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1859 W Chicago Avenue

Chicago, IL 60622
  • $2,799,000
  • STATUS: Active
  • ON SITE: 275 Days
  • MLS #: 12036342
Price Reduced
UPDATED: 151 min ago
$2,799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1888
County:
Area:

School Ratings & Info

Description

1859 W Chicago Ave is a 9,267 SF mixed-use building located on the corner of Chicago and Wolcott Avenues in the heart of Chicago's Ukrainian Village neighborhood. The property is fully occupied by seven (7) tenants; Ukranian Village Veterinary Center on the first floor, and six (6) residential units on the second through fourth floors. All units were fully rehabbed in 2020. This signalized corner location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo's Bar. The property is also just 2 blocks from the neighborhood grocery store, Mariano's. This stabilized property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1859 W Chicago Avenue Chicago, IL 60622

  • Price: $2,799,000
  • Status: Active
  • On Site: 275 Days
  • Updated: 151 min ago
  • MLS #: 12036342
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1888
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
1859 W Chicago Ave is a 9,267 SF mixed-use building located on the corner of Chicago and Wolcott Avenues in the heart of Chicago's Ukrainian Village neighborhood. The property is fully occupied by seven (7) tenants; Ukranian Village Veterinary Center on the first floor, and six (6) residential units on the second through fourth floors. All units were fully rehabbed in 2020. This signalized corner location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo's Bar. The property is also just 2 blocks from the neighborhood grocery store, Mariano's. This stabilized property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.
Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age New Rehab Building Area Total 9267 Built Before1978 YN Yes Gross Income 260442 Gross Scheduled Income 274150 Insurance Expense 3605 Maintenance Expense 5400 Mls Actual Status Active Net Operating Income 195437 Operating Expense 65006 Tax Annual Amount 25346 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 21703 Type Multi Family 5+

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Sperry Van Ness: 312-676-1866.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910