Retail•Free Standing Building•For Sale

Retail Office Opportunity - Elston Avenue

4591 N. Elston Avenue, Chicago, Illinois 60630

Sale Price $299,000
Zoning C1-1
Year Built 1977
Year Renovated 2007
Stories 1
Gross Bldg 1,875 SqFt
Land Area .07 Acres
Market Chicago
Sub-Market Northwest Chicago
Renovated in 2007, this highly visible street level retail/office space was recently valued at $350,000. This sale represents a perfect opportunity for an owner/operator or investor to acquire a versatile space in this thriving Chicago market. With 1,800 SF of highly functional adjustable space, the building is ideal for a variety of uses. Currently set up as an office, the interior has a spacious open floor plan, providing countless re-use opportunities. Sitting with 25 feet of frontage on busy Elston Avenue, the property maintains a high profile in this bustling market. The area is one of the city’s most walk-able, however there is private parking to accommodate for drivers. Situated less than 10 miles from Downtown Chicago with easy access from the highways and public transportation, this building is excellent setting in which to enter the Chicago market. Located on the Northwest side of the City of Chicago, Albany Park/ Mayfair is a thriving community. Ideally situated, the area is easily accessed from both the suburbs and Downtown Chicago.The area is well connected with great access to public transportation and is conveniently located less than a mile of the Highway (I-90, I-94). The Northwest Side is one of Chicago’s most ethnically diverse and multi-cultural neighborhoods. The area is a highly inclusive culinary destination, with everything from Middle Eastern bakeries alongside Swedish restaurants to Spanish bodegas. With its wealth of small and independent business, the area has a supportive and vibrant business environment. This has fostered an atmosphere that has been a hub for business, with everyone from creative industries to entrepreneurs to the arts flocking to the area. As a highly walk-able neighborhood, the Northwest side is the perfect setting for retail activity. The Northwest side is a community that is focused on stimulating and encouraging business and economic development. The area is the sight of over $380 Million dollars in retail expenditure every year. With its high level of visibility, easy access, focus on sustainable walk-able business, as well as the draw of international cuisine to the area, the Northwest side is an ideal place for small and independent business to grow and succeed.
  • Recently Valued at $350,000
  • 25 Feet of Frontage on Elston Avenue (21,000 VPD)
  • Spacious Open Floor plan
  • Private Parking
  • Strong 3-Mile Demographics (Pop. 382,734; Growth 8.41%; HH Inc. $82K)
4/15/2019 10:52:10 PM 4/15/2019 10:52:10 PM
Steve Madura
Senior Vice President
Hilco Real Estate

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