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Gut-Rehabbed Retail Space with Apartment
For Sale
$699,000

3044 W Irving Park Road, Chicago, IL 60618

Irving Park retail space with apartment and high traffic.

Property SizeContact for details
Days on Market116

Property Features for 3044 W Irving Park Road

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,361

Amenities

Central air
Central Air Cooling
Rubber Roof

Building Details

Year Built 1906
Listing Agency: CENTURY 21 S.G.R., INC.
Listed By: SCOTT POWERS · License #475192535
Source: Corcoran
Added: Apr 20 Changed: Aug 12 Last Checked: Aug 12 at 6:33AM

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 CENTURY 21 S.G.R., INC.

Investment Insights

Based on property information with market context.

This property features a gut-rehabbed street-level retail space in Irving Park, enhanced by new storefront windows. The layout includes an open floorplan, a private office, a restroom, and a kitchenette. A fully-finished basement offers potential for creative use, training, recreation, or storage. Gated parking is available at the rear of the property. The second floor contains a residential unit that is currently leased to a tenant for $2,500 per month. Situated on Irving Park Road, the location benefits from high visibility with almost 30,000 vehicles passing daily. The B3-1 zoning allows for a variety of business uses. A bus stop at the corner provides convenient public transportation, with access to the Metra and Blue Line. The surrounding area includes new developments, family-owned restaurants, local shops, and a residential neighborhood.

Key Highlights

  • Gut‑rehabbed street‑level retail space with grand, all‑new storefront windows
  • High‑traffic location on Irving Park with almost 30,000 vehicles per day (VPD)
  • Includes a 2nd‑floor residential unit currently leased for $2,500/month

Property Analytics

Current Use

ParkChicago #456101 Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Bed & Breakfast Home Appliance Store Butcher Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

2,116
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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Irving Park retail space with apartment and high traffic.
Where is this retail space located?
The property is located at 3044 W Irving Park Road Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Gut‑rehabbed street‑level retail space with grand, all‑new storefront windows; High‑traffic location on Irving Park with almost 30,000 vehicles per day (VPD); Includes a 2nd‑floor residential unit currently leased for $2,500/month
More about this property
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