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1422-1424 W Chicago Ave 8,640 SF Retail Building Chicago, IL 60642 $1,975,000 ($228.59/SF)

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INVESTMENT HIGHLIGHTS

  • Prime corner location in West Town
  • Fully built-out restaurant on the ground floor
  • Strong pedestrian and vehicular traffic
  • 40’ of street frontage on Chicago Avenue
  • Flexible second-floor office layout with unique architectural character
  • Excellent investment or owner-user opportunity

EXECUTIVE SUMMARY

Unlock the potential of this well-maintained, architecturally distinctive two-story commercial building located at a high-visibility corner in the heart of Chicago’s thriving West Town neighborhood. Boasting 40 feet of frontage along bustling Chicago Avenue, this property offers unmatched exposure in one of the city’s most dynamic and rapidly developing commercial corridors.
The ground floor features a fully built-out restaurant space, thoughtfully designed and ready for immediate operation. With modern finishes and an efficient layout, it’s ideal for restaurateurs looking to establish or expand their brand in a high-traffic area.
Upstairs, the second floor is currently configured with multiple private offices, offering flexibility for a variety of commercial uses, including creative studios, wellness services, professional offices, or potential co-working concepts. The layout could easily be reimagined to suit a wide range of tenants or owner-occupiers.
This corner property is exceptionally well-maintained, with minimal deferred maintenance, making it a turnkey opportunity for investors and business owners alike.

ATTACHMENTS

Sale Brochure

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,640 SF
Building Class
C
Year Built/Renovated
1917/2020
Price
$1,975,000
Price Per SF
$228.59
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.10 AC
Zoning
B3-2, Chicago - Neighborhood Mixed-Use District
Frontage
145’ on Bishop Ave

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
CrossFit
Matchbox
9Round
Starbucks
Intelligentsia Coffee
Byline Bank
U.S. Bank
Orangetheory Fitness
Goldfish Swim School

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-05-324-042-0000
Land Assessment
$50,000 (2024)
Improvements Assessment
$198,500 (2024)
Total Assessment
$248,500 (2024)
  • Listing ID: 37636618

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 1422-1424 W Chicago Ave, Chicago, IL 60642

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