REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jan

Sun

Jan

Mon

Jan

Shannon Dykowski

shannon@shannondykowskirealtor.com +1(815) 483-3817

Listed by Joyce Galloof @properties Christie's International Real Estate

$ 4,950,000

Est. payment -/mo

Save

Active

3159 N California Avenue Chicago, IL 60618

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12351160

Annual Tax Amount $84,550

Tax Year 2022

Lot Dimensions 18,812 SQ FT

Property Sub-Type Mixed Use

Property Description

Best location on 3 major corners (Belmont, California and Elston Avenues) with numerous car count passing each street every day on all 3 of these major streets. Tenants are long time tenants. Plus rental income that easily could be increased to today's rental rates. There is an opportunity for "value added" to increase apartment rents. Present rents are under market value. Incredible land square footage. Corner building is 18,812 square feet with 159 linear feet on Belmont Avenue. 3173 Elston Avenue is 4,500 square foot lot with a 4,200 square foot 1 story brick building under a triple net lease. Each apartment and each store pay their own and have individual forced air conditioning and heat units. Each apartment enjoys their own roof deck and there is a common roof deck for the tenants. There is a 19 car shared parking lot adjoining the properties. The properties are meticulously cleaned and well kept. There are 7 stores, 9 apartments plus income from a rooftop sign. The properties are in excellent condition but the properties will be sold "as is where is". The sale would be subject to a "1031 Exchange". Same ownership for over 55 years. Financial information available on request. Proof of funds required on all offers. The properties will not be divided. Confirmed showings only. Agent Owned

Location

State IL

County Cook

Zoning OTHER

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

SCHOOLSPROPERTIES

Elementary Schools 20

10

Hawthorne Elementary Scholastic Academy

Public | KG - 8
9

Disney II Elementary School

Public | PK - 6
9

Edison Elementary Regional Gifted Center

Public | KG - 8
9

Burley Elementary School

Public | KG - 8
9

Prescott Elementary School

Public | PK - 8
8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
8

Lasalle II Lang Academy Elementary School

Public | PK - 8
8

Burr Elementary School

Public | PK - 8
8

Mayer Elementary School

Public | PK - 8
7

Garcia Lorca Elementary School

Public | KG - 8
7

Von Linne Elementary School

Public | KG - 8
7

Jamieson Elementary School

Public | KG - 8
7

Budlong Elementary School

Public | KG - 8
7

Pulaski International School of Chicago

Public | KG - 8
7

Chappell Elementary School

Public | PK - 8
7

Columbus Elementary School

Public | PK - 8
7

Pritzker Elementary School

Public | KG - 8
7

Ravenswood Elementary School

Public | PK - 8
7

Blaine Elementary School

Public | PK - 8

Middle Schools 8

10

Lane Technical High School

Public | 7 - 12
7

Ogden Intermediate High School

Public | 6 - 12
4

Ames Middle School

Public | 7 - 8
4

Disney II Magnet High School

Public | 7 - 9
4

Albany Park Multicultural Academy

Public | 7 - 8
3

Aspira Charter Schools

Public | 6 - 12
1

Kelvyn Park High School

Public | 7 - 12
0

T. Marshall Middle School

Public | 7 - 8

High Schools 20

10

Northside College Preparatory High School

Public | 9 - 12
10

Devry Advantage Academy High School

Public | 11 - 12
7

Von Steuben Metro Science High School

Public | 9 - 12
5

Clemente Community Academy High School

Public | 9 - 12
5

Amundsen High School

Public | 9 - 12
5

Lake View High School

Public | 9 - 12
4

Wells Community Academy High School

Public | 9 - 12
4

Uplift Community High School

Public | 9 - 12
3

Schurz High School

Public | 9 - 12
3

Alcott Humanities High School

Public | 9 - 12
1

North-Grand High School

Public | 9 - 12
1

Orr Academy High School

Public | 9 - 12
1

Roosevelt High School

Public | 9 - 12
0

Lydia Urban Academy

Private | 9 - 12
0

Antonia Pantoja High School

Private | 10 - 12
0

Northside Learning Center

Public | 9 - 12
0

Telshe High School

Private | 9 - 12
0

Pathways in Education Avondale High School

Public | 9 - 12
0

Gordon Tech High School

Private | 9 - 12
0

Josephinum Academy

Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Shannon Dykowski

+1(815) 483-3817

shannon@shannondykowskirealtor.com

Shannon Dykowski

3159 N California Avenue Chicago, IL 60618

Key Details

Location

Interior

Exterior

Building

GET MORE INFORMATION

Go tour this home

3159 N California Avenue