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Renovated Mixed-Use Corner Building
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2834 N Southport Ave, Chicago, IL 60657

Fully leased asset combines apartments with a ground-floor restaurant and separate utilities and HVAC.

Property Size7,800 SF
Days on Market145

Property Features for 2834 N Southport Ave

General Information

Standard status Active
Size 7,800 SF
Total Parking Spaces 2
Property subtype Multifamily, Mixed Use
Occupancy 100%

Additional Details

Utilities to Site Yes
Patio Yes

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: SVN Chicago Commercial
Listed By: Wayne Caplan · License #IL 475132248
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:53PM

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 SVN Chicago Commercial

Investment Insights

Based on property information with market context.

Located at 2834 N Southport Ave in Chicago’s Lakeview neighborhood, this three-story mixed-use building includes a usable basement and approximately 7,800 SF. The property contains three apartments and a 1,200 SF ground-floor restaurant with an additional 1,800 SF lower level. Residential layouts include two approximately 2,000 SF four-bedroom, 2.5-bath apartments and one approximately 800 SF one-bedroom, one-bath apartment.

The apartments were renovated in 2017 with updated kitchens, stainless steel appliances, bathrooms, hardwood flooring, lighting, and in-unit laundry. Separate utilities and HVAC serve each unit. The restaurant is leased to Sal’s Trattoria under a new long-term lease and includes seating for approximately 40 inside, plus an outdoor area accommodating approximately 50 seats. Two rear parking spaces are included, and the corner building fronts Southport Ave.

Key Highlights

  • Three‑story mixed‑use building with usable basement and approximately 7,800 SF
  • Three apartments plus a 1,200 SF ground‑floor restaurant and 1,800 SF lower level
  • Two approximately 2,000 SF four‑bedroom, 2.5‑bath apartments and one approximately 800 SF one‑bedroom, one‑bath apartment

Property Analytics

Current Use

Sal's Trattoria Restaurant

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Accounting Firm Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,493
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased asset combines apartments with a ground-floor restaurant and separate utilities and HVAC.
Where is this mixed-use property located?
The property is located at 2834 N Southport Ave Chicago, IL.
What are key features of this property?
This property features: Three‑story mixed‑use building with usable basement and approximately 7,800 SF; Three apartments plus a 1,200 SF ground‑floor restaurant and 1,800 SF lower level; Two approximately 2,000 SF four‑bedroom, 2.5‑bath apartments and one approximately 800 SF one‑bedroom, one‑bath apartment
(312) 676-1866 Call to check price and availability
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