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Mixed-Use Building with Coach House
For Sale
$750,000

3243 N Western Ave, Chicago, IL 60618

Three-unit property combines a neighborhood commercial space with two residential apartments and shared basement laundry.

Property SizeContact for details
Days on Market20

Property Features for 3243 N Western Ave

General Information

Standard status Active
Zoning C1-2

Units

Unit Mix 1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units 2

Additional Details

Liquor License No

Amenities

shared laundry
skylights

Building Details

Year Built 1920
Buildings 2
Tenancy Multi
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Beth Gomez · License #475109414
Source: Liveliferealty
Added: Aug 25 Changed: Sep 10 Last Checked: Sep 12 at 2:50PM

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 Jameson Sotheby's Intl Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes a street-level saloon/storefront connected to an unfinished basement, plus a second-story two-bedroom, one-bath apartment. The commercial area does not currently include a kitchen, although the space could accommodate one. Shared basement laundry serves the bar and apartment. A detached two-bedroom, two-bath coach house adds a separate residential component, with an open main level, office nook, vaulted ceilings, skylights, closets, storage, laundry, and mechanical space in the unfinished basement.

The property occupies a 24x100 lot at 3243 N Western Avenue in Chicago’s Roscoe Village. The coach house lease runs through 7/31/27, while the second-story apartment has a 60-day kick-out clause. The existing 4am liquor license is nontransferable; the alderman’s office supports a 2am license at this location. Built in 1920, the property also has signage on the side of the building and no on-site parking.

Key Highlights

  • Three‑unit mixed‑use property with commercial space, a second‑story apartment, and detached coach house
  • Detached coach house includes 2 bedrooms, 2 baths, vaulted ceilings, skylights, office nook, storage, and laundry
  • Street‑level commercial space connects to an unfinished basement and shared laundry

Property Analytics

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Current Use

Under Bar Bar & Pub

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Restaurant Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,213
Businesses Nearby
140k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 74% Dining 14% Shops & Services 12%
Mariano's Groceries
56,899 visits/mo 0.1 miles
Jewel-Osco Groceries
46,171 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
14,587 visits/mo 0.0 miles
Petco Shops & Services
8,690 visits/mo 0.1 miles
Circle K Shops & Services
7,615 visits/mo 0.5 miles

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit property combines a neighborhood commercial space with two residential apartments and shared basement laundry.
Where is this mixed-use property located?
The property is located at 3243 N Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑unit mixed‑use property with commercial space, a second‑story apartment, and detached coach house; Detached coach house includes 2 bedrooms, 2 baths, vaulted ceilings, skylights, office nook, storage, and laundry; Street‑level commercial space connects to an unfinished basement and shared laundry
More about this property
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