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2721 W Peterson Avenue
Chicago IL 60659 US

$999,500

Active Listing ID 12717389
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Lot: 0.07 Acres
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Other

$999,500

Active Listing ID 12717389
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2721 W Peterson Avenue Don't let the exterior fool you! This exceptional mixed-use property was extensively renovated and expanded with a brand-new second floor completed in 2022. The main level features six fully leased office suites, two bathrooms, a party room, and an attached 2.5-car garage, providing immediate income. The second floor offers two condo-quality residential units, including a spacious 3-bedroom, 2-bath unit with an open-concept floor plan, quartz countertops, full-height backsplash, large island, luxurious primary suite with a walk-in shower and double vanity, generously sized bedrooms, and in-unit laundry. The second unit is a beautifully finished 1-bedroom, 1-bath with quartz countertops, in-unit laundry, and the potential to add a rooftop deck over the garage. Additional improvements include new steel front and rear staircases, new plumbing, new electrical, and numerous other updates. All renovations were fully permitted. The commercial spaces are fully leased, while the upper residential units are currently owner occupied, making this an outstanding opportunity for investors or owner-occupants seeking a turnkey, income-producing property. Financials are uploaded

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 999500
  • unparsedaddress: 2721 W Peterson Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60659
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0712
  • lotsizeunits: Acres
  • lotsizearea: 0.0712
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Philip Mistrata
  • listagentemail: phil.mistrata@bairdwarner.com
  • listagentkey: 3yd-MREDIL-135301
  • listagentmlsid: 135301
  • listagentpreferredphone: (312) 265-8000
  • listagentofficephone: 7733830281
  • listofficekey: 3yd-MREDIL-88720
  • listofficemlsid: 88720
  • disclaimer: Copyright © 2026 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: 1971
  • listingcontractdate: 2026-08-03
  • listagenturl: https://www.dreamtown.com
  • countyorparish: Cook
  • parcelnumber: 13014010400000
  • cooling: Central Air
  • constructionmaterials: Brick
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dream Town Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chat@dreamtown.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@dreamtown.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8c9eb0811dae11e08ce200219b994c72/20240918151613420.png", "ListBrokerageName":"Dream Town Realty", "ListBrokeragePhone":"(312) 265-8000", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1950 North Sedgwick", "ListBrokerageWebsiteUrl":"https://www.dreamtown.com", "ListOfficeAddress1":"7280 W Devon Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"88720", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@dreamtown.com", "ListOfficePostalCode":"60631", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12717389/?channel=rexren", "MLSModificationTimestamp":"2026-08-09 05:06:09", "Neighborhoods":[{"Description":null, "Name":"CHI - West Ridge"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7989, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/9/2026 5:07:11 AM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Philip Mistrata, Baird & Warner, phil.mistrata@bairdwarner.com

Copyright © 2026 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.