2132 W Chicago Avenue
Chicago, IL 60622

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Description

Located in the heart of Chicago's vibrant West Town corridor, this income-producing, single-story brick commercial building offers a prime opportunity for both investors and owner-users. Built solidly with approximately 934 square feet of interior space and a 9-foot ceiling height, the property features a new roof installed in 2024, a two-car garage for parking or storage, and a flexible B3-2 zoning designation that accommodates a range of commercial uses. The building is currently leased to Takie Outit (Alpha Dynasty, LLC) through August 2026 (with the tenant paying all utilities). The landlord covers taxes, insurance, and structural responsibilities, providing stable and predictable ownership. Recent operating expenses available upon request. The property is serviced by City of Chicago water, ComEd electric, and Peoples Gas, with no known liens, violations, or environmental issues. Not located in a TIF or Opportunity Zone, this property offers dependable cash flow with long-term upside in one of Chicago's most dynamic neighborhoods.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60622
• Year Built: 1921
• Sq.Ft.: 1,250 sq ft
• Stories: 1
• Units: 1 unit
• Zoning: COMMR
• # Of Drive In Doors: 2
• # Of Tenants: 1
• Building Area Total: 1250
• Cooling: Central Air
• Directions: Located on the north side of Chicago Avenue, just west of Leavitt Street in West Town. Easy access from the Kennedy Expressway, exit at Augusta or Division and head west to Chicago Avenue. Street parking available; two-car garage on site for private access.
• Electric: Circuit Breakers, Service - 101 to 200 Amps
• Extra Storage Spaces Available (Y/N): Yes
• Fire Protection: Alarm On Site, Fire Extinguisher/s
• Gross Income: 30000
• Heat/Ventilation: Gas, Hot Water
• Indoor Parking: 1-5 Spaces
• Information: 24-Hr Notice Required
• Leasable Area: 934
• Leasable Area Units: Square Feet
• Lot Size Square Feet: 1250
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 934
• Property Offered: For Sale Only
• Property Sub Type: Restaurant
• Tax Annual Amount: 13538.9
• Tax Year: 2023
• Total Monthly Income: 2500
• Water Sewer Expense: 1424