6135 N Elston Avenue,Chicago, IL 60646
Chicago, IL 60646
Description
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.
Details
| MLS # | 12744887 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 19 |
| Listing Provided By | @properties Christie's International Real Estate | Maria DelBoccio |
Features
| SQ Feet | 2,300 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Roof | Tar/Gravel |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
Utilities
| Electric | Circuit Breakers, Service - 0 to 100 Amps |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 10182 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60646 |
| Area | CHI Norwood Park |
| Listing VS Median (in 60646) | |
Price: $849,000 low | high Med: $540,950 sqft: 2,300 low | high Med: 2,268 $ / sqft: $369 low | high Med: $239 On site: 19 low | high Med: 27 | |
Market Activity 60646
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60646 |
| Area | CHI Norwood Park |
| Listing VS Median (in 60646) | |
Price: $849,000 low | high Med: $540,950 sqft: 2,300 low | high Med: 2,268 $ / sqft: $369 low | high Med: $239 On site: 19 low | high Med: 27 | |
