4659 W Washington Boulevard, Chicago, IL 60644
Cook County
Key Facts
Description
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.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Stories
2
Living Area
4,943 sq ft
Lot Size
10,140 sq ft
Lot Dimensions
99 X 101
Zoning
COMMR
Days on Market
189
MLS® Listing#
12491158
Property Features
Cooling
Construction
Roof
Utilities
Financial Details
Annual Taxes
$11,800
Tax year 2023
Parcel Number
16103290010000
Directions
Cicero Ave to Washington. East to 4659
Affordability Calculator
$100,000
Estimated monthly payment
$2,661/mo
Principal $400,000 · Est. interest $558,036 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 29% above the area median.
- Its price per sq ft is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
The Academy of Scholastic Achievement
School · 0.1 mi away
Chicago Public Schools
School · 0.2 mi away
Hefferan Elementary School
Elementary · 0.4 mi away
Spencer Technology Academy Elementary School
Elementary · 0.5 mi away
St Martin de Porres School-Leclaire
School · 0.5 mi away
Chicago Jesuit Academy
School · 0.6 mi away
Bethel Lutheran Church
School · 0.6 mi away
Singleton Education Academy
School · 0.6 mi away
Christ the King Jesuit College Preparatory School
Secondary School · 0.6 mi away
Tilton Stem Elementary
Elementary · 0.6 mi away
George Leland Elementary School
Elementary · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
Kipp Create College Prep
Secondary School · 0.7 mi away
Chicago Public Schools
Elementary · 0.8 mi away
Melody/Cole Elementary School
Elementary · 0.8 mi away
Clark Middle School
School · 0.8 mi away
Mama Duke Day Care
School · 0.8 mi away
Moving Everest Charter School
Elementary · 0.8 mi away
Chicago Public Schools
School · 0.9 mi away
Mary Crane Center
School · 0.9 mi away
Commute Calculator
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|---|---|---|---|---|
| 5959 S Rutherford Avenue, Chicago, IL | $350,000 | 3 | 2 | 1,060 |
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| 1618 N Central Park Avenue, Chicago, IL | $350,000 | — | — | — |
| 700 W VAN BUREN Street 1305, Chicago, IL | $350,000 | 2 | 2 | — |
| 5555 N SHERIDAN Road 807, Chicago, IL | $350,000 | 2 | 3 | 1,595 |
| 4041 W Madison Street, Chicago, IL | $350,000 | — | — | 15,600 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Baird & Warner - 7086975900
Last Updated: 2025-12-09