3256 North Elston Avenue Chicago, IL 60618
Restaurant and apartments in booming Avondale, great visibility, high traffic.
Property size:
6,250 SF- Added:
- Mar 30, 2025
- Days on Market:
- 382
- Last Refresh:
- Mar 13 at 11:51 am
Property Features for 3256 North Elston Avenue
General Information
- Standard status
- Active
- Size
- 6,250 SF
Building Details
- Year Built
- 1916
Listing agent Petru Amarei License #471013177 (773) 440-1700
Listing office Owners.com (773) 440-1700
Listing date Mar 30, 2025
Source Compass
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Overview
Avondale Restaurant and Apartment Building
This property presents a restaurant and business opportunity in Avondale, featuring a 5,368 square foot building. The property includes a 2,500 square foot restaurant space with two full basements providing 2,000 square feet of storage. Additionally, there are two 2-bedroom apartments. The property is situated in a location with high visibility on a corner lot, benefiting from a traffic count of 15,000 cars per day. It offers accessibility, being close to the Kennedy Expressway ramps via Sacramento, Kedzie, and California, and is a 15-minute walk to the Blue Line at Kimball. The location is near several major proposed townhouse complexes within several blocks. The estimated monthly rent for the restaurant space is $5,000, and the total estimated monthly rent for the apartments is $4,000, resulting in a total estimated monthly building rent of approximately $9,000 or $108,000 per year. It is perfect for an owner-user.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7003378
- Latitude
- 41.9404425
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Restaurant and apartments in booming Avondale, great visibility, high traffic.
Where is this conventional restaurant located?
The property is located at 3256 North Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: High Income Potential: Estimated $108,000 annual rent from restaurant and apartments.; Prime Location in Booming Avondale: High‑visibility corner lot with significant new development nearby.; Large Building Size: 5,368 square feet suitable for various business ventures.
