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$600,000 Just Listed
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Property Description
Live above the store! Income Opportunity! Mixed-use, previously a three unit building. This unique property has residential access off Elston and commercial access off Hamlin. It features a three bedroom residential unit in addition to a warehouse space with a heated workshop and a storefront. This Property has 3-phase electrical service, which is ideal for a wide variety of equipment. This could be an amazing income opportunity for a live-in business owner or an investor. This property was formerly a 1,800 sf multi-level tool & die shop with offices, storefront,400 AMP electric, drive-in garage, plus basement before the current owner. CURRENTLY USED AS a 3-bedroom, 1,500 sf apartment which offers a large kitchen, dining room, living room, in-unit laundry, central heat/air & family room w/sliding doors leading to a huge rooftop deck. Rear entrance to shop located on Hamlin Ave, not an alley. Nice high visibility. CAPITAL IMPROVEMENTS INCLUDE: Furnace & air conditioning 2015, Windows 2013 & 2017, Bathrooms renovated in 2013 & 2018, Kitchen remodeling in 2014, Water heater 2016, City required exit signs hardwired for business area. 2022, Second floor air conditioner replaced 2022, Tuck pointing 2023, Furnace installed in garage 2023, New sump pump 2025, Roof serviced in 2023/2026, New commercial entry door to second floor. Extremely well cared for a very versatile property!
Full Property Details
Full Property Details for 4163 N Elston Ave
General
- Price: $600,000
- Taxes: $8,046 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12737122
- Updated: 8/24/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Overhead Door(s), Skylight(s), Basement
- Flooring: Varies
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - Irving Park
- County: Cook
- Driving Directions: Elston ave at Hamlin, between Irving & Montrose
- Location Details: Chicago Northwest, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane, Rubber
- Loading: Drive-In Doors
- Sub-Flooring: Varies
- Stories/Levels: 2
- Square Feet: 3,316
- Current Bldg. Use: Other
- # of Stores: 1
- Year Built: 1935
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,600
- Lot Dimensions: 25' x 90' x 24' x 25' x 13' x 80'
- Frontage: City Street
- Potential Use: Other
- Zoning: MULTI
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $1,850
- Operating Expenses: $10,385
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1935
- Tax Amount: $8,046
- Tax Year: 2023
- Tenant Pays: Electricity, Other
- Pays Electric: 2183
Disclosures and Reports
- Property ID: 13143200090000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 4163 N Elston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Haugan Elementary School 4540 North Hamlin Avenue, Chicago, IL 60625 | PK-6 | 0.5 mi |
Marshall Middle School, Chicago, IL 3900 Lawndale Avenue, Chicago, IL 60618 | 7-8 | 0.3 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 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 4163 N Elston Ave
Date
Details
Price
Change
Source
8/24/2026
Listed
$600,000
25%
MLS
6/07/2022
Sold
$480,000
—
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 4163 N Elston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,046
—
$48,000
26%
2023
$8,046
13%
$38,000
—
2022
$7,138
2%
$38,000
—
2021
$6,995
-3%
$38,000
8%
2020
$7,184
-3%
$35,238
-12%
2019
$7,381
-5%
$40,044
-6%
2018
$7,789
-1%
$42,737
8%
2017
$7,829
5%
$39,623
—
2016
$7,461
10%
$39,623
—
2015
$6,804
7%
$39,623
8%
2014
$6,352
2%
$36,681
—
2013
$6,216
-6%
$36,681
—
2012
$6,582
—
$36,681
—
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 4163 N Elston Ave
4163 N Elston Avenue, Chicago, IL 60618 (MLS# 12737122) is a Commercial property. 4163 N Elston Avenue is currently listed for $600,000 and was received on August 24, 2026. This property is listed by Bud Caruso from our Northwest Indiana Office.Want to learn more about 4163 N Elston Avenue? Do you have questions about finding other Commercial real estate for sale in Irving Park? You can browse all Irving Park real estate or contact a Coldwell Banker agent to request more information.


