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4659 W Washington Boulevard Chicago, IL 60644

$500,000
Active / MLS# 12491158 / Commercial - Investment / Chicago
0 Beds
4943 SqFt

Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,498 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use-this property fits.

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Baird & Warner Julie Naumiak 847.284.2417 Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.23 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $11,800

Feature Descriptions

Current Use: Commercial
Exterior: Brick, Steel Siding, Wood
Frontage Type: City Street
HVAC: Forced Air, Gas, Individual Furnaces
Location: Corner, Public Transport Avail, Free Standing/Urban, In City Limits, High Traffic Area
Lot Dimensions: 99 X 101
Miscellaneous Indoor: Common Meeting Room/s, Overhead Door/s, Private Restroom/s
Parcel#: 16103290010000
Parking: 6-12 Spaces
Potential Use: Commercial, Industrial, Office, Retail
Utilities: Electric to Site, Natural Gas Available, Water Available

Location

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