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$1,005,000
4,088
square ft

470 N Aberdeen Street
Chicago, Illinois 60642

Closed / MLS #12351885 / Commercial / Mixed Use / West Town
Listing information updated 9/6/2025 at 10:23am
Estate Sale: Prime Value-Add Investment Opportunity at 470 North Aberdeen. Unlock the potential of this rare estate sale offering, a mixed-use asset with built-in upside and long-term stability in a high-demand area. The building features: An unfinished ground-floor residential unit (See OM for estimated completion costs), offering near-term upside for value enhancement; recently renovated second and third-floor apartments poised for re-leasing at full market rates during peak leasing season, maximizing rental income potential; and a fully leased retail space anchored by Zullo's Catering, a long-standing tenant since 2009, under a secure lease through December 2033, providing reliable cash flow. With strategic updates and timing, 470 North Aberdeen offers a compelling blend of stability and growth potential in a sought-after urban location. This property presents an exceptional value-add opportunity for investors seeking both immediate and sustained returns. Offering Memorandum available upon request.
Built:
1923
Cooling System:
Central Individual
Stories:
2
Zoning:
MANUF
Building Square Feet:
4,088
Tax Amount:
$12,583
Tax Year:
2023
Zip Code:
60642
City:
Chicago
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 312.506.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/6/2025 at 10:23am. 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. Some listings have been excluded from this website.

West Town, IL

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the past decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Noble Square, East Humbo...

CTA

CTA
Blue line at Chicago
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Green line at Ashland
CTA
Pink line at Ashland

Metra

Metra
Milwaukee District West line at Ogilvie Transportation
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Union Pacific North line at Ogilvie Transportation Center
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Union Pacific Northwest line at Ogilvie Transportation Center
Metra
Union Pacific West line at Ogilvie Transportation Center
$757,131
Average Sale Price
45
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 470 N Aberdeen Street, Chicago, IL 60642
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470 N Aberdeen Street, Chicago, IL 60642 is a commercial / mixed use which sold for $1,005,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 30th, 2025 and was built in 1923. The nearest transit stops include Chicago CTA Blue line and Ogilvie Transportation Metra Milwaukee District West line.

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