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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 799,000

Est. payment -/mo

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Active Under Contract

4369 N Elston AVE Chicago, IL 60641

5,034 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,034 sqft

Price per Sqft $158

MLS Listing ID 12571331

Year Built 1924

Annual Tax Amount $13,744

Tax Year 2023

Lot Dimensions 2950

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Area Chi - Irving Park

Zoning OTHER

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Roof Type Reflective Coating,Tar/Gravel

Building

Dwelling Type Mixed Use

Structure Type Brick

Listed by Jazmyne Zasanski of Engel & Voelkers Chicago

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA