Listing provided courtesy of Engel & Voelkers ChicagoMREDas Distributed by MLSGrid- MLS# 12571331MLS Provider

4369 N Elston AvenueChicago, IL 60641

Commercial · 5,034 Sq. ft.
$799,000 Active

4369 N Elston Avenue Overview

Time on Site:
117 days
Visits:
1

Positioned in the heart of the Irving Park/Old Irving Park area, 4369 N Elston Ave is a meticulously maintained 5,000+ sq. ft. brick building offering strong income potential and redevelopment flexibility. With B3-2 zoning and proximity to the Montrose Blue Line, this property is ideal for investors or owner-operators seeking a turn-key mixed-use asset. The spacious ground-floor unit features expansive windows and two commercial-grade restrooms. Formerly a neighborhood tavern, the space is ideal for restaurant, bar, cafe, retail, office, or other commercial uses, ready for a new concept or continued hospitality operations. Upstairs includes two updated 2-bedroom, 1-bath apartments: One unit is occupied by a long-term, month-to-month tenant below market One unit is vacant, offering immediate value-add potential at market rents ($1,800-$2,000/month each) In-unit side-by-side washer & dryer Central AC and separate water heaters, Hardwood floors and modern finishes. Fully separated utilities for minimal owner overhead. Recent upgrades include new windows, water heater, and washer/dryer. Steps from the Montrose Blue Line, Minutes from the I-90/94 interchange High visibility and strong foot traffic along a thriving commercial corridor. Whether expanding your portfolio, activating the commercial space, or exploring redevelopment potential under B3-2 zoning, this property is ready for entrepreneurial vision and long-term upside.

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4369 N Elston Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 5,034
  • Price/Sq.ft. $159

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 450
  • Fuel Expense: 0
  • Gross Income: 103800
  • Gross Scheduled Income: 103800
  • Insurance Expense: 3600
  • Net Operating Income: 84356
  • Operating Expense: 19444
  • Trash Expense: 450
  • Water Sewer Expense: 1200

Building Information

  • Year Built: 1924

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Irving Park

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, All Utilities

Tax Information

  • Tax Annual Amount: $13,744.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13154050130000
  • Possible Use: Commercial,Office,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Information

  • Other SqFt.: 2517

Building Interior

  • Building Area Total: 5034

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 2950
  • Lot Size Square Feet: 2950

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Reflective Coating, Tar/Gravel

General Information

  • Number Of Units Total: 3
  • Utilities: Electric to Site,Natural Gas Available,Water Available

4369 N Elston Avenue Neighborhood

Community

60641 (CHICAGO) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4369 N Elston Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4369 N Elston Avenue Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

4369 N Elston Avenue History

Date Event Value Agent
4/23/2026Source: MRED Status Change
Active
4/18/2026Source: MRED Price Reduction
$799,000 -6.0%
4/18/2026Source: MRED Status Change
Price Change
3/9/2026Source: MRED Status Change
Active
3/4/2026Source: MRED Added to Database
March 04, 2026