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Property profile & analytics

4500 Western Ave Chicago, IL 60609

  • Commercial real estate
  • 18,350 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US28-0087394
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

  • Commercial real estate

Property Details for 4500 Western Ave

Lot size
0.25 lot acres
Property size
18,350 SF
Property type
Commercial real estate
APN
19014200870000

Description

This exceptional 18,350 square foot retail property, located at 4500 S Western Ave in Chicago, IL (zip code 60609), presents a remarkable investment opportunity. Situated on a prominent corner lot (.25-.49 acres) at the southwest intersection of 45th and Western Avenue, this B-3 zoned property boasts unparalleled visibility and accessibility. With over 43,000 vehicles passing daily, this location offers exceptional exposure for a variety of commercial ventures. The property's dimensions measure 133 feet wide on Western Avenue and 138 feet deep. Pre-existing site plans are available for an 8,200 square foot retail space or a 4,880 square foot restaurant/coffee shop/ice cream parlor with a drive-through. The property's strategic location across from a Home Depot and Walgreens, coupled with nearby new developments, ensures high foot and vehicle traffic. This prime location is ideal for multi-unit developments, shopping centers, franchise businesses, mixed-use properties, or gas stations. The asking price is $429,900. Multiple parcel numbers are associated with this property: 19014200870000, 19014200880000, 1901420089000, and 19014420090000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.684961
Latitude
41.8119439
More about this property
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