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Logan Square Warehouse For Sale
For Sale
Under Contract
$995,000

3149-57 N Elston Avenue, Chicago, IL 60618

COMMERCIAL - Chicago, IL

Property Size3,000 SF
Lot Size0.27 Acres
Price / SF$331.67
Days on Market555

Property Features for 3149-57 N Elston Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning WRHSE
Directions Belmont to Elston, south of Belmont on the East side of the street
Subdivision CHI - Avondale
Standard status Active Under Contract
APN 13252000200000
Size 3,000 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 14160

Utilities

Utilities Water Available

Building Details

Year built 1957
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials Brick
Roof type Membrane
Listing Agency: Avenue 1 Realty Group
Listed By: Ronald Ohr · License #471020729
Added: Jan 22, 2025 Changed: Apr 15 Last Checked: Jul 31 at 2:06AM
MLS# 12275741

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in the Logan Square area of Chicago, this property features a one-story garage with a warehouse. Situated on the corner of Fletcher and Elston, it benefits from high traffic. The property is suitable for new development or continued use as is. The 1,800 square foot space is currently rented for $1,550 per month, while the 1,200 square foot space is rented for $3,350 per month. The leases are month to month on a modified gross lease basis. Tenants are responsible for all utilities and repairs, while the landlord covers taxes and water. The property is zoned WRHSE and sits on a 0.2709-acre lot.

Key Highlights

  • High traffic corner location in the hot Logan Square area.
  • Total of 3,000 SF rentable space.
  • Current rental income of $4,900/month.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Florist Butcher Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,014
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Commercial warehouse in high-traffic Logan Square, Chicago. Great investment opportunity.
Where is this warehouse located?
The property is located at 3149-57 N Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: High traffic corner location in the hot Logan Square area.; Total of 3,000 SF rentable space.; Current rental income of $4,900/month.
More about this property
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