1016 North WESTERN AvenueChicago, IL 60622Price: $675,000

  • Price: $675,000
  • 63 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1906Year Built

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Opportunity calls with this mixed-use brick building located in the heart of Ukrainian Village on a vibrant stretch of Western Ave. Striking blond brick exterior exterior with large windows that showcases the art gallery that has been the long-time occupant. The commercial gallery space is spacious and well-lit featuring high ceilings, track lighting, and excellent wall space that serves as the perfect backdrop for showcasing artwork. Above the storefront you'll find an owner's unit, stylish three-bedroom, one-bathroom apartment renovated with a contemporary aesthetic, featuring formal living and dining room, fully renovated kitchen and stylish shared bath. Large windows flood the apartment with natural light, high-end finishes hardwood floors, quartz countertops, and stainless steel appliances add a touch of luxury. There is an two bed one bath coachouse unit that has long been used as a visiting artist space with a bonus unfinished loft space that could be monetized. This versatile space can be customized to suit various uses, such as a creative studio, a co-working space or the 2/1 apartment can be duplexed providing endless possibilities for generating revenue. The coach house is situated over an oversized two car garage.

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Listed by Karen Biazar and Staci Slattery of North Clybourn Group,Inc.

Based on information submitted to MRED  as of December 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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