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$3,000,000
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Property Description
For Sale, Turn Key Newer construction fast food fast food building, Just South of the Hard stoplight corner of North Avenue and Elston Avenue. Fantastic opportunity to own or lease a freestanding commercial building In the Elston Manufacturing Corridor M2-3 Zoning, Prime location, immense potential, This fully built out restaurant offers an excellent opportunity for users to take advantage of high traffic counts, Fully built-out kitchen Full commercial fast food buildout, all black iron hoods and fire suppression are in place, all furniture, fixtures, and equipment, Walk in Cooler, All FF&E Included, The Building is completely done. new, facade, Modern Windows upgraded heat and HVAC on roof, tuckpointing, 200 Amp Electric, modern functionality. Great Location, Heavy traffic, High Visibility, 8600 Vehicles pass this location a day 8600 VPD, 15 car parking in rear parking lot Close to Area Highways and Public Transportation, Bus Area retailers include - Art's Drive In, River North Hand Car Wash, Home Depot, Nortown Auto Do not bother the tenant, Call listing broker for all showings. Second Pin Dimensions - 26X166.5X23.9X176.7 Pin Numbers - 17051040120000 - 17051040130000
Full Property Details
Full Property Details for 1543 N Elston Ave
General
- Price: $3,000,000
- Taxes: $24,643 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12341005
- Updated: 5/7/2025
- Added to Site: 261 day(s) ago
Interior
- Interior Features: Heavy Floor Load, Public Restroom(s), Storage Inside
- Flooring: Concrete, Tile, Varies
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Ansul System, Fire Extinguisher(s), Hydrants on Site, Partially Sprinklered, Smoke or Fire Protectors, Sprinklers (Wet), Sprinklers
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: North ave to Elston, South to address
- Location Details: Central Business District, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Sewer: Storm Sewer
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Roof: Membrane
- Ceiling Height: 14
- Sub-Flooring: Concrete, Tile, Varies
- Stories/Levels: 1
- Square Feet: 1,300
- Current Bldg. Use: Commercial
- Year Built: 1989
Lot Features
- Lot Size (Sq. Ft.): 8,438
- Lot Dimensions: 26.1 x 176.7 x 23.9 x 186.9
- Frontage: City Street, Public Road, State Road, Paved
- Drainage: Drainage Ways, Floor Drains, Storm Sewers
- Zoning: RTAIL
Financial Considerations
- Lease Price: $78
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored, Alarm On Site, Ansul System, Fire Extinguisher/s, Hydrants On Site, Partially Sprinklered, Smoke or Fire Protectors, Sprinklers-Wet, Sprinklers
- Assessment Year: 1989
- Tax Amount: $24,643.35
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Documents Avail.: Floor Plan
- Property ID: 17051040120000
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Schools
Schools serving 1543 N Elston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lozano Elementary Bilingual & Intl Center 1501 North Greenview Avenue, Chicago, IL 60642 | PK-8 | 0.2 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1543 N Elston Ave
Date
Details
Price
Change
Source
5/01/2025
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1543 N Elston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,115
3%
$95,052
—
2022
$19,551
2%
$95,052
—
2021
$19,114
110%
$95,052
133%
2020
$9,089
11%
$40,799
—
2019
$8,197
2%
$40,799
—
2018
$8,059
15%
$40,799
25%
2017
$6,999
7%
$32,513
—
2016
$6,512
9%
$32,513
—
2015
$5,958
-1%
$32,513
—
2014
$6,032
2%
$32,513
—
2013
$5,913
1%
$32,513
—
2012
$5,834
—
$32,513
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1543 N Elston Ave
1543 N Elston Avenue, Chicago, IL 60642 (MLS# 12341005) is a Commercial property. 1543 N Elston Avenue is currently listed for $3,000,000 and was received on May 01, 2025. Want to learn more about 1543 N Elston Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

