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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$1,270,000 For Sale

2237 N Western Avenue
Chicago, IL 60647

2 units |

Commercial: Mixed Use - MLS# 12565891
Property Photo
1/30

Description

Exceptional mixeduse investment opportunity in one of Chicago's most desirable neighborhoods. This twostory masonry building features a fully builtout restaurant space on the ground floor and a renovated 4bedroom residential unit above. Seller financing available for qualified buyers. Commercial Space (Ground Floor) Turnkey restaurant buildout with two combined storefronts and a functional layout ideal for a wide range of food and beverage concepts. * Full commercial kitchen with 15ft hood, full line equipment, and 128 walkin cooler * Dining area with seating for approximately 40 guests * Bar area and service counter * Basement storage for dry goods and equipment * Active entity holds incidental liquor license and retail food license (licenses may be transferable) * Current restaurant operation is not included in the sale; buyer may bring their own concept or lease the space Residential Unit (Second Floor) A spacious, updated apartment offering strong rental income potential. * 4 bedrooms, 1 bathroom, approx. 1,100 sq ft * Newly renovated kitchen with granite countertops and stainless steel appliances * Refinished hardwood floors throughout * Close to Holstein Park, public transportation, shopping, and neighborhood amenities This property is ideal for owneroperators, investors, or buyers seeking a mixeduse asset in a highdemand location.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60647
  • Year Built: 1906
  • Stories: 2
  • Units: 2 units
  • Zoning: COMMR
  • # Of Apts: 1
  • # Of Offices: 1
  • # Of Stores: 2
  • Approximate Age: New Rehab
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: take western heading north to property on the corner with Lyndale 2232 north
  • Electric: 440 Volts
  • Electric Expense: 1
  • Fire Protection: Smoke or Fire Protectors, Sprinklers-Wet
  • Foundation Details: Concrete Perimeter
  • Fuel Expense: 1
  • Geographic Locale: Chicago North
  • Gross Income: 2000
  • Gross Rent Multiplier: 60.4
  • Gross Scheduled Income: 24000
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Information: 24-Hr Notice Required, No Sign on Property
  • Insurance Expense: 1
  • Lot Size Square Feet: 1992
  • Main Type: Commercial Sale
  • Misc Inside: Basement
  • Original Rental Price: 3.6
  • Other Expense: 1
  • Ownership Type: Corporation
  • Property Sub Type: Mixed Use
  • Rental Price: 3.6
  • Tax Annual Amount: 10012
  • Tax Year: 2023
  • Total Monthly Income: 2000
  • Trash Expense: 1
  • Virtual Tour Date: 2026-02-12T14:07:51
  • Water Sewer Expense: 1
Courtesy of The Agency
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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