Opportunity calls with this mixed-use brick building located in the heart of Ukrainian Village on a vibrant stretch of Western Ave. Striking blond brick exterior with large windows that showcases the art gallery that has been the long-time occupant. The commercial gallery space is spacious and well-lit featuring high ceilings, track lighting, and excellent wall space that serves as the perfect backdrop for showcasing artwork. Above the storefront, you'll find an owner's unit, stylish three-bedroom, one-bathroom apartment renovated with a contemporary aesthetic, featuring a formal living and dining room, fully renovated kitchen and stylish shared bath. Large windows flood the apartment with natural light, high-end finishes hardwood floors, quartz countertops, and stainless steel appliances add a touch of luxury. There is a two-bed one-bath coach house unit that has long been used as a visiting artist space with a bonus unfinished loft space that could be monetized. This versatile space can be customized to suit various uses, such as a creative studio, a co-working space or the 2/1 apartment can be duplexed providing endless possibilities for generating revenue. The coach house is situated over an oversized two-car garage. Please allow 48 hours’ notice for showings.
Sold for $625,000
$625,000
1016 N Western Ave, Chicago, IL 60622
5beds
2,446sqft
Unknown
Built in 1906
-- sqft lot
$-- Zestimate®
$256/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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List your homeWhat's special
Creative studioLarge windowsLarge windows floodQuartz countertopsExcellent wall spaceTrack lightingContemporary aesthetic
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Central
Features
- Basement: Finished
Interior area
- Total interior livable area: 2,446 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stone
Lot
- Size: 2,640 Square Feet
Details
- Parcel number: 1601415040
Construction
Type & style
- Home type: Unknown
Materials
- Roof: Built-up
Condition
- Year built: 1906
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $1,020,000
- Annual tax amount: $19,890
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $625,000-10.6%$256/sqft |
Source: Public Record Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/5/2023 | Price change | $699,000-9.1%$286/sqft |
Source: Owner Report a problem | ||
| 6/11/2023 | Listed for sale | $769,000+129.6%$314/sqft |
Source: Owner Report a problem | ||
| 8/28/2012 | Sold | $335,000$137/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $19,890 +90.2% | $102,000 +93.4% |
| 2023 | $10,460 +3.1% | $52,741 |
| 2022 | $10,144 +2.1% | $52,741 |
| 2021 | $9,936 +21% | $52,741 +32% |
| 2020 | $8,212 -31.5% | $39,965 -36.6% |
| 2019 | $11,982 +1.7% | $63,069 |
| 2018 | $11,780 +35.3% | $63,069 +43.9% |
| 2017 | $8,707 +5.2% | $43,822 |
| 2016 | $8,277 +9.6% | $43,822 |
| 2015 | $7,550 +31.6% | $43,822 +30.8% |
| 2014 | $5,739 -5.8% | $33,499 |
| 2013 | $6,093 -14.9% | $33,499 -20.9% |
| 2012 | $7,156 +14.9% | $42,371 -1.8% |
| 2010 | $6,229 +7.4% | $43,128 |
| 2009 | $5,800 +18% | $43,128 +5.2% |
| 2008 | $4,917 -36.3% | $40,992 -35.4% |
| 2007 | $7,715 +10.4% | $63,465 |
| 2006 | $6,990 +220.4% | $63,465 +226.9% |
| 2005 | $2,182 +1.9% | $19,415 |
| 2004 | $2,141 +4.5% | $19,415 |
| 2003 | $2,050 | $19,415 |
Find assessor info on the county website
Neighborhood: Humboldt Park
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Nearby schools
GreatSchools rating
- 4/10Chopin Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Clemente Community Academy High SchoolGrades: 9-12Distance: 0.2 mi
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- Illinois
- Cook County
- Chicago
- 60622
- Humboldt Park
- 1016 N Western Ave