3451 W Peterson Avenue Chicago, IL ^$ 1,450,000

3451 W Peterson Avenue

^$ 1,450,000

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3451 W Peterson Avenue

Chicago, IL, 60659

^$ 1,450,000

Bedrooms-- Baths-- Sq 18,000

Monthly Estimate*

^$ 8,928

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Commercial Property for sale in Chicago, IL

for $1,450,000. This 18,000 square foot building was built in 1956 on a lot size of 0.308999.

Two-story commercial building with adjacent one-story commercial building and rear parking available for sale in North Park/Pulaski. Prominent corner location on high-traffic Peterson Avenue with approx. 30,000 vehicles driving by daily. Former furniture store. Ideal for an owner-user or investor. Suitable for retail, office, or personal service uses. Property includes a 10,000 SF full basement. There is opportunity for redevelopment. Lot square footage of 13,640, currently with B1-1 zoning.

Commercial Active

Price

^$ 1,450,000

Property Type

Commercial

Taxes

^$ 60,801

Style

Lot Size

0.308999

Year Built

1956

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12595679

Features

General

Cooling Central Air Zoned

Utilities Electric to Site Natural Gas Available Sewer Connected Water Available

Possession Closing

Zoning RTAIL

Construction Materials Brick Divisible

Year Built 1956

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays All Utilities

Stories Count 2

Township Jefferson

Tax Year 2024

Gross Income 0

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status New

Directions Peterson Avenue to 3451 W. Peterson Ave.

City Chicago

Number Of Units Total 2

MLS Area CHI - North Park

Lot Size Square Feet 13460

Tax Annual Amount 60801

Additional Parcels Y/N N

Leasable Area 20000

Standard Status Active

Exterior

Water Source Municipal Water

Foundation Details Block Brick/Mortar Concrete Perimeter

Building Area Total 18000

Lot Dimensions 107.72 FT X 125 FT X 107.72 FT BY 125 FT

Frontage Type City Street

* Excluded Features

List By

Strauss Realty Ltd

Broker

mj@straussrealty.com

Affordability Calculator

$13,995

Per Month

Monthly Principal & Interest: $8,928
Monthly Property Taxes: $5,067
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$976,210

Percent of Sale Price 33%

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
3/18/2026	$1,450,000		Listed Price

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3451 W Peterson Avenue, Chicago, IL, 60659 is a Commercial Property for sale at $1,450,000 with 18,000 sqft and a lot size of 0.308999. 3451 W Peterson Avenue was built in 1956. The property's zip code is 60659 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

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Data is updated as of 3/20/2026.

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3451 W Peterson Avenue

Commercial Property for sale in Chicago, IL

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