• Status Coming Soon
  • Price $999,500
  • Bed
  • Bath Not provided
  • Location West Ridge

2721 W Peterson Avenue

Exclusively listed by Baird & Warner

Don't let the exterior fool you! This exceptional mixed-use property was extensively renovated and expanded with a brand-new second floor completed in 2022. The main level features six fully leased office suites, two bathrooms, a party room, and an attached 2.5-car garage, providing immediate income. The second floor offers two condo-quality residential units, including a spacious 3-bedroom, 2-bath unit with an open-concept floor plan, quartz countertops, full-height backsplash, large island, luxurious primary suite with a walk-in shower and double vanity, generously sized bedrooms, and in-unit laundry. The second unit is a beautifully finished 1-bedroom, 1-bath with quartz countertops, in-unit laundry, and the potential to add a rooftop deck over the garage. Additional improvements include new steel front and rear staircases, new plumbing, new electrical, and numerous other updates. All renovations were fully permitted. The commercial spaces are fully leased, while the upper residential units are currently owner occupied, making this an outstanding opportunity for investors or owner-occupants seeking a turnkey, income-producing property. Financials are uploaded

General Info

  • Property Type Mixed Use
  • Price $999,500
  • Taxes $7,989
  • Assessments Not provided
  • Assessments Include Not provided
  • Market Time Not provided
  • Year Built 1971
  • Square Feet Not provided
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms
  • Bedrooms
  • Bathrooms

Features

  • Heat Not provided
  • Air Conditioning Central Air
  • Appliances Not provided
  • Parking Not provided
  • Age Not provided
  • Exterior Not provided

Based on information submitted to the MLS GRID as of 7/30/2026 5:02 PM. 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.

Mortgage Calculator

  • List Price{{ formatCurrency(listPrice) }}
  • Taxes{{ formatCurrency(propertyTaxes) }}
  • Assessments{{ formatCurrency(assessments) }}
  • List Price
  • Taxes
  • Assessments
{{ formatCurrency(price) }}
{{ selectedInterestRate }}%
{{ downPaymentPercent }}%

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.

Inquire about this property 2721 W Peterson Avenue Chicago, IL 60659

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 2721 W Peterson Avenue Chicago, IL 60659

Your Information
Select a date and time

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.