For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1012 S Western Avenue Chicago, IL 60612

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,150,000

    Mixed-use property with storefronts, residential units, and garages.

    Type:Commercial
    Added:
    Aug 4, 2025
    Days on Market:
    268
    Last Refresh:
    Apr 5 at 8:59 pm

    Property Features for 1012 S Western Avenue

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1881

    We can help!

    Listing Contact
    MICHAEL RAMSTEDT
    MICHAEL RAMSTEDT

    Listing agent MICHAEL RAMSTEDT License #471016470

    Listing office ART OF REAL ESTATE LLC

    Listing date Aug 4, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ART OF REAL ESTATE LLC


    Overview

    High-Exposure Mixed-Use Property For Sale

    This mixed-use property, available for sale for the first time in 47 years, features a double storefront, four residential units, and two oversized two-car garages with high ceilings. It is located at a high-exposure T-intersection in the UIC West Campus "Tri-Taylor" neighborhood, with Roosevelt Road to the south and I-290 to the north. The Illinois Medical District and Rush, UIC, Cook County, and West Side VA hospitals are within walking distance to the east. The storefronts and one of the residential units have been recently remodeled. The remaining three residential units are occupied by long-term tenants with below-market rents. The property includes a standing-height double basement suitable for storage or other uses. The gross income reflects assumed market rent for the storefronts, which are currently vacant for an owner/operator but can be rented out for a straight investor. The gross income of $8500/month is approximately $1500+ under market rent, and the building could potentially generate $10,000+/month in rents. The property is in a rapidly developing neighborhood with new construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BoeufHaus Restaurant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6873
    Latitude
    41.8998

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefronts, residential units, and garages.
    Where is this mixed-use property located?
    The property is located at 1012 S Western Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: High‑exposure double storefront with 4 residential units and two 2‑car garages in the rapidly developing Tri‑Taylor neighborhood near UIC West Campus.; Potential for high rental income: Currently generating $8,500/month, with potential to exceed $10,000/month at market rents.; Prime location: Walking distance to the Illinois Medical District and major hospitals, with easy access to Roosevelt Rd and I‑290.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message