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    3256 N Elston Ave Chicago, IL 60618

    Sponsored
    For Sale
    $1,249,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.14 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 3256 N Elston Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    13243220250000
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Floors in Building
    1
    Number of units
    3
    Building materials
    Brick

    Chicagoland Brokers Inc. (773) 745-1000 [email protected]

    Listing agent Petru Amarei (773) 440-1700

    Listing date Dec 24, 2025

    Copyright © 2025 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.

    Overview

    Avondale Commercial Building Opportunity

    This commercial building in Chicago's Avondale neighborhood presents a business opportunity for an owner-user. The property features a 2500 square foot restaurant space with two full basements providing 2000 square feet of storage. Additionally, there are two 2-bedroom apartments. The building is located in an area with many new developments nearby, including several major proposed townhouse complexes within several blocks. The property offers great corner visibility with approximately 15,000 cars per day traffic. It is very accessible, close to the Kennedy ramps via Sacramento, Kedzie, and a 15-minute walk to the Blue Line at Kimball. The property is situated on a lot of approximately 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    DonerMen, Logan Oyster Socials, Food2You Maplewood, Inc., CMB Catering, Paramount Events - Avondale - Winter 2022

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7003378
    Latitude
    41.9404425

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    FAQs

    What type of property is this?
    Restaurant - Restaurant and apartment building in booming Avondale neighborhood.
    Where is this restaurant located?
    The property is located at 3256 N Elston Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: - High income potential: estimated $108k/year from restaurant and apartments.; - Prime location in booming Avondale with high visibility on a corner lot.; - 2500 sq ft restaurant space with two full basements, ideal for owner-user or tenant.
    (773) 745-1000
    Request Owner's contact information
    3256 N Elston Ave Chicago, IL 60618
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    Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3256 N Elston Ave Chicago, IL 60618
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