Search
New Construction Mixed-Use Building
For Sale
Contact for pricing

1343 North Western Avenue, Chicago, IL 60622

Four-unit building combines luxury apartments with adaptable commercial space and separately metered utilities.

Property SizeContact for details
Days on Market144

Property Features for 1343 North Western Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Amenities

private rear terraces
parking
washer/dryer in unit

Building Details

Buildings 1
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:18AM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This newly constructed mixed-use property contains four (4) units: three luxury rental apartments and one commercial area designed for retail or office occupancy. The residences feature three bedrooms and two baths, private rear terraces, floor-to-ceiling windows, professional kitchens, quartz countertops, wood-grained flooring, spa-style primary suites, in-unit laundry, window treatments, outfitted closets, and parking. Gas-forced heat and central air conditioning are separately metered, with tenants responsible for their individual utility use. The commercial portion is planned for vanilla-box delivery, allowing the purchaser to direct the final buildout. The rooftop is structurally prepared for future decking, although the decking itself is not included.

Located at 1343 North Western Avenue in Chicago’s Wicker Park, the property is within walking distance of the neighborhood’s dining, retail, and entertainment corridor. The L is also walkable, with expressway access nearby. A proforma CAP rate of 6.4% is provided, and a one-year HWA warranty is included with the sale.

Key Highlights

  • Four (4) units: three luxury rental apartments plus commercial space
  • Three‑bedroom, two‑bath residences with private rear terraces
  • Floor‑to‑ceiling windows, professional kitchens, quartz countertops, and wood‑grained flooring

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Fish Market Butcher Home Appliance Store

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

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,639
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit building combines luxury apartments with adaptable commercial space and separately metered utilities.
Where is this mixed-use property located?
The property is located at 1343 North Western Avenue Chicago, IL.
What are key features of this property?
This property features: Four (4) units: three luxury rental apartments plus commercial space; Three‑bedroom, two‑bath residences with private rear terraces; Floor‑to‑ceiling windows, professional kitchens, quartz countertops, and wood‑grained flooring
(773) 645-7900 Call to check price and availability
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