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2-Flat with Garden Unit
For Sale
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2846 N Elston Avenue, Chicago, IL 60618

Well-maintained two-flat in Avondale with separate unit features, outdoor space, and recent major improvements.

Property SizeContact for details
Days on Market60

Property Features for 2846 N Elston Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Business Included Yes
Clear Height 10 ft
Multifamily Units 2

Building Details

Year Built 1887
Listing Agency: Compass
Listed By: Elias Masud · License #475184073
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Jul 25 at 11:50AM

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 Compass

Investment Insights

Based on property information with market context.

This well-maintained 2-flat includes two primary residential units plus a non-conforming garden unit. The first-floor unit features an open layout with soaring 10-foot ceilings, while the second-floor unit includes the convenience of an in-unit washer and dryer. Each unit offers its own three-season room, and the property is complemented by a landscaped patio. A detached two-car garage adds practical off-street parking. Recent updates completed within the last three years include newer HVAC systems for all units, updated electrical, new front and rear exterior doors, refreshed kitchen flooring on the first floor, updated countertops on the second floor, and patio landscaping enhancements.

The property is located in the heart of Avondale, with nearby everyday conveniences including coffee shops, craft breweries, restaurants, and multiple grocery options. The surrounding area is described as continuing to attract tenant activity.

Designed to appeal to both owner-occupants and investors, the layout offers multiple independent living spaces with in-unit laundry on the second floor and dedicated three-season rooms for additional usable space. The combination of updated building systems, improved interiors, and outdoor/patio amenities supports a comfortable ownership experience while providing flexibility through the additional garden unit configuration.

Key Highlights

  • 2‑flat built in 1887 in Avondale with two separate units and outdoor space
  • First‑floor unit features soaring 10‑foot ceilings and an open layout with a three‑season room
  • Second‑floor unit includes an in‑unit washer and dryer plus a three‑season room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Nursing Home Florist Tanning Salon

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

10 ft
Clear height
2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,101
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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?
Duplex - Well-maintained two-flat in Avondale with separate unit features, outdoor space, and recent major improvements.
Where is this duplex located?
The property is located at 2846 N Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 2‑flat built in 1887 in Avondale with two separate units and outdoor space; First‑floor unit features soaring 10‑foot ceilings and an open layout with a three‑season room; Second‑floor unit includes an in‑unit washer and dryer plus a three‑season room
More about this property
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