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.
Property Details
Price:
$1,299,000
MLS #:
MRD12612659
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorthcenter
Listed Date:
Apr 9, 2026
Total Sq Ft:
4,225
Year Built:
1923
Schools
Interior
Cooling
Central Air, Window Unit(s)
Fireplaces Total
1
Exterior
Roof
Composition
Stories
3
Financial
Tax Year
2024
Taxes
$8,603
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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4054 N Western Avenue
Chicago, IL



