Turnkey property that’s a 5-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (3) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue’s restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago’s most desirable neighborhoods.
Property Details
Price:
$1,250,000
MLS #:
MRD12612659
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorthcenter
Listed Date:
Apr 9, 2026
Total Sq Ft:
4,225
Year Built:
1923
See this Listing
Schools
Interior
Cooling
Central Air, Window Unit(s)
Fireplaces Total
1
Exterior
Roof
Composition
Stories
3
Financial
Tax Year
2024
Taxes
$8,603
Map
Community
- Address4054 N Western Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60618
Market Summary
Current real estate data for Commercial in Chicago as of Oct 05, 2026
886
Commercial Listed
186
Avg DOM
$1,021,509
Avg List Price
Property Summary
- 4054 N Western Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60618. It is listed for $1,250,000
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Copyright 2026. All rights reserved.
4054 N Western Avenue
Chicago, IL


