1012 S Western Avenue, Chicago, IL

$1,100,000

Overview

  • 540234
  • Property ID
  • Updated On:
  • April 27, 2026

Description

First time for sale in 47 years High exposure Taylor/Western T-intersection. Double storefront with 4 residential units and 2 oversized 2-car garages with very high ceilings. Located in the UIC West Campus “Tri-Taylor” neighborhood. Roosevelt Rd is directly south and I-290 is directly north. The Illinois Medical District and the 4 main hospitals i.e. Rush, UIC, Cook County and West Side VA are walking distance directly east. Perfect opportunity for an armchair investor or and owner/operator. Rapidly developing neighborhood with new construction popping up everywhere The storefronts are newly remodeled ($1600) and ($1400) as well as one of the four residential units. ($1600) The other 3 residential units ($1400) have long term tenants at below market rents. Gross income reflects assumed market rent for storefronts. We have left them empty for the moment for an owner/operator, but can also rent out, for a straight investor. Gross income of $9200/mo. Full market closer to $10,000/mo. There is also a standing height double basement for storage or other use. Full occupancy at all times. This is truly a one time, once in a generation purchase opportunity

Climate Control
Air Conditioning
Other Features
Central Air
Circuit Breakers
Service - 101 to 200 Amps

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$5,639.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,264.92

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Information for the property at 1012 S Western Avenue, Chicago, IL, 60612 (Property ID: 540234) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi