$649,900

4140 N Western Avenue, Chicago, IL 60618

  • 5 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

4140 N Western Avenue is a well-maintained two-flat with an additional garden unit (buyer to verify legality), offering strong stabilized cash flow and value-add upside in the heart of North Center. The property features a desirable unit mix consisting of a 3 Bed / 2 Bath duplex-up, 2 Bed / 1 Bath, and 1 Bed / 1 Bath lower-level unit. The building benefits from separate utilities, updated mechanical systems, on-site laundry, and a functional layout well-suited for both investors and owner-occupants. All units are currently vacant, providing immediate flexibility to renovate, lease at market rents, or occupy. Located along Western Avenue near Horner Park, public transit, and the Lincoln Square and North Center retail corridors, the property offers exceptional accessibility, long-term rental demand, and neighborhood stability. 4140 N Western presents a compelling opportunity to acquire a flexible, income-producing asset in one of Chicago's most sought-after North Side neighborhoods.

Listing Status:
Active
Data Last Updated:
March 4, 2026 at 7:18AM
Listing Office:
Essex 312, LLC : 773-209-4785
Listing Agent:
Mitir Patel : 773-209-4785
MLS ID:
12575828
  • Rooms: Enclosed PorchUtility Room-Lower Level
  • Basement: Partially FinishedExterior EntryFull
  • Heating: Forced Air
  • Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 2
  • Roofing: Asphalt
  • Windows: Screens
  • General: Brick/Mortar
  • HOA Amenities: CurbsSidewalksStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: COMMR13134130380000
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Mitir Patel , Essex 312, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Coonley Elementary School

4046 N Leavitt St, Chicago, IL, 60618

Grades PK-8

0.27 miles away

C

Coonley Elementary School

4046 N Leavitt St, Chicago, IL, 60618

Grades PK-8

0.27 miles away

A

Amundsen High School

5110 N Damen Ave, Chicago, IL, 60625

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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