100% Leased Mixed-Use
For Sale
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935 W WEBSTER AVE, Chicago, IL 60614
Three-story corner property with street-level retail and newly constructed 4-bed apartment units above.
Property Size14,798 SF
Lot Size0.22 Acres
Price / SF$734.09
Days on Market65
Property Features for 935 W WEBSTER AVE
General Information
Standard status
Active
Size
14,798 SF
Total Parking Spaces
2
Lot size
0.22 Acres
Property subtype
Retail, Multifamily, Mixed Use
Zoning
B1-2
Occupancy
100%
Net Operating Income
$678,942
Additional Details
Multifamily Units
4
Building Details
Year Built
2024
Year Renovated
2024
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Greenstone Partners
(312) 234-0360
Listed By:
Brewster Hague · License #IL 475.165689
Source:
Crexi
Added: Jun 17
Changed: Aug 16
Last Checked: Aug 18 at 5:59AM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
The property is a 14,798 square foot, three-story mixed-use building redeveloped in 2024 and situated on a 1,426 square foot corner parcel. The first floor is dedicated to retail and is currently leased to Sushi Taku Rotary and Foxtrot Market under net leases totaling 7,504 square feet. The second and third floors include four newly constructed apartment units, each configured as a 4 bed/2 bath layout.
The redevelopment sits at the corner of Webster Avenue and Bissell Avenue in Chicago’s Lincoln Park area, with proximity to DePaul University. The retail leases have a weighted average lease term (WALT) of 8.29 years, and the two tenants collectively reimburse over 75% of taxes and operating expenses.
This is a strong fit for buyers seeking a fully leased, urban infill mixed-use asset with both retail income and newly built residential units. The nearby DePaul University population is approximately 24,000 students and more than 4,000 faculty and staff, and the provided 1-mile demographic snapshot includes an average household income exceeding $154,000, a median home value over $733,000, and a total population of 76,499.
The redevelopment sits at the corner of Webster Avenue and Bissell Avenue in Chicago’s Lincoln Park area, with proximity to DePaul University. The retail leases have a weighted average lease term (WALT) of 8.29 years, and the two tenants collectively reimburse over 75% of taxes and operating expenses.
This is a strong fit for buyers seeking a fully leased, urban infill mixed-use asset with both retail income and newly built residential units. The nearby DePaul University population is approximately 24,000 students and more than 4,000 faculty and staff, and the provided 1-mile demographic snapshot includes an average household income exceeding $154,000, a median home value over $733,000, and a total population of 76,499.
Key Highlights
- 2024 redevelopment of 935 W Webster Ave: three‑story mixed‑use corner property with street‑level retail plus apartments above.
- 14,798 SF building on 1,426 SF of land at the corner of Webster Ave and Bissell Ave.
- First‑floor retail totals 7,504 SF leased to Sushi Taku Rotary and Foxtrot Market under net leases.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,986
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Three-story corner property with street-level retail and newly constructed 4-bed apartment units above.
Where is this quadplex located?
The property is located at 935 W WEBSTER AVE Chicago, IL.
What is the asking price?
The asking price for this property is $10,863,000.
What are key features of this property?
This property features: 2024 redevelopment of 935 W Webster Ave: three‑story mixed‑use corner property with street‑level retail plus apartments above.; 14,798 SF building on 1,426 SF of land at the corner of Webster Ave and Bissell Ave.; First‑floor retail totals 7,504 SF leased to Sushi Taku Rotary and Foxtrot Market under net leases.
