Map of Property

3865 N Elston Ave

For Sale

3865 N Elston Ave, Chicago, IL 60618

This Chicago property for sale is located at 3865 N Elston Ave. The general use of 3865 N Elston Ave is multi-family and it incorporates 9,661 square feet of class C multi-family space. The current listed sale price for 3865 N Elston Ave is $1,350,000. 3865 N Elston Ave is situated on a lot that is 0.08 acre in size.

Contacts

broker
Stevan Arandjelovic

Cawley Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 9,661 SF
  • Units 5
  • Lot Size 0.08 Acre
  • Building Class C
  • Year Built 1964
  • Date Updated Jun 3, 2025
Immerse yourself in the dynamic neighborhood surrounding this prime office building location in Chicago, IL. Situated in a bustling commercial district, this area offers a wealth of dining, retail, and entertainment options, providing a vibrant environment for professionals and employees. Discover a variety of local amenities, including popular coffee shops, restaurants, and fitness centers, all just steps away from the property. Take advantage of nearby green spaces such as Horner Park for a refreshing escape from the urban bustle or explore the charming boutiques and galleries in the vicinity. With its energetic atmosphere and convenient access to public transportation, this location is an appealing choice for investors seeking a thriving office property in a coveted Chicago locale.Uncover the potential of this exceptional mixed-use multifamily investment opportunity in Chicago, IL. This impressive mid-rise building, spanning 9,661 SF and constructed in 1964, offers four residential apartments and one ground floor commercial space. Zoned C1-1, the property provides flexibility for various uses and value-add improvements. With its strategic location in the vibrant Chicago area, investors will appreciate the proximity to urban conveniences and amenities. This property presents a solid foundation for a lucrative multifamily investment, with a strong rental market and potential for value appreciation. Embrace the possibilities and make this sought-after property the cornerstone of your investment portfolio.
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Highlights

  • Building Type: Commercial w/ Residential Apartments Above
  • Year Built: 1964
  • Construction: Masonry
  • Total Building Area: 9,661 SF
  • 1st Floor: 5,921 SF (Commercial Space)
  • 2nd Floor: Two (2) 2-Bedroom, 1-Bathroom Apartments
  • 3rd Floor: Two (2) 2-Bedroom, 1-Bathroom Apartments
  • Land Size: 6,750 SF
  • Parking: Free Street Parking
  • Loading: 2 Drive-in Doors (9’11”H X 11’9”W) [Commercial Space]
  • Ceiling Height: 11’4” Clear (Commercial Space)
  • Column Spacing: 18’7” x 23’9” (Commercial Space)
  • HVAC: Front Office Heat & AC, Warehouse Heated, Residential Apartments Heated
  • Electrical Service: 400 Amps
  • Sprinkler System: None
  • Residential Access: Walk-Up, Interior Front Stairwell, Exterior Rear Staircase
  • Zoning: C1-1 Neighborhood Commercial District
  • Alderman | Ward: Anthony Quezada | 35th
  • PINs: 13-23-201-026-0000 | 13-23-201-027-0000
  • RE Taxes: $20,788 = $2.16 per SF (2023, Paid in 2024)
  • Building Vacancy: 0%
  • Income: Rent Roll Available Upon Request
  • Sale Price: $1,350,000

Getting around

  • 90/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 76/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood Irving Park
  • Zip Code 60618
  • Market Chicago

Points of Interest

  • Irving Park

    0.68 miles

  • Belmont

    0.89 miles

  • Logan Square

    1.46 miles

  • Addison

    2.14 miles

  • Damen

    2.15 miles

  • Montrose

    2.20 miles

  • California

    2.27 miles

  • Paulina

    2.34 miles

  • Southport

    2.75 miles

  • Forest Glen

    2.75 miles

  • Shell

    0.42 miles

  • BP

    0.54 miles

  • Citgo

    0.60 miles

  • Marathon

    0.69 miles

  • eVgo

    1.49 miles

  • ChargePoint

    2.25 miles

  • Tesla Destination Charger

    2.26 miles

  • Volta Charging Station

    3.57 miles

  • Tesla Supercharger

    3.80 miles

  • Blink

    4.40 miles

  • Addison Crash Investigation Site

    0.37 miles

  • Kimball Ave Accident Investigation Site

    0.76 miles

  • Horner Park Parking

    0.98 miles

  • Kimball Park & Ride

    1.16 miles

  • Resident Student Parking

    1.43 miles

  • Jewel-Osco parking lot

    1.50 miles

  • Commuter Parking

    1.61 miles

  • Irving Hotel - SRO

    1.71 miles

  • Fullerton Hotel

    1.96 miles

  • Diplomat Motel

    2.12 miles

  • Summit Motel

    2.19 miles

  • Apache Motel

    2.42 miles

  • O-Mi Motel

    2.45 miles

  • Guest House Motel

    2.45 miles

  • Rodeway Inn

    2.64 miles

  • Ray's Bucktown Bed & Breakfast

    2.70 miles

  • The Guesthouse Hotel

    2.80 miles

  • Tony's Fresh Market

    0.43 miles

  • Jewel-Osco

    0.59 miles

  • Cermak Fresh Market

    0.61 miles

  • Montrose Supermarket & Taqueria

    0.67 miles

  • Joong Boo Market

    0.71 miles

  • Dollar City

    0.81 miles

  • Target

    0.83 miles

  • TJ Maxx

    0.83 miles

  • ALDI

    0.85 miles

  • Los Potrillos Food Market

    0.85 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Stevan Arandjelovic

Cawley Commercial Real Estate

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