4841 N Western Ave 24,153 SF Retail Building Chicago, IL 60625 $2,650,000 ($109.72/SF)

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, (1st flr 8,135sf and partial 2nd flr) 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. The property spans over 16,000 square feet above grade plus 8,000 square feet below, featuring soaring 17-foot ceilings on the first floor and flexible layouts ideal for retail, showroom, or creative use.
Situated on a 13,348-square-foot parcel with dedicated parking for 8–12 vehicles, the asset benefits from B3-3 zoning, supporting a wide range of commercial applications. Its proximity to the Western Avenue Brown Line station and multiple transit options underscores its accessibility, while Lincoln Square’s bustling mix of dining, entertainment, and residential density ensures strong consumer traffic. Surrounding demographics reflect a robust customer base, with over 113,000 residents within one mile and affluent household incomes.
Offered at $2,650,000, this property represents a strategic investment in one of Chicago’s most desirable urban neighborhoods. Whether for an owner-user seeking a flagship location or an investor targeting long-term value, 4841 N Western Avenue delivers unmatched potential in a dynamic retail corridor.
Also available for lease at $35/square foot MG