Mixed-Use Commercial
For Sale
Contact for pricing
Pending
1058 W Chicago Ave, Chicago, IL 60642
Renovated upstairs apartments and active restaurant and gelato shop with 12 parking spaces behind the building.
Property Size5,500 SF
Days on Market149
Property Features for 1058 W Chicago Ave
General Information
Standard status
Pending
Size
5,500 SF
Total Parking Spaces
12
Property subtype
Retail, Mixed Use
Additional Details
Multifamily Units
2
Listing Agency:
@properties Rental Division
Listed By:
Angelo Apostolou · License #IL
(847) 875-9866
Source:
Crexi
Added: Apr 11
Changed: Aug 28
Last Checked: Sep 3 at 5:16AM
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 @properties Rental Division
Investment Insights
Based on property information with market context.
This mixed-use commercial building features two nicely renovated apartments upstairs and two commercial spaces on the ground level, including a fully functional restaurant and gelato shop. The apartments are described as 2-bedroom, 1-bath units, each listed at 1,100 square feet, with current rents reported for both units.
The building is positioned directly in front of a Chicago Blue Line stop. There are 12 parking spaces behind the building. The income summary provided includes a restaurant space (2800 square feet plus a full basement) and a second restaurant space (500 square feet).
Per the public remarks, the current reported revenue is $7,400, with water paid by the restaurant for the building. A property-wide insurance expense is also included in the remarks, and one restaurant is expected to vacate.
The building is positioned directly in front of a Chicago Blue Line stop. There are 12 parking spaces behind the building. The income summary provided includes a restaurant space (2800 square feet plus a full basement) and a second restaurant space (500 square feet).
Per the public remarks, the current reported revenue is $7,400, with water paid by the restaurant for the building. A property-wide insurance expense is also included in the remarks, and one restaurant is expected to vacate.
Key Highlights
- Mixed‑use commercial building with fully functional restaurant and gelato shop plus 2 renovated apartments upstairs
- 2 apartments: each 2 bed/1 bath with 1,100 SF—apt 1 $1,900/month; apt 2 $1,500/month
- Restaurant space 1 is 2,800 SF plus full basement at $1,500/month (family restaurant will vacate); tenant pays for building water
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated upstairs apartments and active restaurant and gelato shop with 12 parking spaces behind the building.
Where is this mixed-use property located?
The property is located at 1058 W Chicago Ave Chicago, IL.
What are key features of this property?
This property features: Mixed‑use commercial building with fully functional restaurant and gelato shop plus 2 renovated apartments upstairs; 2 apartments: each 2 bed/1 bath with 1,100 SF—apt 1 $1,900/month; apt 2 $1,500/month; Restaurant space 1 is 2,800 SF plus full basement at $1,500/month (family restaurant will vacate); tenant pays for building water
