3256 N Elston Avenue
Chicago, IL 60618

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Description

SET UP YOUR BUSINESS IN RED HOT AVONDALE | PERFECT FOR OWNER-USER | Terrific restaurant/business opportunity in booming Avondale | 5368 BUILDING SQUARE FEET | MANY NEW DEVELOPMENTS NEARBY | THIS INCLUDES SEVERAL MAJOR PROPOSED TOWNHOUSE COMPLEXS WITHIN SEVERAL BLOCKS 2500SF restaurant with two full basements, 2000SF of storage/ 5k monthly rent estimate Plus---TWO 2-bedroom apartments / 4k monthly total rent estimate for apartments TOTAL MONTHLY BUILDING RENT ESTIMATE ABOUT 9K A MONTH OR 108,000 PER YEAR Great corner visibility!---15,000 cars per day traffic VERY ACCESSIBLE LOCATION Very close to the Kennedy ramps via Sacramento, Kedzie, California 15 minute walk to the Blue Line at Kimball too

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60618
• Year Built: 1916
• Sq.Ft.: 5,368 sq ft
• Stories: 1
• Units: 3 units
• # Of Apts: 2
• # Of Stores: 1
• Additional Parcels: Yes
• Approximate Age: Older
• Building Area Total: 5368
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air
• Directions: North or south on Elston Ave to the property. Corner of Elston and Francisco.
• Electric: Circuit Breakers
• Electric Expense: 360
• Electric Expense Source: Owner Projection
• Expense Year: 2024
• Fire Protection: Fire Extinguisher/s
• Foundation Details: Concrete Perimeter
• Fuel Expense: 1200
• Fuel Expense Source: Owner Projection
• Geographic Locale: Chicago North
• Gross Income: 108000
• Gross Rent Multiplier: 12.9
• Gross Scheduled Income: 108000
• Heat/Ventilation: Forced Air, Hot Water
• Information: List Broker Must Accompany
• Insurance Expense: 6000
• Insurance Expense Source: Owner Projection
• Lot Size Square Feet: 6250
• Main Type: Commercial Sale
• Operating Expense: 21198
• Original Rental Price: 20
• Other Expense Source: Owner Projection
• Outdoor Parking: 1-5 Spaces
• Rental Price: 20
• Retail SqFt: 3000
• Tax Annual Amount: 12438
• Tax Year: 2023
• Tenant Pays: Electricity, Heat
• Total Actual Rent: 5000
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 9000
• Township: Jefferson
• Trash Expense Source: Owner Projection
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected
• Virtual Tour Date: 2025-10-10T17:27:17
• Water Expense Source: Owner Projection
• Water Sewer Expense: 1200
• Water Source: Municipal Water