3256-3258 N Elston Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60618- Avondale
$1,295,000 USD
773-294-7534
3256-3258 N Elston Ave, Chicago, IL for Sale
$1,295,000 USD
Storefront Retail/Residential - FOR SALE
1/68
null | Request Cap Rate

3256-3258 N Elston Ave
Chicago, IL 60618
Avondale


HIGHLIGHTS

  • HIGHLY VISIBLE PRIME AVONDALE CORNER
  • PERFECT FOR OWNER USER
  • PART OF THE BOOMING AVONDALE RESTAURANT SCENE
  • SIX CAR PARKING LOT
  • 15,000 CARS DAILY

OVERVIEW

AVONDALE ---MIXED USE CORNER BUILIDING 3256-58 North Elston Avenue, Chicago, Illinois 60618 1 block north of Belmont, across from Brand Park Former site of the legendary Nellys for 35 years SET UP YOUR BUSINESS IN RED HOT AVONDALE PERFECT FOR OWNER-USER Terrific restaurant/business opportunity in booming Avondale 5368 BUILDING SQUARE FEET 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 THIS IS A VERY ACTIVE RESTAURANT AREA—-NEIGHBORS INCLUDE : Kumas Corner, Eden, Thattu, Barra N, The Beer Temple, Avondale Coffee Club, Jaiyen Sushi, Cafe Tola, Dark Matter, Traspasada, Tribeca's Sandwich Shop, Cafe Urbano, Zig Zag Kitchen, Honey Butter Fried Chicken MANY NEW DEVELOPMENTS NEARBY THIS INCLUDES SEVERAL MAJOR PROPOSED TOWNHOUSE COMPLEXS WITHIN SEVERAL BLOCKS, ABOUT 40 NEW UNITS RESTAURANT 2500SF / nice interior with original tray ceiling at 11 feet, hardwood floors, can and accent lighting, mirrored walls. Nicely divided into several areas with a wet bar, two public bathrooms, kitchen with 7'hood. Any visible equipment will be included. TWO BEDROOM / TWO BATHROOM---1276SF CORNER APARTMENT---3258-2 private entrance with skylight / blonde wood floors / two chandeliers / char rail moldings / dimmers / visible furnishings included/ custom main bathroom with jacuzzi+vanity, all marble tile, can lighting, 2nd bathroom with shower, vanity / front bedroom with French doors / mirrored closet doors / kitchen with granite counters, 36 inch cabinets / double bowl sink / stove, micro, fridge--all stainless / pantry closet with mirrored doors / back sun room TWO BEDROOM / ONE BATHROOM---925SF INSIDE UNIT---3256-2 private entrance / center skylight / living room / dining area / kitchen with stainless stove-fridge / corner sink SIX CAR PARKING LOT TIF/RS-3 ZONING—-2 city lot (about 6000SF) Two pin numbers 3256 13-24-322-026-0000 $5,501.85 3258 13-24-322-025-0000 $6,936.39 2023 TAXES---$12,348.24 VERY ACCESSIBLE LOCATION Very close to the Kennedy ramps via Sacramento, Kedzie, California 15 minute walk to the Blue Line at Kimball too

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,155 SF

ZONING

TIF/RS-3

APN/PARCEL ID

13-24-322-025-0000,13-24-322-026-0000

ASK ABOUT THIS PROPERTY

Alberto GonzalezExit Strategy RealtyMore Info
773-294-7534

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Alberto GonzalezExit Strategy RealtyMore Info
773-294-7534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.