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1938 W Irving Park Rd

5,900 SF Retail Building Chicago, IL 60613 $795,000 ($135/SF)

Investment Highlights

  • Mixed-Use Building in Chicago’s North Center Neighborhood
  • Liquor license and all necessary permits included, allowing for immediate operation
  • Surrounded by a variety of popular restaurants, cafes, and retail shops
  • Fully built-out tavern on the ground floor
  • North Center neighborhood, known for its local businesses and dining scene
  • Close Proximity to Public Transportation | Perfect for business owners or investors

Executive Summary

?Two-story, mixed-use building in Chicago’s highly sought-after North Center neighborhood. This two-story mixed-use building offers an exceptional opportunity for investors and business owners. The ground floor is fully built out as a tavern, complete with all furniture, fixtures, and equipment in place, making it a turnkey operation for a new owner. All necessary liquor licenses and other in-place permits are included in the sale, ensuring a smooth transition for the next business venture. The ground floor space features a spacious, well-maintained layout with high ceilings, large windows, and ample natural light, providing a welcoming atmosphere for both patrons and tenants. The second floor presents the potential for residential or commercial use, offering great flexibility to suit a variety of needs.

Attachments

Sale Brochure

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,900 SF
Building Class
C
Year Built
1901
Price
$795,000
Price Per SF
$135
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.07 AC
Zoning
C1-2
Frontage
29 FT on W Irving Park Rd
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Chase Bank
Fifth Third Bank
U.S. Bank
Starbucks
Trader Joe's
Club Pilates
Bank of America
Jewel-Osco
Byline Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-18-423-025-0000
Land Assessment
$32,893 (2024)
Improvements Assessment
$70,108 (2024)
Total Assessment
$103,001 (2024)
  • Listing ID: 34396981

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 1938 W Irving Park Rd, Chicago, IL 60613

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