3256 N Elston Avenue Chicago, IL ^$ 1,249,000

3256 N Elston Avenue

^$ 1,249,000

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3256 N Elston Avenue

Chicago, IL, 60618

^$ 1,249,000

Bedrooms-- Baths-- Sq 5,368

Monthly Estimate*

^$ 7,792

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Commercial Property for sale in Chicago, IL

for $1,249,000. This 5,368 square foot building was built in 1916 on a lot size of 0.14348.

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

Commercial Active

Price

^$ 1,249,000

Property Type

Commercial

Taxes

^$ 12,438

Style

Lot Size

0.14348

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12185523

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing

Zoning OTHER

Construction Materials Brick

Year Built 1916

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories Count 1

Township Jefferson

Tax Year 2023

Gross Income 108000

County Cook

Net Operating Income 86802

Operating Expense 21198

Insurance Expense 6000

Property Type Commercial Sale Mixed Use

Status Active

Directions North or south on Elston Ave to the property. Corner of Elston and Francisco.

City Chicago

Number Of Units Total 3

MLS Area CHI - Avondale

Lot Size Square Feet 6250

Tax Annual Amount 12438

Electric Expense 360

Fuel Expense 1200

Trash Expense 0

Water Sewer Expense 1200

Additional Parcels Y/N Y

Virtual Tour https://youtu.be/LWCecHQu59g

Standard Status Active

Total Actual Rent 5000

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Building Area Total 5368

Lot Dimensions 50 X 125

* Excluded Features

List By

Chicagoland Brokers, Inc.

Broker

pa@parealty.us

Affordability Calculator

$8,829

Per Month

Monthly Principal & Interest: $7,792
Monthly Property Taxes: $1,037
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,030,376

Percent of Sale Price 18%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$1,249,000	-0.08%	Price Down
9/12/2025	$1,250,000	-3.47%	Price Down
8/22/2025	$1,295,000	-2.26%	Price Down
4/26/2025	$1,325,000		Listed Price

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3256 N Elston Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $1,249,000 with 5,368 sqft and a lot size of 0.14348. 3256 N Elston Avenue was built in 1916. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/10/2025.

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3256 N Elston Avenue

Commercial Property for sale in Chicago, IL

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