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Logan Square Mixed-Use Building

3425 W Fullerton Ave Chicago, IL 60647

3425 W Fullerton Ave, Chicago, IL, 60647

$1,100,000

For Sale

$1,100,000

Three-unit mixed-use building with established tavern in Logan Square.

Property Size2,900 SF

Price / SF$379.31

AddedMar 6

Days on Market131

Last RefreshApr 6 at 12:29 am

Property Features for 3425 W Fullerton Ave

General Information

Standard status: Active
Size: 2,900 SF
Property subtype: Multifamily

Building Details

Year Built: 1918

Listing office SPERRY VAN NESS

Listing date Mar 6, 2026

Source Svn

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

All listing content including descriptions, pricing, images are the copyrighted material of SPERRY VAN NESS

Investment Insights

Based on property information with market context.

The property at 3425 W Fullerton Ave is a three-unit brick mixed-use building located in the Logan Square neighborhood of Chicago. The ground floor features a 2,900 square foot tavern, currently operating as The Burlington, a neighborhood establishment with local recognition. The sale includes the tavern business and its license, presenting a turnkey opportunity for an operator or investor. The building also includes two apartments, each with three bedrooms and one bathroom. Additional features include an entertainment room in the rear and a full basement. Logan Square is known for its architecture, restaurants, breweries, and retail, making it a desirable location for residents and businesses. The neighborhood offers cultural attractions, nightlife, and community amenities, creating an appealing setting for mixed-use properties.

Key Highlights

Prime Logan Square location in a vibrant, high‑demand neighborhood.
Turnkey opportunity with an established and well‑known tavern business (The Burlington) included in the sale.
Includes a valuable tavern license.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$76.6k	$26.40
− Vacancy	−$4.6k	−$1.58
EGI	$72.0k	$24.82
− OpEx	−$18.0k	−$6.20
NOI	$54.0k	$18.61

2,900 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$771.1K

$674.7K – $899.6K (±1% cap)

NOI $53,975 @ 7.0% cap · market cap 4.91%

Second Best

Mixed Use

$699.1K

$611.7K – $815.6K (±1% cap)

NOI $48,938 @ 7.0% cap · market cap 4.45%

Theoretical Best

Office A

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $95,714 @ 7.0% cap · market cap 8.70%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Telcel Association Or Organization Burlington Bar Bar & Pub lupe castillo Beauty ... Hair Salon

Suggested Use

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For sale
Mixed-use properties
IL
Chicago
60647
3425 W Fullerton Ave

What type of property is this?

Mixed-use property - Three-unit mixed-use building with established tavern in Logan Square.

Where is this mixed-use property located?

The property is located at 3425 W Fullerton Ave Chicago, IL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Prime Logan Square location in a vibrant, high‑demand neighborhood.; **Turnkey opportunity with an established and well‑known tavern business (The Burlington) included in the sale.**; Includes a valuable tavern license.