Active
4369 Elston Avenue
Chicago, IL 60641
$799,000 ▼ $50,900 from $849,900
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1924
Lot size—
Annual tax$13,744
CountyCook
MLS #MRD12571331
Days on market54
Features
Cooling
Central Air
Utilities
Electric to SiteNatural Gas AvailableWater Available
Construction
Brick
Listed by
Engel & Voelkers Chicago
Jazmyne Zasanski
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/24/2026, 4:50:03 PM. All data should be independently verified.
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