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Corner Mixed-Use Building
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4301 N Western Ave, Chicago, IL 60618

Corner mixed-use building with a fully equipped licensed bar/restaurant on the lower levels and four residential units above.

Property Size8,700 SF
Lot Size0.10 Acres
Days on Market124

Property Features for 4301 N Western Ave

General Information

Standard status Active
Size 8,700 SF
Lot size 0.10 Acres
Property subtype Mixed Use, Multifamily, Retail
Zoning B3

Additional Details

Business Included Yes
Road Access Yes
Liquor License Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: SVN | Chicago Commercial
Listed By: Marcus Sullivan · License #IL 475139568
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 10:48PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This corner mixed-use building is approximately 8,700 SF and sits on a 4,197 SF lot with 40' of frontage along Western Avenue. The ground floor and lower level are fully improved and equipped for bar/restaurant use and hold valid tavern and retail food licenses. The top two floors include four residential units: two 3-bedroom/1-bath units and two 2-bedroom/1-bath units, with one unit owner-occupied.

Located at the corner of Western and Cullom in Chicago’s Lincoln Square neighborhood, the property benefits from B3 zoning, which allows for many commercial uses.

In addition to the commercial improvements and maintained licensing, the building’s configuration combines active street-level space with income-producing residential units in an established mixed-use setting.

Key Highlights

  • Corner mixed‑use building in Chicago’s Lincoln Square: approx. 8,700 SF on a 4,197 SF lot
  • Lower levels are fully improved and equipped for a bar/restaurant with valid tavern and retail food licenses
  • 40' of frontage along Western Avenue

Property Analytics

Current Use

Maddison Systems Auto Parts Store

Suggested Use

Top Pick Food Market Grocery & Convenience Store Home Appliance Store Fish Market Supermarket Nursing Home

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

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

3,622
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Pete's Place 2825 W Irving Park Rd, Chicago, IL 60618
  • Grace & Leavitt 2157 W Grace St, Chicago, IL 60618
  • Xippo 3759 N Damen Ave, Chicago, IL 60618
  • Martyrs' 3855 N Lincoln Ave, Chicago, IL 60613
  • Goldie's Pub 3839 N Lincoln Ave, Chicago, IL 60613

Frequently Asked Questions

What type of property is this?
Bar & Pub - Corner mixed-use building with a fully equipped licensed bar/restaurant on the lower levels and four residential units above.
Where is this bar & pub located?
The property is located at 4301 N Western Ave Chicago, IL.
What are key features of this property?
This property features: Corner mixed‑use building in Chicago’s Lincoln Square: approx. 8,700 SF on a 4,197 SF lot; Lower levels are fully improved and equipped for a bar/restaurant with valid tavern and retail food licenses; 40' of frontage along Western Avenue
(312) 756-7357 Call to check price and availability
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