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$725,000
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Property Description
This all brick, mixed use, legal 3 flat building has been fully updated on all levels. Two apartments each featuring 2 bedrooms, full living and dining rooms, updated kitchens, bathrooms, in unit laundry, hardwood floors, can lights, newer windows, and newer HVAC w/ central heat and air conditioning. Second floor apartment also has a new water heater. New 200 AMP electric service with 4 separate meters; including public meter. 4 car tandem parking in rear. The bright, renovated storefront features tall ceilings, commercial grade glass windows and doors, a half bath, decorative lighting, and central heat and air conditioning. Additional space in full basement can be used for dedicated storage for apartments or the commercial space. This turn key building also has a clean check valve for flood control, the exterior of the building has been tuckpointed, and the roof silver coated in 2021. Perfect opportunity for someone with a business looking to owner occupy one of the units. Walking distance to McCormick YMCA w/indoor pool, Kimball Arts Center, restaurants, shopping, and entertainment.
Full Property Details
Full Property Details for 3538 W North Ave
General
- Price: $725,000
- Taxes: $12,694 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12439018
- Updated: 11/18/2025
- Added to Site: 163 day(s) ago
Interior
- Interior Features: Basement
- Flooring: Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Other, Carbon Monoxide Detector(s)
Location
- Area: CHI - Humboldt Park
- County: Cook
- Township: Jefferson
- Driving Directions: West on North Ave to 3538
- Location Details: Chicago North, Central Business District, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Central Heat/Individual Controls, Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Wood
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 1902
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 3,400
- Lot Dimensions: 25 x 136
- Zoning: OTHER
Financial Considerations
- Lease Price: $20
- Insurance Fee: $1,500
- Other Fee: $1,500
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Other, Carbon Monoxide Detector(s)
- Assessment Year: 1902
- Tax Amount: $12,694.8
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Repairs
- Pays Electric: 7500
Disclosures and Reports
- Property ID: 13354180310000
Buyer's Brokerage Compensation: Contact Listing Agent
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Schools
Schools serving 3538 W North Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Stowe Elementary School 3444 West Wabansia Avenue, Chicago, IL 60647 | K-8 | 0.2 mi |
North-Grand High School 4338 West Wabansia Avenue, Chicago, IL 60639 | 9-12 | 1 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 3538 W North Ave
Date
Details
Price
Change
Source
10/10/2025
Price Reduced
$725,000
-4.61%
MLS
9/17/2025
Price Reduced
$760,000
-5%
MLS
8/06/2025
Listed
$800,000
23.08%
MLS
9/20/2021
Sold
$650,000
—
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 3538 W North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,867
3%
$23,000
—
2022
$4,731
2%
$23,000
—
2021
$4,625
-22%
$23,000
-14%
2020
$5,939
-4%
$26,662
-13%
2019
$6,157
2%
$30,646
—
2018
$6,054
-11%
$30,646
-3%
2017
$6,776
7%
$31,479
—
2016
$6,305
9%
$31,479
—
2015
$5,768
13%
$31,479
14%
2014
$5,102
-10%
$27,496
-12%
2013
$5,653
-4%
$31,084
-6%
2012
$5,905
—
$32,907
—
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 3538 W North Ave
3538 W North Avenue, Chicago, IL 60647 (MLS# 12439018) is a Commercial property. 3538 W North Avenue is currently listed for $725,000 and was received on August 06, 2025. This property is listed by Nick Farnsworth from our Lincoln Park Office.Want to learn more about 3538 W North Avenue? Do you have questions about finding other Commercial real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.


