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3865 N Elston Ave
Chicago, IL 60618 Irving Park

Price Upon Request

Apartments For Sale  •  9,661 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,661 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1964
  • Zoning C1-1
71 Transit Score
91 Walk Score

Highlights

Fully rented, cash-flowing property.
Short-term leases provide flexibility for investor-buyer to renovate and re-lease at their own pace
Existing leases are significantly below market.
increase gross operating income by 90%+ after renovations and raising rents to current market levels.
property’s mixed-use classification is assessed at 10% (residential) instead of 25% (commercial), which keeps RE taxes reasonable.
Convenient access to public transportation

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Range
  • Tub/Shower
  • Walk To Campus
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Irving Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.0 mi
Grayland Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Addison Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 10 min 0.5 mi
Irving Park Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 16 min 0.8 mi
Irving Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 17 min 0.9 mi
Belmont Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 41 min - 14.0 mi
Chicago Midway International 28 min - 14.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes