Premier West Town Corner Building

1859 W Chicago Ave, Chicago, IL 60622

  • For Sale $2,849,000
  • Property Type Multi-Family
  • Property Size 9,267 SF
  • Units 7
  • Lot Size 0.07 Acre
  • Additional Rent Contact for pricing
  • Year Built 1890
  • Year Renovated 2020
  • Date Updated Nov 26, 2024
The West Town area of Chicago is bordered by Wicker Park, East Village, Noble Square and Ukrainian Village. Originally occupied by Ukrainian immigrants in the early 1900s this neighborhood has long been a stable community and has flourished in recent years. Tree-lined streets; strong housing stock and its proximity to Chicago’s downtown have made this neighborhood a favorite choice to Chicago’s residents. Online real estate website Redfin.com even named Ukrainian village the hottest neighborhood in the nation in 2016. The West Town Retail Corridor located on Chicago Avenue is the main retail corridor in the neighborhood. Many retail stores restaurants and service retail businesses operate on Chicago Avenue which contributes to the neighborhoods desirability and charm. Chicago Avenue is proving itself to be a dining destination with one restaurant Vajra added to the 2021 Michelin Bib Gourmand list and newcomer Porto receiving one Michelin Star.1859 W Chicago Ave is a ±9,267 SF mixed-use building located on the corner of Chicago and Wolcott Avenues in the heart of Chicago’s Ukrainian Village neighborhood. The property is fully occupied by seven (7) tenants; Ukranian Village Veterinary Center on the first floor, and six (6) residential units on the second through fourth floors. All units were fully rehabbed in 2020. This signalized corner location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo’s Bar. The property is also just 2 blocks from the neighborhood grocery store, Mariano’s. This stabilized property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.
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Highlights

  • Excellent West Town signalized corner location
  • Stabilized asset with a strong tenant mix and room for rent growth
  • Highly desirable brick building
  • Fully rehabbed armchair investment
  • Located within the Chicago Avenue T.O.D boundaries
  • Highly stable retail tenant (Veterinarian Office) with long- term lease
  • This property is owned by an Illinois Real estate broker

Contacts

broker
Drew Dillon

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    68/100 Good Transit

  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood West Town
  • Zip Code 60622
  • Market Chicago

Points of Interest

  • Uber Tent

    0.97 miles

  • Morgan

    1.37 miles

  • Grand

    1.40 miles

  • Kedzie

    1.82 miles

  • UIC-Halsted (Morgan Street)

    1.82 miles

  • Clinton

    1.84 miles

  • UIC-Halsted (Peoria Street)

    1.89 miles

  • UIC-Halsted (Halsted Street)

    1.98 miles

  • Chicago

    1.99 miles

  • Merchandise Mart

    2.14 miles

  • Shell

    0.28 miles

  • Citgo

    0.52 miles

  • BP

    0.71 miles

  • Marathon

    0.88 miles

  • Electrify America

    1.57 miles

  • Tesla Supercharger

    1.66 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.71 miles

  • Volta

    1.77 miles

  • Blink

    1.79 miles

  • eVgo

    2.12 miles

  • 1628 W Division

    0.64 miles

  • Division Crash Investigation Site

    0.83 miles

  • A

    0.91 miles

  • Bus Parking

    0.92 miles

  • Club/Premium

    0.96 miles

  • C Suites

    0.97 miles

  • Uber (Lot E)

    0.99 miles

  • G

    1.03 miles

  • H

    1.05 miles

  • Alexandra's place

    0.50 miles

  • Holiday Jones

    0.53 miles

  • IHSP Chicago Hostel

    1.08 miles

  • Hyatt Place Chicago / Wicker Park

    1.08 miles

  • Urban Holiday Lofts

    1.17 miles

  • Hotel Chicago West Loop

    1.28 miles

  • Hyatt House

    1.31 miles

  • Hoxton Hotel

    1.47 miles

  • Nobu Hotel

    1.49 miles

  • Hyatt Place Chicago - Medical / University District

    1.51 miles

  • Arami

    0.06 miles

  • West Town Bakery & Diner

    0.06 miles

  • Alba’s Restaurant

    0.06 miles

  • Roots Handmade Pizza

    0.07 miles

  • Soule to Soule

    0.07 miles

  • Homestead on the Roof

    0.07 miles

  • Doña Naty's Tacos

    0.08 miles

  • Cleos

    0.08 miles

  • Taco Pros

    0.13 miles

  • Naty's Pizza

    0.13 miles

  • Lake Shore Seventh Day Adventist School

    0.09 miles

  • Talcott Elementary School

    0.21 miles

  • Wells Community Academy High School

    0.38 miles

  • Esperanza Elementary School

    0.42 miles

  • Українська Католицька Школа Святого Миколая;Saint Nicholas Cathedral School

    0.42 miles

  • Ruth Bader Ginsburg Elementary School

    0.44 miles

  • LaSalle II Magnet School

    0.47 miles

  • Mitchell Elementary School

    0.53 miles

  • Otis Elementary School

    0.58 miles

  • Saint Helen's School

    0.62 miles

  • Kid City

    0.35 miles

  • John & Mary Madden Center

    0.41 miles

  • Guidepost Montessori

    0.95 miles

  • Adams Street Child Care Center

    1.20 miles

  • Cortland Preschool

    1.68 miles

  • Bubbles Academy

    1.74 miles

  • Sonnets Academy

    1.77 miles

  • Kids & Company

    1.79 miles

  • The Goddard School

    1.84 miles

  • LadyBug and Friends Daycare & Preschool

    1.91 miles

Frequently Asked Questions

How much does Premier West Town Corner Building cost?

The space currently listed for sale at Premier West Town Corner Building asks for $2,849,000.

What is the total square footage of Premier West Town Corner Building?

Premier West Town Corner Building totals 9,267 square feet.

When was this property built?

Premier West Town Corner Building was built in 1890.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Drew Dillon

SVN | Chicago Commercial