About 6135 N Elston Avenue
Rare turnkey mixed-use opportunity with an adjacent paved and gated lot in Chicago's Norwood Park neighborhood. The approximately 1,375-square-foot commercial space features two private offices, a conference room, reception area, bright front lobby/showroom and two washrooms. An attached approximately 1,000-square-foot warehouse/garage includes an industrial-grade epoxy floor and a 10-foot-high by 14-foot-wide overhead door-ideal for storage, service operations, light industrial use or fleet parking. The second floor offers a spacious, well-maintained approximately 1,700-square-foot apartment with two bedrooms and 1.5 baths, providing excellent rental potential or an ideal live-on-site option for an owner-operator. The sale also includes an approximately 3,000-square-foot paved and gated adjacent lot, offering additional parking, outdoor storage, expansion or future redevelopment potential. Delivered fully vacant for immediate occupancy or leasing, with separate entrances, B3-1 zoning and convenient access to I-90 and I-94. Pro forma projections reflect $76,200 in annual gross income and $54,018 in NOI, representing an estimated 6.36 cap rate at the current asking price. Tenants are responsible for gas and electricity. All income and expense figures are estimates; buyer to independently verify financial information, zoning and permitted uses.
Features of 6135 N Elston Avenue
| MLS® # | 12744887 |
|---|---|
| Price | $849,000 |
| Bathrooms | 0.00 |
| Year Built | 1967 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 6135 N Elston Avenue |
|---|---|
| Area | CHI - Norwood Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60646 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Tar/Gravel |
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|
