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Lisa Hillman

lisahillman@johngreenerealtor.com +1(630) 276-8455

Listed by Mitir Patelof Essex 312, LLC

$ 699,000

Est. payment -/mo

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4140 N Western Avenue Chicago, IL 60618

6 Beds

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12544385

Bedrooms 6

Year Built 1899

Annual Tax Amount $12,649

Tax Year 2024

Lot Dimensions 25X108

Property Sub-Type Two to Four Units

Property Description

4140 N Western Avenue is a well-maintained two-flat with an additional garden unit (buyer to verify legality), offering strong stabilized cash flow and value-add upside in the heart of North Center. The property features a desirable unit mix consisting of a 3 Bed / 2 Bath duplex-up, 2 Bed / 1 Bath, and 1 Bed / 1 Bath lower-level unit. The building benefits from separate utilities, updated mechanical systems, on-site laundry, and a functional layout well-suited for both investors and owner-occupants. All units are currently vacant, providing immediate flexibility to renovate, lease at market rents, or occupy. Located along Western Avenue near Horner Park, public transit, and the Lincoln Square and North Center retail corridors, the property offers exceptional accessibility, long-term rental demand, and neighborhood stability. 4140 N Western presents a compelling opportunity to acquire a flexible, income-producing asset in one of Chicago's most sought-after North Side neighborhoods.

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning COMMR

Rooms

Basement Partially Finished, Exterior Entry, Full

Interior

Heating Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Coonley Elementary School

Middle Schools Coonley Elementary School

High Schools Amundsen High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 8

8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
5

Waters Elementary School

Public | KG - 8
0

Queen of Angels Elementary School

Private | PK - 8
0

St Benedict Preparatory School

Private | PK - 12
0

St Benedict Elementary School

Private | PK - 12
0

Ravenswood Baptist Christian School

Private | PK - 12
0

North Park Elementary School

Private | PK - 8

High Schools 2

0

Gordon Tech High School

Private | 9 - 12
0

Thresholds High School

Private | 9 - 12

School and business data provided by Attom Data.