3938 N Central Avenue Chicago, IL $ 689,900
3938 N Central Avenue
$ 689,900
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3938 N Central Avenue

Chicago, IL, 60634
$ 689,900
Bedrooms-- Baths-- Sq 2,712

Monthly Estimate*

$ 4,304

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Commercial Property for sale in Chicago, IL

for $689,900. This 2,712 square foot building was built in 1950 on a lot size of 0.079821.

Rare turnkey fully renovated restaurant with fully remodeled 2-bed apartment above in a prime location. This 1,700 sq. ft. restaurant space features estimated seating for 75 indoors and 40 on a custom patio with luxury pergola, fire table and newer flooring. Fully equipped kitchen includes new fryer, Matok double oven, refrigeration, and full bar with draft system and POS setup. This whole place has been gutted to the studs and renovated this year. Recent upgrades include new HVAC (2022 & 2024), hot water heater (2025), new electrical, plumbing, and flooring throughout. The 1,200 sq. ft. apartment offers brand-new kitchen, bath, in-unit laundry, and rooftop access-ideal for owner-occupancy or rental. Liquor license was previously in place but expired June 2024; all equipment included but sold as-is. This is an incredible opportunity to get into a fully renovated space that is ready to go!

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Commercial Contingent

Price

$ 689,900

Property Type

Commercial

Taxes

$ 7,384

Style

Commercial

Lot Size

0.079821

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12403621

Features
General
Cooling Central Air Zoned
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1950
Electric Service - 101 to 200 Amps
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Possible Use Commercial Multi-Family Retail
Status Contingent
Directions Central (5600W) south of Irving Park (4000N) 1 block
City Chicago
Number Of Units Total 2
MLS Area CHI - Portage Park
Lot Size Square Feet 3477
Tax Annual Amount 7384
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Building Area Total 2712
Lot Dimensions 27.6 X 126
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* Excluded Features
List By
Rothman Real Estate

Broker

rothman.sarah@gmail.com

Email

Affordability Calculator

$4,919
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$615
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2025$689,900 -1.43% Price Down
6/25/2025$699,900 Listed Price

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3938 N Central Avenue, Chicago, IL, 60634 is a Commercial Property for sale at $689,900 with 2,712 sqft and a lot size of 0.079821. 3938 N Central Avenue was built in 1950. The property's zip code is 60634 which is in Chicago, IL