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$1,199,000
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Property Description & Video
3256 N Elston Avenue, Chicago, ILVideo Tour of 3256 N Elston Avenue, Chicago, IL.
**PERFECT FOR OWNER-USER OR INVESTOR - PRIME AVONDALE MIXED-USE OPPORTUNITY** Exceptional mixed-use investment opportunity in the heart of rapidly growing Avondale. This highly visible corner property offers approximately 5,368 square feet and benefits from strong traffic exposure with over 15,000 vehicles passing daily. The commercial space features approximately 2500 square feet currently open space, plus two full basements providing an additional 2,000 square feet of valuable storage space. Estimated rental income for the commercial space is approximately $5,000 per month. Above the commercial unit are two well-sized 2-bedroom apartments with a combined estimated rental income of approximately $4,000 per month. Positioned in one of Chicago's most active development corridors, the property is surrounded by numerous new residential projects, including several proposed townhouse developments within just a few blocks. This ongoing growth is expected to further increase neighborhood density, customer traffic, and long-term property value. The location offers outstanding accessibility, just minutes from the Kennedy Expressway via Sacramento, Kedzie, and California Avenue, and approximately a 15-minute walk to the CTA Blue Line at Kimball. Whether you're an owner-operator seeking a live/work opportunity or an investor looking for income and future appreciation, this Avondale property presents exceptional potential in a thriving neighborhood.
Full Property Details
Full Property Details for 3256 N Elston Ave
General
- Price: $1,199,000
- Taxes: $16,049 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12664077
- Updated: 6/15/2026
- Added to Site: 35 day(s) ago
Rental Information
- Lease Terms: STORE FRONT ONLY
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Avondale
- County: Cook
- Township: Jefferson
- Driving Directions: North or south on Elston Ave to the property. Corner of Elston and Francisco.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Hot Water
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 5,368
- # of Stores: 1
- Year Built: 1916
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Zoning: OTHER
Financial Considerations
- Lease Price: $20
- Insurance Fee: $6,000
- Operating Expenses: $21,198
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1916
- Tax Amount: $16,049.04
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 360
Disclosures and Reports
- Property ID: 13243220250000
Listed by Chicagoland Brokers, Inc.
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Schools
Schools serving 3256 N Elston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Linne Elementary School 3221 North Sacramento Avenue, Chicago, IL 60618 | K-8 | 0.1 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3256 N Elston Ave
Date
Details
Price
Change
Source
6/01/2026
Listed
$1,199,000
—
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 3256 N Elston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,502
—
$40,940
48%
2023
$5,502
3%
$27,641
—
2022
$5,352
2%
$27,641
—
2021
$5,241
-20%
$27,641
-10%
2020
$6,517
8%
$30,698
-3%
2019
$6,037
2%
$31,655
—
2018
$5,914
10%
$31,655
19%
2017
$5,370
6%
$26,632
—
2016
$5,084
10%
$26,632
—
2015
$4,640
—
$26,632
1%
2014
$4,634
2%
$26,258
—
2013
$4,537
42%
$26,258
—
2012
$3,198
—
$26,258
—
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 3256 N Elston Ave
3256 N Elston Avenue, Chicago, IL 60618 (MLS# 12664077) is a Commercial property. 3256 N Elston Avenue is currently listed for $1,199,000 and was received on June 01, 2026. Want to learn more about 3256 N Elston Avenue? Do you have questions about finding other Commercial real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

