Mixed-Use Building With
New
For Sale
$2,945,000
3124 N Broadway Street, Chicago, IL 60657
Fully occupied property combines a leased bakery-bistro storefront with renovated apartments and dedicated rear parking.
Property SizeContact for details
Days on Market3
Property Features for 3124 N Broadway Street
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$49,562
Amenities
hardwood floors
custom fixtures
stainless-steel appliances
in-unit laundry
individual central HVAC
Central air
Central Individual Cooling
Building Details
Year Built
1916
Year Renovated
2020
Buildings
1
Tenancy
Multi
Listing Agency:
TRITON REALTY GROUP LLC
(312) 788-9379
Listed By:
MATTHEW FRITZSHALL · License #471016941
(847) 778-8746
Source:
Corcoran
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 2 at 2:00PM
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 TRITON REALTY GROUP LLC
Investment Insights
Based on property information with market context.
Built in 1916, this mixed-use property includes a 3,800-square-foot ground-floor storefront leased to Oak Honey, a bakery and bistro, through September 2029. The lease includes two absolute personal guaranties and two five-year renewal options that can extend the term through 2039. The commercial space is supported by a Broadway retail corridor setting in Lakeview East.
The residential component consists of four 900-square-foot apartments, each configured with two bedrooms and one bath. Renovated in 2020, the units feature hardwood floors, custom fixtures, stainless-steel appliances, in-unit laundry, and individual central HVAC. All five units are separately metered, and the property includes five rear parking spaces. The building is fully occupied.
The residential component consists of four 900-square-foot apartments, each configured with two bedrooms and one bath. Renovated in 2020, the units feature hardwood floors, custom fixtures, stainless-steel appliances, in-unit laundry, and individual central HVAC. All five units are separately metered, and the property includes five rear parking spaces. The building is fully occupied.
Key Highlights
- Five‑unit mixed‑use property with a 3,800 SF ground‑floor storefront
- Storefront leased to Oak Honey through September 2029
- Four 900 SF two‑bedroom/one‑bath apartments renovated in 2020
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,761
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied property combines a leased bakery-bistro storefront with renovated apartments and dedicated rear parking.
Where is this mixed-use property located?
The property is located at 3124 N Broadway Street Chicago, IL.
What is the asking price?
The asking price for this property is $2,945,000.
What are key features of this property?
This property features: Five‑unit mixed‑use property with a 3,800 SF ground‑floor storefront; Storefront leased to Oak Honey through September 2029; Four 900 SF two‑bedroom/one‑bath apartments renovated in 2020
