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0 Beds
5,368 sqft

$1,199,000

3256 N Elston Avenue, Chicago IL, 60618

Price per sqft$223.36
Built in1916
Property size5,368 sqft
Property typeOther
Listed by Petru Amarei with Chicagoland Brokers, Inc. 773-440-1700

Overview

Under contract

Contingent

Listed Jun 1, 2026

Updated Jul 21

**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 2500 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.

$7,977/mo

Est. mortgage payment based on a $1,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12664077

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$16,049
Tax Frequency
Annually
MLS provider logo

Listed by Petru Amarei with Chicagoland Brokers, Inc. 773-440-1700

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Blume Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:23 PM UTC on 7/21/2026. 

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