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6135 N Elston Avenue Chicago, IL 60646

$849,000
New / MLS# 12744887 / Commercial - Business / Chicago
0 Beds
2300 SqFt

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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Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.14 Acres
Roof Type: Tar/Gravel
Stories: 2.0
Taxes: $10,182
Year Built: 1967

Feature Descriptions

Current Use: Commercial
Drains: Enclosed Stairs, Storms and Screens (as exist)
Electric: Circuit Breakers, Service - 0 to 100 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s
Flooring: Wood
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Mixed Use Area
Lot Dimensions: 50 X 120
Miscellaneous Indoor: Private Restroom/s
Miscellaneous Outdoor: Enclosed Stairs, Storms and Screens (as exist)
Parcel#: 13051130380000
Parking: 13-18 Spaces
Units: 2

Location

See details and scored characteristics about this location.

Listing Office: @properties Christie's International Real Estate

Listing Office Phone: 847-797-0200



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