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4901 N Elston Avenue, Chicago, IL 60630
$1,850,000 Contingent
4901 N Elston Avenue, Chicago, IL 60630View this property at 4901 N Elston Avenue, Chicago, IL 60630
4901 N Elston AvenueChicagoIL60630
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Property Description
Introducing a prime investment opportunity: a distinguished 18 unit mixed-use brick building that seamlessly blends residential and commercial spaces, offering versatility and potential for savvy investors. The 16 residential units above bring additional income with coin laundry onsite. (14) 1 bed units and (2) 2 bed units. Meanwhile, the 2 ground-floor commercial spaces present an enticing opportunity for businesses seeking a vibrant and well-trafficked location. With high visibility and foot traffic, these storefronts offer the perfect setting for retail shops, cafes, or professional offices. High traffic corner location close to I-90, I-94, restaurants, parks, and public transportation. Ample street parking. C1-1 zoning allows for multiple uses.
Full Property Details
Full Property Details for 4901 N Elston Ave
General
- Price: $1,850,000
- Taxes: $21,486 (2022)
- Status: Contingent
- Type: Commercial
- MLS ID: 11996372
- Updated: 3/22/2024
- Added to Site: 46 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Exit E on Lawrence Ave from I-94, then turn N on Kentucky Ave. Turn NW on Elston Ave. Property is on the NW corner of Elston and Kentucky.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls
Utilities
- Trash: 2604
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 17,250
- # of Stores: 2
- Year Built: 1929
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,750
- Lot Dimensions: 46 x 125
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $7,524
- Operating Expenses: $75,739
- Other Fee: $19,145
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1929
- Tax Amount: $21,486
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
- Pays Electric: 1164
- Pays Trash: 2604
Disclosures and Reports
- Property ID: 13103140590000
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Schools
Schools serving 4901 N Elston Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5051 N Kenneth Ave, Chicago, IL 60630 | PK-8 | 0.3 mi | |
6530 W Bryn Mawr Ave, Chicago, IL 60631 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4901 N Elston Ave
Date
Details
Price
Change
Source
3/13/2024
Listed
$1,850,000
—
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 4901 N Elston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$21,486
2%
$104,093
—
2021
$21,001
12%
$104,093
24%
2020
$18,714
11%
$83,717
—
2019
$16,876
2%
$83,717
—
2018
$16,591
-8%
$83,717
—
2017
$18,068
7%
$83,654
—
2016
$16,811
9%
$83,654
—
2015
$15,383
6%
$83,654
8%
2014
$14,489
2%
$77,805
—
2013
$14,203
2%
$77,805
—
2012
$13,962
—
$77,805
—
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 4901 N Elston Ave
4901 N Elston Avenue, Chicago, IL 60630 (MLS# 11996372) is a Commercial property. 4901 N Elston Avenue is currently listed for $1,850,000 and was received on March 13, 2024. Want to learn more about 4901 N Elston Avenue? Do you have questions about finding other Commercial real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.