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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

3489 North Elston Avenue, Chicago, IL 60618

Ground-floor commercial space with a residential unit above and rear parking.

Property SizeContact for details
Days on Market120

Property Features for 3489 North Elston Avenue

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Mixed Use
Zoning C1-2

Additional Details

Multifamily Units 1

Building Details

Year Built 1917
Buildings 1
Tenancy Multi
Listing Agency: Baum Realty Group
Listed By: Ari Topper · License #IL 475.132043
Source: Crexi
Added: May 7 Changed: Aug 31 Last Checked: Aug 30 at 8:58PM

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 Baum Realty Group

Investment Insights

Based on property information with market context.

Located at 3489 North Elston Avenue in Chicago, this mixed-use property was built in 1917 and carries C1-2 zoning. The recently renovated building combines commercial and residential components, with ground-floor business space and a basement supporting flexible occupancy options.

The commercial portion has undergone a full interior renovation and is configured for office or creative use. A residential unit occupies the level above, creating a combination of owner-use and income-producing space. A rear parking lot provides on-site parking for 4 - 6 vehicles.

Key Highlights

  • C1‑2 zoning at 3489 North Elston Avenue, Chicago, IL 60618
  • Recently renovated ground‑floor commercial space with basement
  • Commercial layout suited to office or creative use

Property Analytics

Current Use

Level Architecture Incorporated Architect

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Nursing Home Skin Care Clinic Tanning Salon 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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,074
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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space with a residential unit above and rear parking.
Where is this mixed-use property located?
The property is located at 3489 North Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: C1‑2 zoning at 3489 North Elston Avenue, Chicago, IL 60618; Recently renovated ground‑floor commercial space with basement; Commercial layout suited to office or creative use
(312) 751-0300 Call to check price and availability
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