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About the Listing 87262 - 896600
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.
Listing Highlights
Status
Active
Days on Site
42
Property Type
Commercial Sale
MLS ®
12571331
Year Built
1924
Total Square Footage
5,034
Lot/Acreage
0.07
County
Cook
Area
CHI - Irving Park
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 2950
- Zoning: OTHER
- Roof: Reflective Coating,Tar/Gravel
- Others:
- Sewer:
Financial Details
- Tax Amount: $13,744
- Taxes w/Assessments: N/A
- Tax/Property ID: 13154050130000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
Listing 12571331 Chicago, IL 60641
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