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Mixed-Use Building in Irving Park
For Sale
$725,000
Pending

4375 N Elston Avenue, Chicago, IL 60641

Two-story mixed-use building with office space and apartments in Chicago.

Property Size6,460 SF
Lot Size0.11 Acres
Days on Market131

Property Features for 4375 N Elston Avenue

General Information

Standard status Pending
Size 6,460 SF
Lot size 0.11 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $17,315

Building Details

Year Built 1916
Listing Agency: THE WILCOX COMPANY
Listed By: BRIAN RIPP · License #475138860
Source: Corcoran
Added: Apr 15 Changed: Aug 15 Last Checked: Aug 14 at 7:25AM

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 THE WILCOX COMPANY

Investment Insights

Based on property information with market context.

This 6460 square foot, two-story mixed-use building is located on a 4670 square foot land site in Chicago's Irving Park neighborhood, offering a live/work setup. The first floor features a large office shop plus a garage, with a clear height of 11 feet 6 inches. The second floor contains two vacant apartments: one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit. There are separate stairs to Elston Avenue for each apartment, plus stairs to the alley. The property is situated four blocks from the Irving Park Road interchange on the Kennedy Expressway and close to the Montrose Avenue southbound ramp to the Kennedy and Wilson Avenue northbound ramp to the Edens Expressway. It is also four blocks from the Irving Park and six blocks from the Montrose CTA Blue Line stations and on the Pulaski / #53 bus route, steps from the Montrose stop and the #78 bus. Nearby amenities include Old Irving Brewery, JT's Genuine Sandwich, Smoque BBQ, Breakfast House, Cozy Corner, and Lou Malnati's, as well as two Leona's locations. Street parking is available. The property is located in the 39th ward.

Key Highlights

  • 6460 sf mixed‑use building ideal for live/work setup.
  • Large first‑floor office/shop space with garage and 11' 6" clear height.
  • Two vacant 2nd‑floor apartments: a 2‑bedroom/2‑bathroom and a 1‑bedroom/1‑bathroom.

Property Analytics

Current Use

Northwest Plumbing Co. Plumbing Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Skin Care Clinic Bed & Breakfast 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.

Location Intelligence

Trade Area within ½ mile

2,568
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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 - Two-story mixed-use building with office space and apartments in Chicago.
Where is this mixed-use property located?
The property is located at 4375 N Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 6460 sf mixed‑use building ideal for live/work setup.; Large first‑floor office/shop space with garage and **11' 6" clear height**.; Two vacant 2nd‑floor apartments: a 2‑bedroom/2‑bathroom and a 1‑bedroom/1‑bathroom.
More about this property
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