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31643694
31643696

4054 N WESTERN AVE, CHICAGO, IL 60618-3739

ZD
IL 887221
Westward 360
Listed by Westward 360
$1,299,000
72 days on market
Updated 7 days ago

4054 N Western Avenue

Details
APN 13134180350000
Property Type Retail, Multifamily (+1)
Square Footage 4,100
Units 4
Occupancy 100%
Tenancy Multi
Lease Type Gross
Year Built 1891
Stories 2
Lot Size (SqFt) 3,564
Zoning B3
Investment Type Stabilized
Ground Lease No

$10,152/month rent roll | 6 Units | 100% Leased

Marketing description

Turnkey property that's a 6-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (4) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue's restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago's most desirable neighborhoods. (Will updated with cafe photos)

Investment highlights

Gross Monthly Rent Income: $10,152

Gross Yearly Rent Income: $121,824

Roof/Siding/House Wrap/Installation: 2018

All three HVAC units replaced end of 2025

Two new water heaters added end of 2025 and the third is 2024

Three new air compressor units just added this year (2026)

Listing Contacts

ZD
IL 887221
Westward 360
Listed by Westward 360

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Zoning

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B3-3 CommercialRetail CommercialCommunity Shopping District
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View all 134 uses
View all 134 uses
Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Zach Daniels
License
887221
Brokerage
Westward360 RE
Brokerage Phone
2629099191
Title
Investment Broker
Brokerage Address
1464 West Webster Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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