4140 N Western Avenue, Chicago IL 60618
Property Description
4140 N Western Avenue - Legal Two-Flat at the Lowest Price in Coonley A well-kept, fully vacant legal two-flat with a non-conforming garden unit - and the cheapest way into the sought-after Coonley School District. The mix: a 3-bed/2-bath duplex-up, a 2-bed/1-bath, and a 1-bed/1-bath non-conforming garden unit. Separate utilities, updated mechanicals, and laundry on site mean the bones are ready. With all three units empty, there are no tenants to buy out and no leases to inherit - renovate on your schedule and set rents at today's market. The price reflects the work: the building carries existing violations, including an open violation tied to the garden unit's non-conforming status, and the buyer takes those on. That's the work, and that's exactly where the upside is. Survey available under additional information. On Western near Horner Park, transit, and the Lincoln Square and North Center retail strips, so rental demand holds up. Sold as-is. Value like this doesn't surface in Coonley often.
Features & Information
Key Details
- List Price $599,000
- Property Taxes $12,650
- Year Built 1899
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $2,200/mo
- Tenant Pays Electric,Gas,Heat,Parking
- Lease Expires vac
-
Unit 2
- Floor 2
- Rooms 8
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator
- Rent $3,800/mo
- Tenant Pays Electric,Gas,Heat,Parking
- Lease Expires vac
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property From Irving Park Road & Western, Head North.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
- School Name Amundsen High School
-
Property Taxes
- Tax 12649.77
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 13134130380000
Listed by Mitir Patel for Essex 312, LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/22/2026 3:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore North Center
North Center is a neighborhood on the rise with a well-kept residential area, a pleasant nightlife and an amiable antique shopping strip. From riverfront property on the west end to grand Victorian houses with wrap-around porches in the east, this Chicago neighborhood provides homebuyers with a wealth of desirable real estate options and more importantly, a place to call home. North Center is a nice balance of residential blocks and business sections. The restaurants are one-of-a-kind, putting a fantastic spin on the typical neighborhood cafes and family diners. Art and antique dealers join in with original works and creative furniture and home decor ideas. A local theater venue and a slew of cozy bars complete the package, making North Center a fine locale for everything you'd want in a Chicago neighborhood.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.