4369 N Elston Avenue

Chicago, IL 60641

Positioned in the heart of the Irving Park/Old Irving Park area, 4369 N Elston Ave is a meticulously maintained 5,000+ sq. ft. brick building offering strong income potential and redevelopment flexibility. With B3-2 zoning and proximity to the Montrose Blue Line, this property is ideal for investors or owner-operators seeking a turn-key mixed-use asset. The spacious ground-floor unit features expansive windows and two commercial-grade restrooms. Formerly a neighborhood tavern, the space is ideal for restaurant, bar, cafe, retail, office, or other commercial uses, ready for a new concept or continued hospitality operations. Upstairs includes two updated 2-bedroom, 1-bath apartments: One unit is occupied by a long-term, month-to-month tenant below market One unit is vacant, offering immediate value-add potential at market rents ($1,800-$2,000/month each) In-unit side-by-side washer & dryer Central AC and separate water heaters, Hardwood floors and modern finishes. Fully separated utilities for minimal owner overhead. Recent upgrades include new windows, water heater, and washer/dryer. Steps from the Montrose Blue Line, Minutes from the I-90/94 interchange High visibility and strong foot traffic along a thriving commercial corridor. Whether expanding your portfolio, activating the commercial space, or exploring redevelopment potential under B3-2 zoning, this property is ready for entrepreneurial vision and long-term upside.

Listing Courtesy of MRED as distributed by MLS Grid of Engel & Voelkers Chicago



Based on information submitted to the MLS GRID as of 2026-09-25 04:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-25 04:20 AM UTC
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