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4800 N Central Ave
Chicago, IL 60630
Retail Property For Sale

Investment Highlights

  • Close to public transportation
  • Close proximity to O’Hare International Airport, supporting travel convenience and business connectivity
  • Ample street frontage and signage potential enhancing tenant exposure
  • Prominent Northwest Chicago location with strong visibility along Central Avenue

Executive Summary

Exceptional commercial opportunity in the heart of Chicago's Jefferson Park/Mayfair corridor. Situated on highly visible Central Avenue, this versatile mixed-use/retail property offers strong street presence, excellent traffic exposure, and easy access to major transportation routes. The property features approximately 5,000 square feet of flexible commercial space ideal for retail, office, medical, showroom, or owner-user occupancy. Surrounded by established neighborhood businesses, dense residential housing, and steady consumer traffic, this location provides outstanding potential for investors or entrepreneurs seeking long-term growth in one of Chicago's most active northwest side corridors. Conveniently located near I-90/94, CTA transit, and Metra access, the property combines accessibility with strong local demographics. Perfect for an owner-occupant, redevelopment opportunity, or income-producing investment in a rapidly evolving commercial district.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Building Size
5,000 SF
Building Class
C
Year Built
1959
Price
$2,350,000
Price Per SF
$470
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.56 AC
Zoning
B1-1 - Neighborhood Shopping District
Parking
38 Spaces (7.6 Spaces per 1,000 SF Leased)
Frontage
163’ on N Central

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 13-08-432-028-0000
  • 13-08-432-026-0000
  • 13-08-432-027-0000
Land Assessment
$150,938
Improvements Assessment
$41,066
Total Assessment
$192,004
  • Listing ID: 40570418

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 4800 N Central Ave, Chicago, IL 60630

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