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2054 W Grand Ave Chicago, IL 60612

Sponsored
For Sale
$3,500,000

COMMERCIAL - Chicago, IL

Lot size:
0.16 Acres
Days on Market:
57
Last Refresh:
Jan 31 at 10:06 pm

Property Features for 2054 W Grand Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
COMMR
APN
17071240170000
Lot size
0.16 Acres

Utilities

Cooling system
Central Air

Building Details

Year built
2013
Floors in Building
3
Number of units
3
Flooring type
Concrete
Building materials
Concrete, Pre-cast
Roof type
Membrane, Metal

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Listing Contact
Kathryn Barry

Compass Real Estate

Listing agent Kathryn Barry (412) 735-2852

Listing date Dec 6, 2025

MLS# 12505696

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

West Town Live-Work Space

Located in the heart of Chicago's West Town neighborhood, this live/work space at 2054-2058 W Grand Ave was designed by UrbanLab and featured in Dwell magazine. Constructed in 2013, the property spans 3 Chicago lots and features a main building built of prefabricated concrete wall panels. The first floor, originally an FDA-approved food production facility, includes a storefront, restaurant space, and a large area with 24' ceiling height suitable for processing and warehousing. It features floor drains, polished concrete floors, three commercial kitchen prep spaces with multiple exhaust hoods, ADA-compliant bathrooms, a staff break room, two mechanical rooms, 800 AMP electrical service, and a staging area with overhead doors. The building design allows for clearing rooms, leaving only two centrally located columns. The second floor offers office space with a conference room, two private offices, and additional warehousing/processing space accessible via a safety gate from the first floor. The top floor is a 2-bedroom, 2-bathroom apartment with floor-to-ceiling windows and a roof deck with city views. It features high-end appliances, Duravit sinks and toilets, and Axor fixtures. The primary bathroom includes a steam shower and an oversized bathtub. Each level is accessible via a Schindler hydraulic passenger elevator and two stairwells. The building has a new electronic access alarm system with remote access and an indoor/outdoor camera surveillance system with remote access (both installed Jan 2025). The property includes parking for over 6 cars, three forced air RTUs with AC, and two water heaters. A Generac natural gas-powered generator supports a mixture of breakers on floors 1-3. The first floor has 10+ ceiling-integrated speakers with 4+ zones. Restaurant fixtures/equipment could be included based on buyer's preference.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Liberation Kitchen Donut Shop Liberation Donuts Donut Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.67909
Latitude
41.890971

FAQs

What type of property is this?
Live-work space - Unique live-work space in Chicago's West Town neighborhood.
Where is this live-work space located?
The property is located at 2054 W Grand Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Unique live/work space designed by renowned architects UrbanLab, featured in Dwell magazine.; - Versatile first floor suitable for various commercial uses, featuring polished concrete floors and multiple commercial kitchen prep spaces.; - Stunning 2-bedroom, 2-bathroom apartment with floor-to-ceiling windows and a massive roof deck offering unobstructed Chicago skyline views.
More about this property
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