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10139 S Western Ave 3,200 SF Office Building Chicago, IL 60643 $599,000 ($187.19/SF)
Investment Highlights
- Divisible commercial space with warehouse and assembly area, 10-foot ceilings, and multiple private offices.
- Residential unit includes three bedrooms, one bath, and long-term tenant history.
- Located on Western Avenue with strong traffic counts and surrounded by national retailers and local businesses.
- Attached heated garage of approximately 750 SF, suitable for storage or additional operational use.
- Recent upgrades include new roof, tuckpointing, rear stairs, and masonry improvements.
Executive Summary
Don't miss this incredible opportunity to own a cash-flowing, turn-key investment property in the highly desirable Beverly neighborhood, a vibrant community known for its charming streets, strong local economy, and perfect blend of urban and suburban appeal. This property features a second-floor residential unit and a first-floor commercial unit, offering flexibility for investors and owner-occupants alike. Additionally, the first floor includes a potential warehouse space and an attached garage, providing even more value and functionality. With recent capital improvements and low-maintenance upkeep, this property is a strategic addition to any investment portfolio. It also presents an ideal opportunity for owner-occupant small businesses, allowing them to own while offsetting costs with a long-term residential tenant. The first-floor units can be subdivided to generate additional income. Contact the broker today for more details and to schedule a private tour of this exceptional property!
Property Facts
Sale Type
Investment
Property Type
Building Size
3,200 SF
Building Class
C
Year Built
1960
Price
$599,000
Price Per SF
$187.19
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,600 SF
Building FAR
0.73
Lot Size
0.10 AC
Zoning
B1-1 - General Business District
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 25-07-316-014-0000 | Improvements Assessment | $35,803 |
| Land Assessment | $6,510 | Total Assessment | $42,313 |
Property Taxes
Parcel Number
25-07-316-014-0000
Land Assessment
$6,510
Improvements Assessment
$35,803
Total Assessment
$42,313
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10139 S Western Ave
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