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    3968 Elston Avenue

    Chicago, IL 60618
    • $599,000
    • STATUS: Active
    • ON SITE: 430 days
    • MLS #: 10459377
    UPDATED: 115 min ago
    $599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Two connected mixed use all brick buildings (3968 Elston and 3937 Monticello) with ground floors currently home to successful 72 year long, owner occupied and managed Chinese restaurant and 3 two-bedroom apartments above! Business features 2700 sf restaurant with equipment and long term following of loyal customers. Apartments are currently rented below market. Property features an unfinished basement for dry storage & low taxes. With some work and TLC this investment projects to be cash flow positive and suitable for armchair investor or someone looking to place their business and compliment it with rental income. In the heart of hot Irving Park neighborhood w/great exposure & frontage on both Monticello and on busy Elston Ave. across street from McDonald's & just south of Irving Park Rd. Quick access to 90/94, CTA blue line & Union Pacific NW Metra line. These centrally located buildings will appeal to all types of users. Don't miss this fabulous investment opportunity!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-24T23:51:20.633 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3968 Elston Avenue Chicago, IL 60618

    • Price: $599,000
    • Status: Active
    • Updated: 115 min ago
    • MLS #: 10459377
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1917
    Built
    Neighborhood:
    Chi - Irving Park
    County:
    Cook
    Area:
    Chi - Irving Park
    Property Description
    Two connected mixed use all brick buildings (3968 Elston and 3937 Monticello) with ground floors currently home to successful 72 year long, owner occupied and managed Chinese restaurant and 3 two-bedroom apartments above! Business features 2700 sf restaurant with equipment and long term following of loyal customers. Apartments are currently rented below market. Property features an unfinished basement for dry storage & low taxes. With some work and TLC this investment projects to be cash flow positive and suitable for armchair investor or someone looking to place their business and compliment it with rental income. In the heart of hot Irving Park neighborhood w/great exposure & frontage on both Monticello and on busy Elston Ave. across street from McDonald's & just south of Irving Park Rd. Quick access to 90/94, CTA blue line & Union Pacific NW Metra line. These centrally located buildings will appeal to all types of users. Don't miss this fabulous investment opportunity!
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Location Mixed Use Area Lot Dimensions 25X82X30X30X24X65 Lot Sq Ft 2735 Number Of Parking Spaces 0 Roof Coverings Tar And Gravel Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On SiteFire Extinguisher/SSmoke Or Fire Protectors Floor Finish CarpetVinylWood Miscellaneous Inside Multi-TenantPrivate Restroom/SPublic Restroom/SOtherBasement Number Of Apts 3 Number Of Offices 0 Number Of Ranges 5 Number Of Refrigs 6 Number Of Stores 1 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialOther Electric Expense Source Actual Electrical Service Circuit BreakersFuses Electricity Expense 516 Expense Year 2018 Exterior Building Type Brick Fuel Expense 3961 Fuel Expense Source Actual Geographic Locale Chicago North Gross Rental Income Amount 60000 Heat Ventilation Radiators Insurance Expense 2446 Insurance Expense Source Actual Known Encumbrances None Known Miscellaneous Outside Storms And Screens (As Exist) Number Of Tenants 3 Other Expenses 0 Owners Assoc YN No Possession Closing Potential Use CommercialCondominiumResidential-Multi-FamilyRetailOther Rental Price 0 Sale Terms Conventional Tax Year 2018 Taxes 6625.34 Tenant Pays Electric Total Annual Exp 30799 Total Annual Expense Source Actual Total Annual Income 60000 Total Monthly Income 5000 Township Jefferson Unincorporated YN No Water Expense 1525 Water Expense Source Actual Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of The Kuehl Group Inc..


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-24T23:51:20.633 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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