Chicago, IL 60647 3462 W North Avenue
$500,000



10 more










Presented By: Cross Street Real Estate
Home Details
Value-add, mixed-use, 4-unit building in Humboldt Park featuring 2 large ~1200sf three bed, one bath (3/1) residential units, 1 ground floor studio, and 1 open commercial space (~850sf) Perfect for an owner-occupant looking to open their small business while off-setting expenses through the building's residential income. The ground floor studio and commercial space are both vacant. 2nd and 3rd floor (3/1) apartments are both rented out for $1300 per month (2nd floor leased through Nov'25 and 3rd floor is MtM). 2 car brick garage in the rear. Significant rental upside both as-is and with renovations. Just 2 blocks West of the Park itself ideally located to benefit from Humboldt's continued growth and investment momentum.
Presented By: Cross Street Real Estate
Interior Features for 3462 W North Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Full
Total Number of Units4
General for 3462 W North Avenue
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsWest on North Ave to 346
Electric Expense300
Elementary School District299
Fuel Expense600
Garage Spaces2
Gross Income33600
HeatingNatural Gas
High School District299
Insurance Expense5005
MLS AreaCHI - Humboldt Park
Middle/Junior School District299
ModificationTimestamp2025-10-20T17:52:01.989Z
Net Operating Income10611
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7407
Tax Year2023
Total Rooms7
TownshipWest Chicago
Trash Expense2398
Water Sewer Expense0
ZoningMULTI
Exterior for 3462 W North Avenue
Lot Dimensions25x100
Parking FeaturesOn Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 4,000