About 4841 North Western Avenue
The subject property is located at 4841-4851 North Western Ave., Chicago, IL 60625 (the "Property"). This is an urban mixed-use (retail/residential) building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a vacant two-story building, 16,135 SF GLA (above grade), plus 8,000 SF basement of which 6,848 SF is finished and utilized as additional showroom space, and 13,348 SF or (0.31 AC) rectangular-shaped site. Preliminary plans for a 5-story mixed-use containing both retail and residential units available on request. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
