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    3701 N Elston Ave Chicago, IL 60642

    For Sale
    $900,000

    Mixed-use building with commercial and residential units in Chicago.

    Property size:
    5,940 SF
    Lot size:
    0.09 Acres

    Property Features for 3701 N Elston Ave

    General Information

    Size
    5,940 SF
    Lot size
    0.09 Acres

    Source: Strauss Realty, Ltd. Agent Craig Wolf

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

    Overview

    Mixed-Use Building in Irving Park

    This mixed-use building is located in the Irving Park neighborhood of Chicago. The building features 4 commercial office spaces and 2 residential units, including a one-bedroom unit and a two-bedroom unit. The property has a size of 5940 square feet. Rent roll can be made available upon request.
    Insight Report Location Intelligence

    Current Use by Public Records

    Household Inspection Team Home Inspector Amazon Hub Counter ... Shipping And Mailing Service Chicago Health Inc Home Health Care Service The Electric Bike Store Bicycle Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7117576
    Latitude
    41.9488642

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial and residential units in Chicago.
    Where is this mixed-use property located?
    The property is located at 3701 N Elston Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Mixed-use building in Irving Park, Chicago.; - Features 4 commercial office spaces.; - Includes a two-bedroom residential unit.
    (847) 989-9653
    Request Owner's contact information
    3701 N Elston Ave Chicago, IL 60642
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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
    3701 N Elston Ave Chicago, IL 60642
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