Chicago, IL 60618 3256 N Elston Avenue
$1,199,000



59 more



























































Presented By: Chicagoland Brokers, Inc.
Home Details
**PERFECT FOR OWNER-USER OR INVESTOR - PRIME AVONDALE MIXED-USE OPPORTUNITY** Exceptional mixed-use investment opportunity in the heart of rapidly growing Avondale. This highly visible corner property offers approximately 5,368 square feet and benefits from strong traffic exposure with over 15,000 vehicles passing daily. The commercial space features approximately 3000 square feet currently open space, plus two full basements providing an additional 2,000 square feet of valuable storage space. Estimated rental income for the commercial space is approximately $5,000 per month. Above the commercial unit are two well-sized 2-bedroom apartments with a combined estimated rental income of approximately $4,000 per month. Positioned in one of Chicago's most active development corridors, the property is surrounded by numerous new residential projects, including several proposed townhouse developments within just a few blocks. This ongoing growth is expected to further increase neighborhood density, customer traffic, and long-term property value. The location offers outstanding accessibility, just minutes from the Kennedy Expressway via Sacramento, Kedzie, and California Avenue, and approximately a 15-minute walk to the CTA Blue Line at Kimball. Whether you're an owner-operator seeking a live/work opportunity or an investor looking for income and future appreciation, this Avondale property presents exceptional potential in a thriving neighborhood.
Presented By: Chicagoland Brokers, Inc.
General for 3256 N Elston Avenue
Additional Parcels Description13243220250000
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsNorth or south on Elston Ave to the property. Corner of Elston and Francisco.
ElectricCircuit Breakers
Electric Expense360
Fuel Expense1200
Gross Income108000
Insurance Expense6000
Lot Size Square Feet6250
MLS AreaCHI - Avondale
Net Operating Income86802
Number Of Units Total3
Operating Expense21198
PossessionClosing
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusNew
Stories Count2
Tax Annual Amount16049.04
Tax Year2024
Tenant PaysElectricity, Heat
Total Actual Rent5000
TownshipJefferson
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Water Sewer Expense1200
Year Built1916
ZoningOTHER
Exterior for 3256 N Elston Avenue
Building Area Total5368
Foundation DetailsConcrete Perimeter
Lot Dimensions50 X 125
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 5,368