4869 North Elston Avenue, Chicago, IL

Photo

7,300 ft²
Multifamily
$795,000
Sale


Ross Goldstein
Ross Goldstein
InSite Commercial Realty

Sale Description

  • Well-maintained 6-unit Mixed-Use Property with a stable Tenant base and historically low vacancies
  • Includes five 2BR/1Bath Apartments and 1 Retail Space (occupied as a Barber Shop since 19xx)
  • Very stable Tenant Base with minimal historical vacancy
  • Adjacent Lot currently used for parking, accommodates up to 7 cars, with a 2-car Garage in the back portion of the Lot. Lot can be redeveloped into residential
  • Favorable Real Estate Taxes: $11,943 (2019)
  • PIN(s): 13-10-315-030 and 031 (2)
  • Zoning: C1-1 allows for a wide variety of commercial uses and residential above the ground floor
  • Traffic Count: 15,400/day
  • Year Built: 1931
  • Located on major north-south arterial just north of Lawrence with easy access to the Edens Expressway
  • Actively managed by Long Term Ownership


The Space
Asking Price$795,000
Available Space7,300 ft²
SourceBuildout

The Building

location

Property TypeMultifamily
Floors3
Building Size7,300 ft²
Lot Size0.17 AC
ZoningC1-1
Year Built1931
Parking Ratio1.1/1000sf
Parking Spaces8

Commercial Location Score