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Mario Bilotas

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

$ 2,795,000

Est. payment -/mo

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Price Dropped by $150K

3124 N Broadway ST Chicago, IL 60657

7,600 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,600 sqft

Price per Sqft $367

MLS Listing ID 12747228

Year Built 1916

Annual Tax Amount $49,562

Tax Year 2025

Lot Dimensions 32.5X200

Property Sub-Type Mixed Use

Property Description

Presenting 3124 N. Broadway, a five (5) unit mixed-use investment on the Broadway retail corridor in premier Lakeview East. The 3,800 SF ground-floor storefront is occupied by Oak & Honey, an established bakery and bistro under lease through September 2029 currently at $32.96/SF, secured by two absolute personal guaranties with two five-year renewal options extending term to 2039. Four 900 SF two-bedroom/one-bath apartments, renovated in 2020, offer hardwood floors, custom fixtures, stainless-steel appliances, in-unit laundry, and individual central HVAC. All units are separately metered and the commercial tenant reimburses $30,819 annually in tax, insurance, and utility recoveries. Five rear parking spaces. Fully occupied with contractual rent growth and upside.

Location

State IL

County Cook

Area Chi - Lake View

Interior

Cooling Central Individual

Flooring Wood

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Listed by Matthew Fritzshall of Triton Realty Group LLC

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