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3011 N Austin Ave Chicago, IL 60634

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For Sale
$550,000

Mixed-use building in Belmont Cragin with office and retail potential.

Property Features for 3011 N Austin Ave

General Information

Standard status
Active

Building Details

Year built
1932

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Listing Contact
Michael Levin
Source: Corcoran

Listing Agency: @properties Commercial Listing Agent: Michael Levin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Freestanding Mixed-Use Building For Sale

This freestanding masonry building in the Belmont Cragin neighborhood of Chicago presents a mixed-use opportunity. The building, with RS-3 zoning, is currently configured for a Painters Fraternal organization and is well-maintained, featuring high-security entrance doors and cameras. The building spans 4082 square feet on a 7455 square foot lot with frontage on Austin Avenue. The first floor includes an open reception area and foyer, two office rooms, two bathrooms, a utility room, and two storage rooms. A kitchen and a wide-open multipurpose special event meeting hall with a stage and high ceilings are also featured, offering reconfiguration possibilities. The offices have window visibility. A large rear parking lot accommodates 12 cars. The building is equipped with a 200+ amp electrical system and is wired for computer networks. This property is suitable for various commercial uses, including office, retail, professional or medical practices, light assembly, hospice care, medical center, surgical center, dental or podiatry clinics, law firms, insurance agencies, technology companies, financial trading firms, real estate offices, accounting firms, or investment purposes. Redevelopment of the parcel is also a possibility. Approximately 10,900 vehicles pass this location daily on Austin Avenue.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7758522
Latitude
41.9352144

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in Belmont Cragin with office and retail potential.
Where is this mixed-use property located?
The property is located at 3011 N Austin Ave Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Freestanding 4082 sq ft commercial building with mixed-use potential.; - Large 7455 sq ft lot with ample rear parking for 12 cars.; - High-traffic location with 10,900 vehicles per day (VPD) on Austin Avenue.
More about this property
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