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$1,450,000
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Property Description
Two-story commercial building with adjacent one-story commercial building and rear parking available for sale in North Park/Pulaski. Prominent corner location on high-traffic Peterson Avenue with approx. 30,000 vehicles driving by daily. Former furniture store. Ideal for an owner-user or investor. Suitable for retail, office, or personal service uses. Property includes a 10,000 SF full basement. There is opportunity for redevelopment. Lot square footage of 13,640, currently with B1-1 zoning.
Full Property Details
Full Property Details for 3451 W Peterson Ave
General
- Price: $1,450,000
- Taxes: $60,801 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12595679
- Updated: 3/24/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Common Meeting Room(s)
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - North Park
- County: Cook
- Township: Jefferson
- Driving Directions: Peterson Avenue to 3451 W. Peterson Ave.
- Location Details: Corner, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick, Divisible
- Exterior Const.: Brick, Divisible
- Foundation: Block, Brick/Mortar, Concrete Perimeter
- # Loading Docks: 1
- Loading: Exterior
- Stories/Levels: 2
- Square Feet: 18,000
- Year Built: 1956
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 13,460
- Lot Dimensions: 107.72 FT x 125 FT x 107.72 FT BY 125 FT
- Frontage: City Street
- Drainage: Storm Sewers
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site
- Assessment Year: 1956
- Tax Amount: $60,801
- Tax Year: 2024
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 13024020380000
Listed by Strauss Realty Ltd
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Schools
Schools serving 3451 W Peterson Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Peterson Elementary School 5510 North Christiana Avenue, Chicago, IL 60625 | K-8 | 0.6 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.8 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 3451 W Peterson Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$1,450,000
—
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 3451 W Peterson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$64,949
12%
$306,735
9%
2022
$57,976
2%
$280,874
—
2021
$56,667
-33%
$280,874
-26%
2020
$85,210
154%
$381,178
129%
2019
$33,538
2%
$166,372
—
2018
$32,971
-41%
$166,372
-36%
2017
$55,962
-25%
$259,105
-30%
2016
$74,607
73%
$371,250
58%
2015
$43,162
-11%
$234,720
-9%
2014
$48,250
2%
$259,105
—
2013
$47,297
2%
$259,105
—
2012
$46,495
—
$259,105
—
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 3451 W Peterson Ave
3451 W Peterson Avenue, Chicago, IL 60659 (MLS# 12595679) is a Commercial property. 3451 W Peterson Avenue is currently listed for $1,450,000 and was received on March 18, 2026. Want to learn more about 3451 W Peterson Avenue? Do you have questions about finding other Commercial real estate for sale in North Park? You can browse all North Park real estate or contact a Coldwell Banker agent to request more information.

