to its operational ease. The space includes two fully renovated bathrooms-one with two stalls and the other with a single stall and urinal-each with independent handwashing stations. The commercial kitchen is equipped with a full-length ventilation hood system, ready to accommodate a variety of appliances, including ranges, fryers, and griddles, making it adaptable to diverse kitchen needs. A separate dishwashing station is fully set up with a commercial-grade pre-rinse spray nozzle, glasswasher, and a multi-compartment sink. The lower level boasts newly poured concrete flooring, a complete drain tile system, a laundry room, an office, and a staff bathroom. It is also prepped for the installation of a commercial walk-in refrigerator and freezer, with reinforced concrete, ample headroom, and ready-to-use electrical and drainage systems. The building is fully modernized with updated infrastructure, including new security cameras, foam insulation throughout, newer windows, a newer roof, and completely replaced electrical lines, gas lines, water lines (now copper), and sewer lines. Both the residential and commercial units are equipped with individual heating and cooling systems, ensuring maximum comfort and efficiency. The residential unit, currently rented for $3,500 per month until August 2026, offers exceptional value with fabulous tenants who pay utilities. This oversized 5-bedroom, 2-bath unit features stunning wood finishes, a chef's kitchen, and an adjacent multi-use room. The layout includes a dining room, living room, and family room, all bathed in natural light from large windows. Hardwood floors and recessed lighting add to the unit's charm and practicality. Located within the sought-after Waters Elementary School area, this building is just two blocks from Lincoln Avenue and the Brown Line train, making it an incredibly convenient location. Lincoln Square boasts a vibrant community with a variety of independent shops, breweries, and a dynamic restaurant scene. The property also offers easy access to the North Branch of the Chicago River, Ravenswood, North Center, Uptown, and Andersonville, making it a prime investment opportunity in one of Chicago's most desirable neighborhoods.

Listing Agents

  1. Santiago Valdez

    Santiago Valdez

    Listing Agent

    Compass

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  2. Elizabeth Pyle

    Elizabeth Pyle

    Alternative Listing Agent

    Compass

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Property Details for 4544 North Western Avenue

Area
CHI - Lincoln Square
Township
Lake View
Zoning
COMMR
LISTING UPDATED: 12/01/2024 12:06 AM

Property Details for 4544 North Western Avenue

StatusActive
MLS #12215979
Days on Market29
Taxes$9,831 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1916
Lot Size0.06 AC / 2,700 SF
CountyCook County

Building Information for 4544 North Western Avenue

Stories2Residences2Year Built1916Lot Size0.06 AC / 2,700 SF

Property Information for 4544 North Western Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago North
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Flooring: Varies
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 2
  • # Of Dryers: 2
  • # Of Disposals: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: 16-25 Years
  • Lot Dimensions: 25X108
  • Lot Size Square Feet: 2700.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm On Site,Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Building Area Total: 4532
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-11-25T19:03:51
  • Photos Count: 79
Miscellaneous
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $156,000.00
  • Gross Scheduled Income: $156,000.00
  • Insurance Expense: $5,000.00
  • Insurance Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 13000
  • Water Expense Source: Broker Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,000.00

Property History for 4544 North Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4544 North Western Avenue

Taxable ValueLand$6,480Additions$50,520Total$57,000
Tax Record2022$11,500 ($958 / month)
Home Facts
Baths2.5Total Finished SqFt4,532 SqFtAbove Grade Finished SqFt4,532 SqFtStories2Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyCOOKAPN13-13-225-020

Schools near 4544 North Western Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Waters Elementary School
Public - K to 8
Amundsen High School
Public - 9 to 12
North River Elementary School
Public - PK to 8
Edison Elementary Regional Gifted Center
Public - K to 8
Rating
School
Distance
Waters Elementary School
PublicK to 8

Amundsen High School
Public9 to 12

North River Elementary School
PublicPK to 8

Edison Elementary Regional Gifted Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4544 North Western Avenue, Chicago, IL 60625

4544 North Western Avenue is a mixed use property for sale in Chicago, IL 60625. This property was listed for sale on November 25, 2024 by Compass, it's currently listed at $1,300,000. It has been on the market for a total of 29 days and was last sold on January 13, 2005. This listing's school district is Chicago Public Schools. Nearby schools include Waters Elementary School, Amundsen High School and North River Elementary School. 4544 North Western Avenue is a 0-bed, 0-bath, mixed use property built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/01/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.