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2958 N Narragansett Avenue Chicago, IL 60634

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For Sale
$1,000,000

Commercial property with auto repair building on a corner lot.

Type:Land or Vacant Lot
Property size:
2,500 SF
Lot size:
0.26 Acres
Added:
Dec 10, 2025
Days on Market:
132
Last Refresh:
Apr 5 at 9:43 pm

Property Features for 2958 N Narragansett Avenue

General Information

Standard status
Active
Size
2,500 SF
Lot size
0.26 Acres
Property subtype
Land or Vacant Lot

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Listing Contact
ADAM LENCHNER

Listing agent ADAM LENCHNER License #475191332

Listing office ALLURE REAL ESTATE

Listing date Dec 10, 2025

Source Corcoran

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 ALLURE REAL ESTATE


Overview

Narragansett Avenue Commercial Opportunity

Located in Chicago's Montclare neighborhood, the property at 2958 N Narragansett Ave is a commercial asset situated on a corner, signalized site. The rectangular parcel spans 11,250 square feet (90 X 125) and features a one-story, 2,500-square-foot masonry and frame building constructed in 1942. The building is currently maintained in average overall condition. The property's highest and best use is its continued operation as a commercial development. The structure includes 16-foot clear ceilings in the shop area, two large overhead doors, dedicated small office space with separate climate control, and a fully fenced yard. Access is available from Narragansett, Wellington Avenue, and a rear alley with multiple curb cuts. Normal utilities, including sewer, water, gas, and electricity, are available. The commercial parcel offers an immediate land assembly opportunity with the adjacent residential income property at 2948 N Narragansett Ave, which is separately available for purchase. Consolidating both adjacent parcels creates a contiguous site totaling approximately 15,000+ square feet of land, offering estimated overall combined dimensions of 120 feet of frontage on Narragansett by 125 feet deep. The neighboring 2948 N Narragansett property is a complementary two-unit residential multi-family building totaling 2,837 square feet of gross building area, featuring recent updates and would generate an estimated $3,100 gross monthly market rent from its two units (a 1-bedroom garden unit and a 3-bedroom duplexed unit). This combined offering presents potential for an integrated commercial operation, expansion, or ground-up redevelopment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Similar Places Nearby

  • Montclare Auto Repair 6902 W Diversey Ave, Chicago, IL 60707
  • Kraj Auto & Truck Repair Services 6148 W Diversey Ave, Chicago, IL 60639
  • Brickyard Auto Repair 6506 W Diversey Ave, Chicago, IL 60707
  • Zz- z Chicago, IL 60639
  • Top Motors Complete Auto Care 6002 W Diversey Ave, Chicago, IL 60639

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7862
Latitude
41.9344

FAQs

What type of property is this?
Auto shop - Commercial property with auto repair building on a corner lot.
Where is this auto shop located?
The property is located at 2958 N Narragansett Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High‑visibility corner location on Narragansett Avenue.; Land assembly opportunity with adjacent residential property for a combined 15,000+ sq ft site.; Turn‑key commercial structure with **16‑foot clear ceilings, two overhead doors, and a fenced yard**, ideal for motor vehicle users.
More about this property
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