4140 N Western Ave, Chicago, IL for sale

Investment Overview

4140 N Western Avenue is a well-maintained two-flat with an additional garden unit (buyer to verify legality), offering strong stabilized cash flow and value-add upside 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 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, lease at market rents, or occupy. 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. 4140 N Western presents a compelling opportunity to acquire a flexible, income-producing asset in one of Chicago’s most sought-after North Side neighborhoods.

Investment Highlights

• Two-flat with additional garden unit (buyer to verify legality)
• All units vacant — value-add or owner-occupy
• Separate utilities, updated mechanicals, on-site laundry
• Prime North Center location near Horner Park and transit