O'Neil Property Group

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$499,000
22 Days On Site

2709 N Austin Avenue
Chicago, IL 60639

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1929
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of SERHANT.
2709 N Austin Avenue2709 N Austin Avenue2709 N Austin Avenue2709 N Austin Avenue
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Finding any storefront space on such a busy corner of Belmont Cragin is rare, but one with 33 feet of frontage elevates this property to unicorn status. In a neighborhood where rents climbed 15% last year, steps from Austin and Diversey, two CTA bus lines at the door and roughly 13,000 vehicles passing daily - sitting above three apartments with unlimited potential. Exceptional short and long-term upside for the investor running the value-add play or taking the flip. Particularly well-suited for the business owner ready to put their operation in the storefront and let the rents carry the mortgage - a live/work setup that rarely comes together this cleanly. Ground-floor storefront with full unfinished basement for additional storage or expansion that really benefits from the additional window space afforded by the extra frontage. Up one flight, a 3 bed/1 bath. The second floor has a 2 bed/1 bath and a 1 bed/1 bath. All the apartments are rented below market rates, providing an immediate opportunity plus tons of value-add potential through rehab. In back, that extra width shows up again, and this time it's felt through the additional yard space afforded even with a 2-car garage on-site. Full brick exterior with good bones and unlimited potential. Ground-floor storefront with full unfinished basement for additional storage or expansion that really benefits from the additional window space afforded by the extra frontage. Up one flight, a 3 bed/1 bath. The second floor has a 2 bed/1 bath and a 1 bed/1 bath. All the apartments are rented below market rates, providing an immediate opportunity plus tons of value-add potential through rehab. In back, that extra width shows up again, and this time it's felt through the additional yard space afforded even with a 2-car garage on-site. Full brick exterior with good bones and unlimited potential.

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Listing Snapshot
PriceΒ 
$499,000
Days On SiteΒ 
22 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1929
MLS NumberΒ 
12787441
StatusΒ 
Active
Property TaxΒ 
$4,807.4
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Mixed Use
ZoningΒ 
OTHER
Interior Features
CoolingΒ 
Window Unit(s)
ElectricΒ 
Circuit Breakers
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Community Features
MLS AreaΒ 
CHI - Belmont Cragin
TownshipΒ 
Jefferson
Listing Courtesy of MRED as distributed by MLS Grid of SERHANT.



Based on information submitted to the MLS GRID as of 2026-11-08 12:29 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: 2026-11-08 12:29 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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