$650,000

3400 W LAKE Street, Chicago, IL 60624

  • 6,100 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1891
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $107/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional investment opportunity in East Garfield Park! This well-maintained 5-unit mixed-use building is ideally located just steps from the Garfield Park Conservatory and Kedzie Green Line, offering a diverse income stream with four commercial units and one residential unit. Current tenants include a beauty salon (leased through August 2028), an auto tint shop (month-to-month), and a convenience store (lease through July 1, 2027), with one commercial space-formerly a barber shop-currently vacant, offering additional upside. Zoned M1-3 with no current building violations, the property has seen recent improvements including updated plumbing, reinforced basement supports, tuckpointing, new flashing, and electrical upgrades. Tenants are responsible for all utilities except water/sewer/trash, which are split between two water bills for simplified management. Located directly across from Garfield Park and near the Metra UP-W, Kedzie Green Line, I-290, and just 10 minutes from Downtown and the United Center, this property offers both stability and long-term growth potential in one of Chicago's most rapidly evolving neighborhoods.

Listing Status:
Active
Listing Office:
Fulton Grace Realty : 773-383-2223
Listing Agent:
Leticia Andrade : 773-383-2223
MLS ID:
12375011
  • Flooring: CarpetWood
  • A/C: Central Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Leticia Andrade, Fulton Grace Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beidler Elementary School

3151 W Walnut St, Chicago, IL, 60612

Grades PK-8

0.31 miles away

B

Beidler Elementary School

3151 W Walnut St, Chicago, IL, 60612

Grades PK-8

0.31 miles away

R

Raby High School

3545 W Fulton Blvd, Chicago, IL, 60624

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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