This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$672,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Rare turnkey fully renovated restaurant with fully remodeled 2-bed apartment above in a prime location. This 1,700 sq. ft. restaurant space features estimated seating for 75 indoors and 40 on a custom patio with luxury pergola, fire table and newer flooring. Fully equipped kitchen includes new fryer, Matok double oven, refrigeration, and full bar with draft system and POS setup. This whole place has been gutted to the studs and renovated this year. Recent upgrades include new HVAC (2022 & 2024), hot water heater (2025), new electrical, plumbing, and flooring throughout. The 1,200 sq. ft. apartment offers brand-new kitchen, bath, in-unit laundry, and rooftop access-ideal for owner-occupancy or rental. Liquor license was previously in place but expired June 2024; all equipment included but sold as-is. This is an incredible opportunity to get into a fully renovated space that is ready to go!
Full Property Details
Full Property Details for 3938 N Central Ave
General
- Sold For: $672,500
- Taxes: $7,384 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12403621
- Added to Site: 239 day(s) ago
Additional Information
- Security/Safety: Ansul System
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: Central (5600W) south of Irving Park (4000N) 1 block
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 2,712
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1950
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,477
- Lot Dimensions: 27.6 x 126
- Potential Use: Commercial, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Ansul System
- Assessment Year: 1950
- Tax Amount: $7,384
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13202030410000
Listed by Rothman Real Estate
Sold by Current Properties LLC
Get Pre-Approved Today
Schools
Schools serving 3938 N Central Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Gray Elementary School 3730 North Laramie Avenue, Chicago, IL 60641 | PK-8 | 0.6 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.7 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 3938 N Central Ave
Date
Details
Price
Change
Source
2/13/2026
Sold
$672,500
-2.52%
MLS
8/05/2025
Price Reduced
$689,900
-1.43%
MLS
6/25/2025
Listed
$699,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3938 N Central Avenue, Chicago, IL 60634 (MLS# 12403621) is a Commercial property that was sold at $672,500 on February 13, 2026. Want to learn more about 3938 N Central Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

