52
See all 52 photos
$3,500,000
Est. payment /mo
9,363 SqFt
New
2054 W Grand AVE Chicago, IL 60612
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,363 sqft
Price per Sqft $373
MLS Listing ID 12505696
Year Built 2013
Annual Tax Amount $25,686
Tax Year 2023
Lot Dimensions 72x92
Property Sub-Type Mixed Use
Property Description
Welcome to 2054-2058 W Grand Ave in the heart of Chicago's vibrant West Town neighborhood. This exceptional live / work space was designed by renowned Chicago architects UrbanLab and has been featured in Dwell magazine. The property spans 3 prime Chicago lots (2 PINS), with the main building being constructed of prefabricated concrete wall panels. The prefab concrete offers structure and insulation while providing a simple, clean and sustainable design. Built in 2013 as an FDA-approved food production facility with a ground floor storefront and restaurant for street visibility and a large area with 24' ceiling height for processing and warehousing. The first floor has ample floor drains and polished concrete floors, providing endless possibilities for food and beverage production, a luxurious garage, furniture design or art fabrication / display (to suggest a few ideas). It also features 3 different commercial kitchen prep spaces with multiple exhaust hoods, ADA required bathrooms, a staff / break room, 2 mechanical rooms, 800 AMP electrical service, and a staging area with overhead doors for shipping & receiving. The building design does allow for all of the rooms to be cleared, leaving only 2 centrally located columns, should that be of interest to the next occupant. The second floor has an office space with a conference room and two private offices as well as a few mechanical rooms and additional warehousing / processing space, which can be accessed through a safety gate from the first floor with a forklift. The top floor is a gorgeous 2 bedroom, 2 bathroom apartment with floor to ceiling windows, and a massive roof deck with unobstructed views of the Chicago skyline. Expertly appointed with high end appliances like a Wolf range, Bosch refrigerator and dishwasher, Duravit sinks and toilets and Axor fixtures. The primary bathroom also features a steam shower and an oversized bathtub set in a quartz and tile surround. There's a formal living room, dining room / flex space and a private roof deck, which is accessible from all of the main spaces in the home. Each level of the building is accessible via a Schindler hydraulic passenger elevator with separate keyed access for floors 2 & 3 and 2 stairwells. The two adjacent properties to the east (2050 and 2048 W Grand Ave) include a simple frame two unit dwelling and a vacant lot that's currently used as an urban garden. These can be included as part of the package for an additional $1,000,000.00. These parcels protect your view but could be repurposed to expand the footprint of the existing commercial or residential space. There's parking here for over 6 cars, 3 Forced air RTUs with AC and 2 water heaters for the building (one for the first floor, the other for the third floor) all 12 years old. There is a Generac natural gas-powered generator that supports a mixture of breakers on floors 1-3, but not the entire building. The first floor has 10+ ceiling-integrated speakers with 4+ zones that have wall-mounted volume controls. The building has new electronic access alarm system with remote access and indoor / outdoor camera surveillance system with remote access (both installed Jan 2025). 3 of 5 exterior doors have electric strike system and Cat-5 wiring throughout most areas of all floors. Some or all of the restaurant fixtures /equipment could be included or excluded based on buyer's preference. Seller plans to leave the majority of restaurant equipment, including the range. The exhaust hoods will remain with the building. There is an 8' hood in the main retail / kitchen area and approx. an 18' hood and make up air hood in the rear kitchen. Many more thoughtful details that make this an exceptional property to both work and live!
Location
State IL
County Cook
Area Chi - West Town
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
Roof Type Membrane,Metal
Building
Dwelling Type Mixed Use
Structure Type Concrete,Pre-cast
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kathryn Barry of Compass
GET MORE INFORMATION
FIND YOUR NEW HOME WITH
THE DENNIS SCHERER
REAL ESTATE TEAM
- Homes For Sale in Dyer IN 46311
- Homes for Sale in St John IN 46373
- Homes for Sale in Crown Point IN 46307
- Homes For Sale in Schererville IN 46375
- Homes For Sale in Cedar Lake IN 46303
- Homes For Sale in Munster IN 46321
- Homes For Sale in Griffith IN 46319
- Homes For Sale in Hammond IN
- Homes For Sale in Lowell IN