$500,000

4659 W Washington Boulevard, Chicago, IL 60644

  • 4,943 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: "I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use"-this property fits.

Listing Status:
Active
Listing Office:
Baird & Warner : 708-697-5900
Listing Agent:
Jeremie Buckley : 773-934-6687
MLS ID:
12491158
  • A/C: Central Air
  • Roofing: Composition
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR16103290010000
  • Current Use: Commercial
  • Utilities: Electric to SiteNatural Gas AvailableWater Available
  • Water: Municipal Water
  • Source: mred
  • Ownership: Family

This listing courtesy of Jeremie Buckley, Baird & Warner

Monthly Payment

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

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Location

Schools Nearby

H

Hefferan Elementary School

4409 W Wilcox St, Chicago, IL, 60624

Grades PK-8

0.36 miles away

H

Hefferan Elementary School

4409 W Wilcox St, Chicago, IL, 60624

Grades PK-8

0.36 miles away

Y

Yccs-Scholastic Achievement High School

4651 W Madison St, Chicago, IL, 60644

Grades 9-12

0.12 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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