Chicago, IL 60622,1016 N WESTERN Avenue
Chicago, IL 60622,1016 N WESTERN Avenue
Chicago, IL 60622,1016 N WESTERN Avenue
37
$625,000
$675,000
7.4%
Est.Price: ?

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1016 N WESTERN Avenue Chicago, IL 60622

Est. payment /mo
SOLD DATE : 09/05/2024

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Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11902360

Sold Date 09/05/24

Year Built 1906

Annual Tax Amount $9,936

Tax Year 2021

Lot Dimensions 24 X 110

Property Description

Opportunity calls with this mixed-use brick building located in the heart of Ukrainian Village on a vibrant stretch of Western Ave. Striking blond brick exterior exterior with large windows that showcases the art gallery that has been the long-time occupant. The commercial gallery space is spacious and well-lit featuring high ceilings, track lighting, and excellent wall space that serves as the perfect backdrop for showcasing artwork. Above the storefront you'll find an owner's unit, stylish three-bedroom, one-bathroom apartment renovated with a contemporary aesthetic, featuring formal living and dining room, fully renovated kitchen and stylish shared bath. Large windows flood the apartment with natural light, high-end finishes hardwood floors, quartz countertops, and stainless steel appliances add a touch of luxury. There is an two bed one bath coachouse unit that has long been used as a visiting artist space with a bonus unfinished loft space that could be monetized. This versatile space can be customized to suit various uses, such as a creative studio, a co-working space or the 2/1 apartment can be duplexed providing endless possibilities for generating revenue. The coach house is situated over an oversized two car garage.

Location

State IL

County Cook

Zoning OTHER

Interior

Cooling Window Unit(s)

Flooring Carpet, Wood

Fireplace N

Exterior

View Y/N true

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Listed by Karen Biazar • North Clybourn Group, Inc.
Bought with Karen Biazar • North Clybourn Group, Inc.

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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