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4659 W Washington Boulevard

Chicago, IL 60644
  • $500,000
  • STATUS: Active
  • MLS #: 12491158
UPDATED: 131 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Description

Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: "I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use"-this property fits.

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© 2026 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 MLS GRID as of 2026-03-07T21:05:01.02 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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4659 W Washington Boulevard Chicago, IL 60644

  • Price: $500,000
  • Status: Active
  • On Site: Days
  • Updated: 131 min ago
  • MLS #: 12491158
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: "I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use"-this property fits.
Exterior Features

Frontage Type City Street Lot Size Less Than .25 Acre Outdoor Parking 6-12 Spaces Roof Composition Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Forced AirGasIndividual Furnaces Miscellaneous Inside Common Meeting Room/sOverhead Door/sPrivate Restroom/s

Property Features

Additional Parcels YN No Adjusted Net Income 00000 Adjusted Net Income Year 2024 Annual Rent For Real Estate 00000 Building Area Total 4943 Business Age 4-6 Years Business Type Auto ServiceRestaurant Corporate Limits Chicago Current Use Commercial Gross Profit Year 2024 Gross Sales Annual 00000 Gross Sales Annual Year 2024 Location CornerPublic Transport AvailFree Standing/UrbanIn City LimitsHigh Traffic Area Mls Actual Status Active Operating Expense 0 Ownership Type Family Ownership Types IndividualSole Proprietor Possible Use CommercialIndustrialOfficeRetail Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingEquipmentTrade Fixtures Tax Annual Amount 11800 Tax Year 2023 Type Bus / Bus w/Real Est Type Of Lease None Utilities Electric to SiteNatural Gas AvailableWater Available Water Source Municipal Water Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Baird & Warner: 708-697-5900.



© 2026 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 MLS GRID as of 2026-03-07T21:05:01.02 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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