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1538 N Western Avenue
Chicago IL 60622 US

$995,000

Active Listing ID 12434548
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Mixed Use

$995,000

Active Listing ID 12434548
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1538 N Western Avenue Turnkey, mixed-use winner in prime Bucktown-ideal for an investor or a live-in owner who wants income from day one. Street-level retail is leased to long-term Mega Locksmith (with finished basement space incl. bathroom, laundry & sump); Mega would like to sign a 10 year lease, talk about a great anchor tenant; two 2BR/1BA apartments above are well-kept and leased (~2 yrs & ~5 yrs). Major building updates: electric, plumbing & HVAC ~3 yrs, office interior refreshed ~3 yrs, windows ~5 yrs, roof ~10 yrs. On-site alarm (operated by retail). Low operating expenses and stable tenancy = immediate, durable cash flow. Unbeatable location near The 606/Bloomingdale Trail, Damen/Milwaukee/North shops, and the Damen Blue Line-perfect for renters and future appreciation. Walk to neighborhood favorites like Le Bouchon, Small Cheval, Piece Brewery, The Map Room, Ipsento, and The Robey rooftop; minutes to galleries, boutiques, and the Bucktown/Wicker Park festival scene. Surrounded by ongoing residential rehabs and retail refreshes along the corridor. Live in one unit and let the other units (plus the retail) help take care of the mortgage-or hold as a low-touch, cash-flowing asset in a high-demand rental pocket.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 995000
  • unparsedaddress: 1538 N Western Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60622
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3270
  • livingareaunits: Square Feet
  • listagentfullname: Zach Shepard
  • listagentemail: zach@braddockinv.com
  • listagentkey: 3yd-MREDIL-176710
  • listagentmlsid: 176710
  • listagentpreferredphone: 3128527802
  • listagentofficephone: 8885749405
  • listofficekey: 3yd-MREDIL-87488
  • listagentstatelicense: 475153574
  • listofficemlsid: 87488
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1911
  • listingcontractdate: 2025-08-07
  • listagenturl: https://il.exprealty.com/
  • countyorparish: Cook
  • parcelnumber: 16012070280000
  • cooling: Central Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zach@braddockinv.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://il.exprealty.com/", "ListOfficeAddress1":"939 W. North Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"il.broker@expreatly.net", "ListOfficePostalCode":"60642", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12434548/?channel=rexren", "MLSModificationTimestamp":"2025-09-25T22:11:02Z", "Neighborhoods":[{"Description":null, "Name":"CHI - West Town"}], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9506, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/26/2025 4:05:33 AM GMT
Source Updated Date: 12/8/2025 6:53:59 PM GMT

Courtesy of: Zach Shepard, eXp Realty, zach@braddockinv.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.