3489 N Elston Avenue

Chicago, Illinois 60618
Closed / MLS #10956626 / Commercial / Mixed Use / Avondale
Listing information updated 2/13/2021 at 4:43pm
Great investment potential for savvy Buyer in upcoming Avondale corridor. Brick building currently mixed use but taxed as multi family unit. The possibilities are endless. As corporations are downsizing, can be utilized as office space, while still maintaining cash flow in second floor three bedroom apartment. Staged photos shows the opportunity that can exist as current mixed use. Other options that can be considered is to duplex the units or to expand the building These options have been pursued with a zoning attorney and may be an option. Tandem parking for six vehicles. Great location near park, businesses and newer constructed condos. Great Seller financing offered. Terms would be 15% down, 4% interest only payment with balloon payment in 5 years. Great opportunity for Buyer Owner to use personal funds for build-out and then in five years cash in on the equity!!!!

Full Features

Built:
1915
Parking Spaces:
6
Cooling System:
Central Air
Stories:
2
Roof:
Membrane
Zoning:
OTHER
# of Offices:
1
Building Square Feet:
2,576

Taxes & Assessments

Tax Amount:
$8,113
Tax Year:
N/A

Location

Zip Code:
60618
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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3489 N Elston Avenue is a commercial / mixed use which sold for $350,000. This commercial / mixed use has been listed on @properties since December 19th, 2020 and was built in 1915. The nearest transit stops include Belmont CTA Blue line.