Exceptional investment opportunity in Chicago's sought-after Old Irving Park neighborhood. This professionally managed, approximately 9,500 SF mixed-use commercial Condominium property has been extensively renovated and is fully leased to quality tenants, including The Art of Being, Edible Arrangements, and CEDA WIC, a well-funded nonprofit with lease term remaining. Located on a highly visible signalized corner along Irving Park Road, the property benefits from excellent traffic counts, strong demographics, and recent City streetscape improvements with decorative vintage lighting. Steps from the new Northwestern Medicine facility and offering convenient access to I-90/94, CTA Blue Line, Metra, and downtown Chicago. A stable tenant mix, attractive lease terms, prime location, and strong cash flow combined to deliver an outstanding cap rate and exceptional return on investment. Truly a turnkey asset in one of Chicago's premier commercial corridors.
Details
MLS #
12693064
Listing Type
For Sale
Style
Retail/stores
Sub-Type
Resale
Status
Active
Year
1950
Days On Site
55
Listing Provided By
RE/MAX Premier Luxury Collection | Martin Murray
Features
SQ Feet
9,235
Story(s)
1
Units
6
Zoning
COMMR
Interior
Cooling
Central Individual
Exterior
Roof
Membrane
Foundation Details
Brick/Mortar
Construction Materials
Brick
Utilities
Electric
Circuit Breakers
Taxes
Tax Year
2025
Tax Annual Amount
42130
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60641
Area
CHI Irving Park
Listing VS Median (in 60641)
Price: $1,800,000
low | high
Med: $425,000
100% of Average
sqft: 9,235
low | high
Med: 2,608
100% of Average
$ / sqft: $195
low | high
Med: $163
66.392403715065% of Average
On site: 55
low | high
Med: 293
18.77133105802% of Average
Sourced by Back At You
Market Activity 60641
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 11
Avg $ Per SqFt: $266.36
Min Sale Price: $200,000
Max Sale Price: $720,000
Med Sale Price: $430,000
Date: Jun 2026
Sales: 29
Avg $ Per SqFt: $280.13
Min Sale Price: $148,000
Max Sale Price: $1,300,000
Med Sale Price: $595,000
Date: May 2026
Sales: 39
Avg $ Per SqFt: $288.19
Min Sale Price: $175,000
Max Sale Price: $965,000
Med Sale Price: $485,000
Date: Apr 2026
Sales: 50
Avg $ Per SqFt: $295.52
Min Sale Price: $184,000
Max Sale Price: $1,950,000
Med Sale Price: $540,000
Date: Mar 2026
Sales: 36
Avg $ Per SqFt: $295.05
Min Sale Price: $197,500
Max Sale Price: $1,485,000
Med Sale Price: $571,500
Date: Feb 2026
Sales: 33
Avg $ Per SqFt: $299.83
Min Sale Price: $190,000
Max Sale Price: $2,125,000
Med Sale Price: $509,000
Date: Jan 2026
Sales: 26
Avg $ Per SqFt: $303.68
Min Sale Price: $197,000
Max Sale Price: $1,235,000
Med Sale Price: $507,000
Date: Dec 2025
Sales: 16
Avg $ Per SqFt: $297.53
Min Sale Price: $155,000
Max Sale Price: $2,000,000
Med Sale Price: $513,000
Date: Nov 2025
Sales: 18
Avg $ Per SqFt: $238.33
Min Sale Price: $205,000
Max Sale Price: $959,500
Med Sale Price: $492,500
Date: Oct 2025
Sales: 31
Avg $ Per SqFt: $245.75
Min Sale Price: $133,000
Max Sale Price: $849,900
Med Sale Price: $480,000
Date: Sep 2025
Sales: 49
Avg $ Per SqFt: $254.7
Min Sale Price: $132,000
Max Sale Price: $1,200,000
Med Sale Price: $450,000
Date: Aug 2025
Sales: 38
Avg $ Per SqFt: $244.16
Min Sale Price: $131,000
Max Sale Price: $2,600,000
Med Sale Price: $437,500
Sourced by Back At You
Jul 2026
Sales:
11
Avg $ Per SqFt:
$266.36
Min Sale Price:
$200,000
Max Sale Price:
$720,000
Med Sale Price:
$430,000
Jun 2026
Sales:
29
Avg $ Per SqFt:
$280.13
Min Sale Price:
$148,000
Max Sale Price:
$1,300,000
Med Sale Price:
$595,000
May 2026
Sales:
39
Avg $ Per SqFt:
$288.19
Min Sale Price:
$175,000
Max Sale Price:
$965,000
Med Sale Price:
$485,000
Apr 2026
Sales:
50
Avg $ Per SqFt:
$295.52
Min Sale Price:
$184,000
Max Sale Price:
$1,950,000
Med Sale Price:
$540,000
Mar 2026
Sales:
36
Avg $ Per SqFt:
$295.05
Min Sale Price:
$197,500
Max Sale Price:
$1,485,000
Med Sale Price:
$571,500
Feb 2026
Sales:
33
Avg $ Per SqFt:
$299.83
Min Sale Price:
$190,000
Max Sale Price:
$2,125,000
Med Sale Price:
$509,000
Jan 2026
Sales:
26
Avg $ Per SqFt:
$303.68
Min Sale Price:
$197,000
Max Sale Price:
$1,235,000
Med Sale Price:
$507,000
Dec 2025
Sales:
16
Avg $ Per SqFt:
$297.53
Min Sale Price:
$155,000
Max Sale Price:
$2,000,000
Med Sale Price:
$513,000
Nov 2025
Sales:
18
Avg $ Per SqFt:
$238.33
Min Sale Price:
$205,000
Max Sale Price:
$959,500
Med Sale Price:
$492,500
Oct 2025
Sales:
31
Avg $ Per SqFt:
$245.75
Min Sale Price:
$133,000
Max Sale Price:
$849,900
Med Sale Price:
$480,000
Sep 2025
Sales:
49
Avg $ Per SqFt:
$254.7
Min Sale Price:
$132,000
Max Sale Price:
$1,200,000
Med Sale Price:
$450,000
Aug 2025
Sales:
38
Avg $ Per SqFt:
$244.16
Min Sale Price:
$131,000
Max Sale Price:
$2,600,000
Med Sale Price:
$437,500
MLS Number: 12693064
Martin Murray – (312) 656-4584 – martinmurray@remax.net
RE/MAX Premier Luxury Collection – (847) 835-2300 – northshore@remaxpremierchicago.com
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12693064
Martin Murray – (312) 656-4584 – martinmurray@remax.net
RE/MAX Premier Luxury Collection – (847) 835-2300 – northshore@remaxpremierchicago.com
