4163 N Elston Avenue
Chicago, IL, 60618 $ 600,000
Bedrooms-- Baths-- Sq 3,316 Monthly Estimate*
$ 3,788
for $600,000. This 3,316 square foot building was built in 1935 on a lot size of 0.059688.
Live above the store! Income Opportunity! Mixed-use, previously a three unit building. This unique property has residential access off Elston and commercial access off Hamlin. It features a three bedroom residential unit in addition to a warehouse space with a heated workshop and a storefront. This Property has 3-phase electrical service, which is ideal for a wide variety of equipment. This could be an amazing income opportunity for a live-in business owner or an investor. This property was formerly a 1,800 sf multi-level tool & die shop with offices, storefront,400 AMP electric, drive-in garage, plus basement before the current owner. CURRENTLY USED AS a 3-bedroom, 1,500 sf apartment which offers a large kitchen, dining room, living room, in-unit laundry, central heat/air & family room w/sliding doors leading to a huge rooftop deck. Rear entrance to shop located on Hamlin Ave, not an alley. Nice high visibility. CAPITAL IMPROVEMENTS INCLUDE: Furnace & air conditioning 2015, Windows 2013 & 2017, Bathrooms renovated in 2013 & 2018, Kitchen remodeling in 2014, Water heater 2016, City required exit signs hardwired for business area. 2022, Second floor air conditioner replaced 2022, Tuck pointing 2023, Furnace installed in garage 2023, New sump pump 2025, Roof serviced in 2023/2026, New commercial entry door to second floor. Extremely well cared for a very versatile property!
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FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing Negotiable
Roof Membrane Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1935
Electric Circuit Breakers Service - 201 to 600 Amps Power - 240V
Tenant Pays Electricity Other
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Current Use Other
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 10385
Insurance Expense 1850
Property Type Commercial Sale Mixed Use
Possible Use Other
Status New
Directions Elston ave at Hamlin between Irving & Montrose
City Chicago
Number Of Units Total 2
MLS Area CHI - Irving Park
Lot Size Square Feet 2600
Tax Annual Amount 8046
Electric Expense 2183
Fuel Expense 2580
Trash Expense 0
Water Sewer Expense 250
Additional Parcels Y/N N
Standard Status Active
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InteriorFlooring Varies
Total Fireplaces 0
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 3316
Lot Dimensions 25' X 90' X 24' X 25' X 13' X 80'
Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,788
- Monthly Property Taxes
- $671
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $958,843
Percent of Sale Price 60%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/24/2026 | $600,000 | | Listed Price |