Exceptional investment opportunity in Chicago's sought-after Old Irving Park neighborhood. This professionally managed, approximately 9,500 SF mixed-use commercial Condominium property has been extensively renovated and is fully leased to quality tenants, including The Art of Being, Edible Arrangements, and CEDA WIC, a well-funded nonprofit with lease term remaining. Located on a highly visible signalized corner along Irving Park Road, the property benefits from excellent traffic counts, strong demographics, and recent City streetscape improvements with decorative vintage lighting. Steps from the new Northwestern Medicine facility and offering convenient access to I-90/94, CTA Blue Line, Metra, and downtown Chicago. A stable tenant mix, attractive lease terms, prime location, and strong cash flow combined to deliver an outstanding cap rate and exceptional return on investment. Truly a turnkey asset in one of Chicago's premier commercial corridors.
| MLS # | 12693064 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 66 |
| Listing Provided By | RE/MAX Premier Luxury Collection | Martin Murray |
| SQ Feet | 9,235 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | COMMR |
| Cooling | Central Individual |
|---|
| Roof | Membrane |
|---|---|
| Foundation Details | Brick/Mortar |
| Construction Materials | Brick |
| Electric | Circuit Breakers |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 42130 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Irving Park |
| Listing VS Median (in 60641) | |
Price: $1,800,000 low | high Med: $425,000 sqft: 9,235 low | high Med: 2,133 $ / sqft: $195 low | high Med: $210 On site: 66 low | high Med: 167.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Irving Park |
| Listing VS Median (in 60641) | |
Price: $1,800,000 low | high Med: $425,000 sqft: 9,235 low | high Med: 2,133 $ / sqft: $195 low | high Med: $210 On site: 66 low | high Med: 167.5 | |