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Property profile & analytics

10338 Western Ave Chicago, IL 60643-2411

  • Retail space
  • 10,300 SF
  • 0.07 lot acres
OFF-MARKET
Last Sale
Jul 01, 2025
$600,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1988953
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ancestry Moon Art Studio / Art Studio / Painting Lessons

Property Details for 10338 Western Ave

Year built
1956
Lot size
0.07 lot acres
Property size
10,300 SF
Property type
Retail space
Property subtype
Storefront properties
APN
24-13-208-031
APU
2413208031

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.682
Latitude
41.705
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,852
$11,132
$23,768
$34,900
-
$44,528
$95,072
$139,600
More about this property
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