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Brick Multifamily Property
New
For Sale
$650,000

2959 N ELSTON Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 2959 N ELSTON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking 2
Parking features Open, Garage
Fencing Fenced
Basement Unfinished, Exterior Entry, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions FROM 90/94, GO NORTH ON WESTERN. TURN LEFT ONTO N. ELSTON. 2959 IS ON THE RIGHT (EAST) SIDE OF STREE
Subdivision CHI - Avondale
Standard status Active
APN 13252190080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9878

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Space Heater

Building Details

Year built 1902
Building materials Brick
Roof type Flat
Listing Agency: Compass
Listed By: Andrew Wendt · License #471010510
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 12720299

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1902 multifamily property is constructed of blond brick and includes four bedrooms, two bathrooms, and a basement with separate ingress and egress. The basement configuration may support creation of a garden unit. The building has a flat roof, forced-air and natural-gas heating, space-heater service, public sewer, open parking, garage parking, and fencing.

The property is on N Elston Avenue in Chicago’s East Avondale area, along a quieter stretch of Elston. It is near the Belmont, Elston, and California intersection, with access to Logan Square, Roscoe Village, the Metra station at Clybourn and Ashland, and I-90/I-94. MULTI zoning supports the property’s multifamily classification.

Key Highlights

  • 1902 blond brick multifamily building
  • Four bedrooms and two bathrooms
  • Basement with separate ingress and egress

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Accounting Firm Electrical Service Discount Store Building Supply

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,245
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?
Multifamily property - Four-bedroom layout with a basement offering separate ingress and egress for possible garden-unit development.
Where is this multifamily property located?
The property is located at 2959 N ELSTON Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1902 blond brick multifamily building; Four bedrooms and two bathrooms; Basement with separate ingress and egress
More about this property
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