4140 N Western AVE, Chicago, IL 60618
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4140 N Western AVE, Chicago, IL 60618
4140 N Western AVE, Chicago, IL 60618
4140 N Western AVE, Chicago, IL 60618
4140 N Western AVE, Chicago, IL 60618
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Tim Stassi

Tim Stassi

+1(312) 371-1070
$ 629,900
Est. payment /mo
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Active Under Contract

4140 N Western AVE Chicago, IL 60618

5 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12618890

Bedrooms 5

Maintenance Fees $1,500

Year Built 1899

Annual Tax Amount $12,649

Tax Year 2024

Lot Dimensions 25X108

Property Sub-Type Two to Four Units

Property Description

4140 N Western Avenue is a well-maintained two-flat with an additional non-conforming garden unit. The building offers strong stabilized cash flow and a value-add opportunity 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 a nonconforming 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. 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. The buyer must remedy the violation related to the garden unit. 4140 N Western presents a compelling opportunity to acquire a solid income-producing asset in one of Chicago's most sought-after North Side neighborhoods. building sold as-is

Location

State IL

County Cook

Area Chi - North Center

Zoning COMMR

Rooms

Basement Partially Finished, Exterior Entry, Full

Interior

Heating Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Coonley Elementary School

Middle Schools Coonley Elementary School

High Schools Amundsen High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mitir Patel of  Essex 312, LLC 

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Tim Stassi

Tim Stassi

+1(312) 371-1070

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4140 N Western AVE