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Multifamily Property with Duplex-Up

4140 N Western Ave, Chicago, IL 60618

For Sale
Contact for pricing

Separate utilities and on-site laundry serve a vacant three-residence property.

Property SizeContact for details
Days on Market16

Property Features for 4140 N Western Ave

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood North Side
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA duplex-up, 1 x 2BR/1BA, 1 x 1BR/1BA lower-level
Multifamily Units 3
Individually Metered Utilities unspecified utilities

Amenities

on-site laundry

Building Details

Buildings 1
Listing Agency: Baird & Warner
Listed By: Mitir Patel · License IL #475157343
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 10 at 6:54AM

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 Baird & Warner

Rey
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Investment Insights

Based on property information with market context.

This multifamily property has a duplex-up residence with 3 bedrooms and 2 bathrooms, alongside a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom lower-level unit. The lower-level unit’s legality should be verified. Separate utilities, updated mechanical systems, and on-site laundry are among the building’s features. All units are vacant, leaving the next owner to determine occupancy or leasing plans.

The property fronts Western Avenue in Chicago and is near Horner Park, public transit, and retail corridors in Lincoln Square and North Center.

Key Highlights

  • Three residences: 3‑bedroom/2‑bath duplex‑up, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath lower‑level unit
  • All units are vacant
  • Separate utilities and updated mechanical systems

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,985
Businesses Nearby

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

Properties on Market for Multifamily properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Separate utilities and on-site laundry serve a vacant three-residence property.
Where is this multifamily property located?
The property is located at 4140 N Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three residences: 3‑bedroom/2‑bath duplex‑up, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath lower‑level unit; All units are vacant; Separate utilities and updated mechanical systems
(773) 209-4785 Call to check price and availability
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