4369 N Elston Avenue
Chicago, IL, 60641
$799,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12571331 image #0
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.

Property Details

Price:
$799,000
MLS #:
MRD12571331
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiirvingpark
Listed Date:
Mar 2, 2026
Total Sq Ft:
5,034
Year Built:
1924
Chi – Irving ParkChiirvingpark

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Reflective Coating, Tar/Gravel
Stories
2

Financial

Net Operating Income
$84,356
Tax Year
2023
Taxes
$13,744

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
899
Commercial Listed
189
Avg DOM
$1,023,221
Avg List Price

Property Summary

    4369 N Elston Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $799,000

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