4373-4377 W 26th St, Chicago, IL 60623
4373-4377 W 26th St
About This Property
This is a value-add mixed-use investment on 26th Street in Little Village, one of Chicago's busiest and most consistently active commercial corridors. The sale includes three contiguous parcels totaling approximately 8,625 SF of land (0.20 acres) with 70 feet of frontage directly on 26th Street, all zoned B3-1. The package comes with multiple income sources and real room to grow.
The ground floor is occupied by an active Salvadorian restaurant with a large basement below. The second-floor residential unit is a 2-bed/1-bath space that needs significant renovation, but it retains vintage woodwork, stained glass built-ins, a large kitchen, a utility room, and a rear deck. The bones are there. Renovate or gut-rehab the unit to market rate and you're adding a second performing income stream to a property that's already producing on the commercial side.
Behind the main building sits a garage and storage area. Two of the three parcels make up a sizable parking lot adjacent to the restaurant, which is a genuinely rare asset on a corridor where street parking can be scarce. That lot is an income opportunity on its own, whether you monetize it now through paid parking or hold it for future development under B3-1 zoning. The building is all-brick masonry construction, built circa 1908, on a strong commercial street with CTA Pink Line access and bus routes 52 and 60 nearby.
Unit Details
Property Highlights
- Three contiguous parcels totaling approx. 8,625 SF (0.20 acres)
- 70 feet of direct frontage on 26th Street
- Zoned B3-1 -- supports mixed use and future development
- Active commercial tenant generating $3,000/month
- Large basement beneath the restaurant
- Second-floor 2-bed/1-bath residential unit with significant post-renovation upside
- Vintage woodwork and stained glass built-ins in the residential unit
- Large kitchen and utility room in the residential unit
- Rear deck off the residential unit
- Garage and storage area behind the main building
- Dedicated parking lot adjacent to the restaurant (rare on this corridor)
- 10 total parking spaces, including 6-12 outdoor
- All-brick masonry construction, c. 1908
- CTA Pink Line and bus routes 52/60 nearby
Investment Overview
All figures sourced from the MLS listing sheet. Operating expense projections are broker estimates and should be independently verified.
Location & Neighborhood
26th Street in Little Village is one of Chicago's most active commercial corridors, home to over 1,000 businesses and consistent heavy foot traffic year-round. It's a dense, walkable retail strip that serves a large and loyal customer base, which is exactly why an active restaurant tenancy here is a real asset. This is a corridor that stays busy.
The property is accessible from Kostner Avenue east to 26th Street. The CTA Pink Line and bus routes 52 and 60 run nearby, making the location reachable from a wide area of the city. Three parcels at this address give you street presence and flexibility that most small mixed-use deals on this corridor don't offer.
- CTA Pink Line nearby
- Bus routes 52 and 60 accessible
- Over 1,000 businesses on the 26th Street corridor
- Heavy year-round pedestrian foot traffic
- Little Village neighborhood, Southwest Side Chicago
- B3-1 zoning supports broad commercial and residential uses
- Accessible via Kostner Ave east to 26th Street
- Dense mixed-use corridor with strong retail demand
Financing
Accepted financing terms are Conventional and Cash Only. Possession is at closing with immediate occupancy available.
