6135 N ELSTON Avenue Chicago, IL $ 849,000
6135 N ELSTON Avenue
$ 849,000
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6135 N ELSTON Avenue

Chicago, IL, 60646
$ 849,000
Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

$ 5,361

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Commercial Property for sale in Chicago, IL

for $849,000. This 2,300 square foot building was built in 1967 on a lot size of 0.137741.

Rare turnkey mixed-use opportunity with an adjacent paved and gated lot in Chicago's Norwood Park neighborhood. The approximately 1,375-square-foot commercial space features two private offices, a conference room, reception area, bright front lobby/showroom and two washrooms. An attached approximately 1,000-square-foot warehouse/garage includes an industrial-grade epoxy floor and a 10-foot-high by 14-foot-wide overhead door-ideal for storage, service operations, light industrial use or fleet parking. The second floor offers a spacious, well-maintained approximately 1,700-square-foot apartment with two bedrooms and 1.5 baths, providing excellent rental potential or an ideal live-on-site option for an owner-operator. The sale also includes an approximately 3,000-square-foot paved and gated adjacent lot, offering additional parking, outdoor storage, expansion or future redevelopment potential. Delivered fully vacant for immediate occupancy or leasing, with separate entrances, B3-1 zoning and convenient access to I-90 and I-94. Pro forma projections reflect $76,200 in annual gross income and $54,018 in NOI, representing an estimated 6.36 cap rate at the current asking price. Tenants are responsible for gas and electricity. All income and expense figures are estimates; buyer to independently verify financial information, zoning and permitted uses.

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Commercial Active

Price

$ 849,000

Property Type

Commercial

Taxes

$ 10,182

Style

Commercial

Lot Size

0.137741

Year Built

1967

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12744887

Features
General
Cooling Central Air
Possession Closing
Roof Tar/Gravel
Construction Materials Brick
Year Built 1967
Electric Circuit Breakers Service - 0 to 100 Amps
Stories Count 2
Township Jefferson
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial
Gross Income 76200
Additional Parcels Description 13051130390000
County Cook
Net Operating Income 48018
Operating Expense 20982
Insurance Expense 5000
Property Type Commercial Sale Mixed Use
Status New
Directions NORTH ON ELSTON TO WHERE IT MEETS MILWAUKEE NEAR DEVON
City Chicago
Number Of Units Total 2
MLS Area CHI - Norwood Park
Lot Size Square Feet 6000
Tax Annual Amount 10182
Electric Expense 3600
Fuel Expense 2400
Trash Expense 1300
Water Sewer Expense 1800
Additional Parcels Y/N Y
Virtual Tour https://youtu.be/MwfxXiiCDkQ
Standard Status Active
Cap Rate 6.5
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Interior
Flooring Wood
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 2300
Lot Dimensions 50 X 120
Frontage Type City Street
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

Maria@thedmregroup.com

Email

Affordability Calculator

$6,209
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,361
Monthly Property Taxes
$849
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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$849,000 Listed Price

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6135 N ELSTON Avenue, Chicago, IL, 60646 is a Commercial Property for sale at $849,000 with 2,300 sqft and a lot size of 0.137741. 6135 N ELSTON Avenue was built in 1967. The property's zip code is 60646 which is in Chicago, IL