10338 Western Ave Chicago, IL 60643-2411
Property summary
This exceptional commercial property, located at 10338 S Western Avenue in Chicago, IL, 60643, presents a compelling investment opportunity. Priced at $820,000, this property encompasses a substantial 12,518 square foot lot and features a two-story commercial building. While the building's total square footage is listed as 13,200 square feet and contains 9 units, it's important to note that the listing specifies 0 units. This discrepancy should be clarified during due diligence. The building is currently 100% occupied, offering immediate cash flow potential. The property's layout is well-designed, with first-floor units enjoying street-level access and second-floor units accessed via an enclosed entry. Ample parking is available, with a paved lot accommodating 12 or more vehicles, plus a single-car garage at the rear. A convenient side drive provides access to the parking area. Building maintenance is facilitated by a boiler room located at the rear. The property's prime location offers excellent visibility and proximity to numerous amenities, including Bueno Beef, Pizza Hut, Franconello's, and the Evergreen Plaza Mall, all within a mile radius. This property is situated on four lots and has four pins. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving Chicago neighborhood. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Painting Lessons Art Studio
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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