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$824,999
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Property Description
Exceptional Investment and Owner-User Opportunity! Presenting a well-positioned commercial property featuring 14 individually leased units, each contributing to a reliable and diversified income stream. Current tenants include a mix of service-oriented businesses such as barbers, a tailor, and logistics companies, fostering a vibrant and dynamic tenant base. Located in a high-visibility, high-traffic corridor, the property offers both stability and growth potential. With its desirable B3-2 zoning, this asset represents an outstanding opportunity for investors seeking dependable cash flow, as well as for business owners looking to establish themselves in a thriving commercial district.
Full Property Details
Full Property Details for 3012 N Central Ave
General
- Price: $824,999
- Taxes: $31,327 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12458421
- Updated: 9/3/2025
- Added to Site: 142 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Other
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: Belmont Ave. to Central Ave, south on Central to the property. Or Diversey Ave. to Central Ave, north on Central to the property
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 6,800
- Year Built: 1939
Unit Information
- # Tenants: 13
Lot Features
- Lot Size (Sq. Ft.): 18,000
- Lot Dimensions: 18000
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Other
- Assessment Year: 1939
- Tax Amount: $31,327
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 13292150430000
Listed by Realty of America, LLC
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Schools
Schools serving 3012 N Central Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Camras Elementary School 3000 North Mango Avenue, Chicago, IL 60634 | K-8 | 0.2 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.8 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 3012 N Central Ave
Date
Details
Price
Change
Source
8/28/2025
Listed
$824,999
312.5%
MLS
8/09/2019
Sold
$200,000
—
Public Record
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 3012 N Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$31,327
3%
$129,483
—
2022
$30,384
2%
$129,483
—
2021
$29,708
105%
$129,483
126%
2020
$14,483
-62%
$57,194
-66%
2019
$38,007
204%
$166,375
199%
2018
$12,510
3%
$55,595
11%
2017
$12,155
8%
$50,034
—
2016
$11,255
8%
$49,906
—
2015
$10,434
-2%
$49,779
-1%
2014
$10,662
2%
$50,034
—
2013
$10,429
1%
$49,906
—
2012
$10,314
—
$49,779
—
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 3012 N Central Ave
3012 N Central Avenue, Chicago, IL 60634 (MLS# 12458421) is a Commercial property. 3012 N Central Avenue is currently listed for $824,999 and was received on August 28, 2025. Want to learn more about 3012 N Central Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

