4044-4046 W NORTH AVENUE | CHICAGO, IL, CHICAGO, IL 60639

THE ASSET: The Property is vacant and is improved by a 4,500 square foot two-story building with 3,125 square foot (0.07-acre) parcel of land. The location offers 25 feet of frontage along W North Avenue. The first floor contains a 2,600 square foot commercial suite and the second floor contains a 1,900 square foot residential unit (currently occupied by the owner but will be delivered vacant). The Property also has two (2) uncovered parking spaces.

REPOSITIONING & VALUE ADD OPPORTUNITY: 4044-4046 W North Avenue is in an attractive location with a strong consumer base. The Property is ideal for an owner-user, or as a repositioning opportunity, taking advantage of the well-trafficked location. Additionally, the B1-2 Neighborhood Shopping District, which is designed to support small-scale retail, cafes, offices, and service businesses on ground floor, with residential apartments allowed on the upper floors allows for a variety of permitted uses providing for a wider range of tenants. Please contact the agent for more details.

TRANSIT ORIENTED LOCATION: The Property is located along the CTA Bus Line with stops for Routes 72 & 53 seconds from the Property along W North Avenue.

The Property is convenient to several “L” stations on the CTA Green line (Pulaski & Cicero) and CTA Blue Line (Western). Additionally, the Property is convenient to the Grand/Cicero Metra Station on the MD-W line.

The Property is positioned along W North Avenue, a primary east-west corridor and is close to N Cicero Avenue (IL Route 50) and is within 3 miles of Interstates 90 and 290.

HIGH-DEMAND URBAN LOCATION: 4044-4046 W North Avenue is in the heart of Humboldt Park, a neighborhood 5-miles west of downtown Chicago. The Property is centrally located along W North Avenue, just 1/10th of a mile from the N Pulaski Road intersection and 1-mile from the busy intersection of W North Avenue and N Cicero Avenue. The property is 1-mile from Humboldt Park, a 197 acre park with lagoons, a boathouse, athletic fields and meeting rooms/gymnasiums.

The immediate area has a mix of both strong local and national tenants such as Walmart Supercenter, Safeway, ALDI, Menards, Walgreens, McDonald’s, Wendy’s, Taco Bell, Church’s, Planet Fitness, Ross Department Store, etc.

The property enjoys close proximity to the Bloomingdale Trail, also known as “The 606” to the east of the property and offers an easy commute to Chicago’s Central Business District.

UPGRADED, WELL MAINTAINED APARTMENT: The property has been well maintained and managed with no deferred maintenance. The residential unit features hardwood floors throughout and the kitchen has granite countertops, newer cabinets and a stainless-steel refrigerator. The bathrooms have upgraded vanities, a jacuzzi tub, and tiled shower stalls; both the kitchen and bathrooms feature high end tile. There is also an in-unit washer and dryer. There is no deferred maintenance and there are no improvements needed to maximize the apartment rents. The residential unit is currently occupied by the owner and will be delivered vacant.

DEMOGRAPHICS & TRAFFIC COUNTS: More than 60,100 people live within 1-mile of the Property with an average household income of $89,565. More than 742,300 people live within 3-miles of the Property with an average household income of $119,815. On average more than 25,400 vehicles pass the property each day along W North Avenue.