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4940 W North Avenue Chicago, IL 60639

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For Sale
$449,000

Mixed-use building in Chicago's Austin neighborhood with high visibility.

Type:Business for Sale, Industrial, Office, Special Purpose, Retail, Mixed Use
Added:
Mar 13, 2026
Days on Market:
20
Last Refresh:
Mar 19 at 11:27 pm

Property Features for 4940 W North Avenue

General Information

Standard status
Active
Property subtype
Business for Sale, Industrial, Office, Special Purpose, Retail, Mixed Use

Building Details

Year Built
1935

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Listing Contact
Mark Ahmad
Mark Ahmad

Listing agent Mark Ahmad License #IL 471007186

Listing office CENTURY 21 Circle

Listing date Mar 13, 2026

Source Crexi

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 CENTURY 21 Circle


Overview

Mixed-Use Building in Austin Neighborhood

Located in the Austin neighborhood, one of Chicago's largest residential communities, this mixed-use building is situated just west of the major intersection of Cicero Avenue and North Avenue. The property benefits from traffic lights, providing tremendous visibility and exposure. It features two overhead garage doors and is surrounded by various retailers, offering multiple uses. The C2-1 zoning allows for a wide range of business types, including liquor stores, warehouses, auto shops, and apartments above the ground floor. The location provides convenient access to public transportation and major roads, including interstates I-90 and I-94, and is within a short distance of O'Hare International Airport. The Austin neighborhood offers a variety of local amenities and commercial corridors, welcoming new businesses and services.
Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.750498
Latitude
41.909875

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in Chicago's Austin neighborhood with high visibility.
Where is this mixed-use property located?
The property is located at 4940 W North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: High‑visibility location near the Cicero Ave. and North Ave. intersection; C2‑1 zoning allows for a wide range of business types, including liquor stores, warehouses, auto shops, and apartments; Proximity to public transportation and major roadways (I‑90/I‑94)
More about this property
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