4369 N Elston AVE, Chicago, IL 60641
4369 N Elston AVE, Chicago, IL 60641
4369 N Elston AVE, Chicago, IL 60641
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$799,000
Est. payment /mo
5,034 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,034 sqft

Price per Sqft $158

MLS Listing ID 12571331

Year Built 1924

Annual Tax Amount $13,744

Tax Year 2023

Lot Dimensions 2950

Property Sub-Type Mixed Use

Property Description

Positioned in the heart of the Irving Park/Old Irving Park area, 4369 N Elston Ave is a meticulously maintained 5,000+ sq. ft. brick building offering strong income potential and redevelopment flexibility. With B3-2 zoning and proximity to the Montrose Blue Line, this property is ideal for investors or owner-operators seeking a turn-key mixed-use asset. The spacious ground-floor unit features expansive windows and two commercial-grade restrooms. Formerly a neighborhood tavern, the space is ideal for restaurant, bar, cafe, retail, office, or other commercial uses, ready for a new concept or continued hospitality operations. Upstairs includes two updated 2-bedroom, 1-bath apartments: One unit is occupied by a long-term, month-to-month tenant below market One unit is vacant, offering immediate value-add potential at market rents ($1,800-$2,000/month each) In-unit side-by-side washer & dryer Central AC and separate water heaters, Hardwood floors and modern finishes. Fully separated utilities for minimal owner overhead. Recent upgrades include new windows, water heater, and washer/dryer. Steps from the Montrose Blue Line, Minutes from the I-90/94 interchange High visibility and strong foot traffic along a thriving commercial corridor. Whether expanding your portfolio, activating the commercial space, or exploring redevelopment potential under B3-2 zoning, this property is ready for entrepreneurial vision and long-term upside.

Location

State IL

County Cook

Area Chi - Irving Park

Zoning OTHER

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Roof Type Reflective Coating,Tar/Gravel

Building

Dwelling Type Mixed Use

Structure Type Brick


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Midwest Real Estate Data (MRED) IDX
Listed by Jazmyne Zasanski of  Engel & Voelkers Chicago 

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent License ID: 475192585

Agent License ID: 475192585

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4369 N Elston AVE