MLS #MRD12693064 image #0
Exceptional investment opportunity in Chicago’s sought-after Old Irving Park neighborhood. This professionally managed, approximately 9,500 SF mixed-use commercial Condominium property has been extensively renovated and is fully leased to quality tenants, including The Art of Being, Edible Arrangements, and CEDA WIC, a well-funded nonprofit with lease term remaining. Located on a highly visible signalized corner along Irving Park Road, the property benefits from excellent traffic counts, strong demographics, and recent City streetscape improvements with decorative vintage lighting. Steps from the new Northwestern Medicine facility and offering convenient access to I-90/94, CTA Blue Line, Metra, and downtown Chicago. A stable tenant mix, attractive lease terms, prime location, and strong cash flow combined to deliver an outstanding cap rate and exceptional return on investment. Truly a turnkey asset in one of Chicago’s premier commercial corridors.

Property Details

Price:
$1,800,000
MLS #:
MRD12693064
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiirvingpark
Listed Date:
Jun 29, 2026
Total Sq Ft:
9,235
Year Built:
1950
Chi – Irving ParkChiirvingpark

Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$146,212
Tax Year
2025
Taxes
$42,130

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