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Mixed-Use Building with Two-Car Garage
For Sale
Under Contract
$1,049,000

2016 W Concord Place, Chicago, IL 60647

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.06 Acres
Days on Market73

Property Features for 2016 W Concord Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions Turn left onto Concord from Damen
Subdivision CHI - West Town
Standard status Active Under Contract
APN 14313320350000
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24584

Utilities

Cooling system Central Air

Amenities

attached two-car garage

Building Details

Year built 1994
Floors in Building 2
Number of units 2
Building materials Block
Listing Agency: Compass
Listed By: Elias Masud · License #475163294
Added: Jul 7 Changed: Aug 20 Last Checked: Sep 17 at 5:06AM
MLS# 12656504

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.

Investment Insights

Based on property information with market context.

This mixed-use building at 2016 W Concord Place includes two distinct units. The first-floor commercial space is occupied by a hair salon, while the upper level is a vacant residential apartment with three bedrooms, two bathrooms, high ceilings, and contemporary finishes. The residence also offers room for a fourth bedroom build-out, as described in the property information.

An attached two-car garage provides dedicated on-site parking and storage. The building was constructed in 1994, uses block construction, and has central air conditioning. Zoning is designated MULTI. Its Chicago location places the property in Bucktown, with surrounding boutiques, dining, and residential density noted in the listing information.

Key Highlights

  • Two‑unit mixed‑use building with commercial and residential components
  • First‑floor commercial space occupied by a hair salon
  • Upper residential unit is vacant and includes 3 bedrooms and 2 bathrooms

Property Analytics

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Current Use

appt-only salon Hair Salon

Suggested Use

Top Pick Nursing Home Accounting Firm Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store Fish Market

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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,705
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-unit property combining a street-level salon with an upper-floor residential apartment in Bucktown.
Where is this mixed-use property located?
The property is located at 2016 W Concord Place Chicago, IL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Two‑unit mixed‑use building with commercial and residential components; First‑floor commercial space occupied by a hair salon; Upper residential unit is vacant and includes 3 bedrooms and 2 bathrooms
More about this property
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