Search
Mixed-Use Building on Western Avenue
For Sale
$495,000
Pending

6420 N Western Avenue, Chicago, IL 60645

Commercial/residential building in high-traffic area, ideal for investors.

Property SizeContact for details
Days on Market122

Property Features for 6420 N Western Avenue

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,136

Amenities

Central air
Central Individual Cooling
Window Unit(s) Cooling

Building Details

Year Built 1933
Listing Agency: BAIRD & WARNER
Listed By: CYNTHIA HOROWITZ
Source: Corcoran
Added: Apr 14 Changed: Aug 8 Last Checked: Jul 23 at 7:52AM

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

Investment Insights

Based on property information with market context.

This mixed-use building presents an opportunity for ownership in a neighborhood characterized by diverse shopping and dining options, along with significant foot and vehicle traffic. The property features a commercial space on the first floor and two residential units above. The commercial space was previously operated as a popular bar for over 40 years, but has been closed for the past few years. The C2-2 zoning allows for various concepts for the space, including a restaurant or retail establishment. Please note that the bar license is not transferable and must be acquired separately by the new owners if that is the intended use.

Key Highlights

  • High‑traffic commercial/residential building ideal for investors seeking income and business space.
  • C2‑2 zoning allows for diverse business concepts like restaurant or retail.
  • Two residential units provide additional income potential.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Skin Care Clinic Real Estate Agency Law Firm Cafe & Coffee Shop Hotel & Motel (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

2,400
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 23% Groceries 14% Electronics 5%
Dollar Tree Shops & Services
15,885 visits/mo 0.5 miles
Patel Brothers Groceries
13,860 visits/mo 0.2 miles
Wendy's Dining
13,174 visits/mo 0.2 miles
Mobil Shops & Services
13,169 visits/mo 0.4 miles
Petco Shops & Services
9,043 visits/mo 0.3 miles

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 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 - Commercial/residential building in high-traffic area, ideal for investors.
Where is this mixed-use property located?
The property is located at 6420 N Western Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High‑traffic commercial/residential building ideal for investors seeking income and business space.; C2‑2 zoning allows for diverse business concepts like restaurant or retail.; Two residential units provide additional income potential.
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