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Brick Duplex with Walk-Out Basement
For Sale
$1,138,000

3262 N Elston Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market8

Property Features for 3262 N Elston Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 2, Bathroom 5, Basement, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 8
Parking 2
Parking features Garage
Patio and Porch features Patio
Basement Walk-Out Access, Full, Finished, Walk-Up Access
Elementary school district 299
Middle school district 299
High school district 299
Directions North or South on Elston Ave to the property.
Subdivision CHI - Avondale
Standard status Active
APN 13243220240000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9047

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1998
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX 10 · RE/MAX International
Listed By: Juanita Flores · License #475-124-407
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 17 at 12:06AM
MLS# 12756803

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 brick duplex, built in 1998, includes two primary apartments with three bedrooms and 1 1/2 baths each. A finished walk-out basement contains a two-bedroom, one-bath garden apartment identified as nonconforming. Three furnaces provide separate heating for the living spaces, while the property also includes a garage and patio. Kitchen and bathroom improvements were completed in 2018-2019, the house and garage roof were replaced in 2019, and two air-conditioning systems were updated between 2018 and 2020.

Located at 3262 N Elston Avenue in Chicago, the property is directly across from Brands Park Field House and Chicago Park District recreational facilities. The site has MULTI zoning, public water, and public sewer service. The building is constructed of brick and has an asphalt roof.

Key Highlights

  • Two primary apartments, each with 3 bedrooms and 1 1/2 baths
  • Finished walk‑out basement garden apartment with 2 bedrooms and 1 full bath
  • Three furnaces provide separate heating for each living space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Restaurant Clothing & Fashion Store Butcher

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,819
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Updated brick duplex with separate heating, a garage, patio, and a finished walk-out basement apartment.
Where is this duplex located?
The property is located at 3262 N Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,138,000.
What are key features of this property?
This property features: Two primary apartments, each with 3 bedrooms and 1 1/2 baths; Finished walk‑out basement garden apartment with 2 bedrooms and 1 full bath; Three furnaces provide separate heating for each living space
More about this property
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