3256 N Elston Avenue
Chicago, IL, 60618
$1,199,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12664077 image #0
**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.

Property Details

Price:
$1,199,000
MLS #:
MRD12664077
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiavondale
Listed Date:
Jun 1, 2026
Total Sq Ft:
5,368
Year Built:
1916
Chi – AvondaleChiavondale

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
2

Financial

Net Operating Income
$86,802
Tax Year
2024
Taxes
$16,049

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 21, 2026
912
Commercial Listed
187
Avg DOM
$989,305
Avg List Price

Property Summary

    3256 N Elston Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60618. It is listed for $1,199,000

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