1303 W Chicago Ave Chicago, IL 60642

Located in the heart of West Town, Chicago, the mixed-use property at 1303 W Chicago Ave offers a unique investment opportunity. The property is situated on Chicago Ave, directly across from Eckhart Park and Field House, and near the Chicago Blue Line stop and Milwaukee Ave, providing high visibility and strong rental potential. The commercial space features 1,100 SF of open retail area with 11-foot clearance ceilings, white tin ceilings, and original wooden floors. Previously used as a photographer's studio with a dark room for film development, the space is zoned B1-2, accommodating various business types, including art galleries and studios, boutique retail and showrooms, cafes, creative offices and design studios, wellness and beauty services, tattoo and piercing studios, photography and content creation studios, and specialty retail. The second-floor residential unit is a spacious two-bedroom, one-bathroom apartment overlooking Chicago Ave, featuring a full HVAC system with forced hot and cold air, original wooden floors, an ample-sized kitchen, and separate living and dining rooms. A private wooden deck and large backyard offer space for relaxation. The property is located in a rapidly growing area experiencing significant development, enhancing long-term appreciation potential and increasing demand for commercial and residential spaces. It is steps from popular restaurants, cafes, and local shops, fostering a dynamic atmosphere. Excellent transit access includes the 66 Chicago Avenue CTA bus stopping at the door and the Chicago Blue Line station two blocks away, with easy access to I-90/I-94.