MLS#12351160
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Best location on 3 major corners (Belmont, California and Elston Avenues) with numerous car count passing each street every day on all 3 of these major streets. Tenants are long time tenants. Plus rental income that easily could be increased to today's rental rates. There is an opportunity for value added to increase apartment rents. Present rents are under market value. Incredible land square footage. Corner building is 18,812 square feet with 159 linear feet on Belmont Avenue. 3173 Elston Avenue is 4,500 square foot lot with a 4,200 square foot 1 story brick building under a triple net lease. Each apartment and each store pay their own and have individual forced air conditioning and heat units. Each apartment enjoys their own roof deck and there is a common roof deck for the tenants. There is a 19 car shared parking lot adjoining the properties. The properties are meticulously cleaned and well kept. There are 7 stores, 9 apartments plus income from a rooftop sign. The properties are in excellent condition but the properties will be sold as is where is. The sale would be subject to a 1031 Exchange. Same ownership for over 55 years. Financial information available on request. Proof of funds required on all offers. The properties will not be divided. Confirmed showings only. Agent Owned
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.43 Acres
Stories: 2.0
Taxes: $84,550
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
HVAC: Central Heat/Indiv Controls, Gas
Lot Dimensions: 18,812 SQ FT
Parcel#: 13252000010000
Tenant Pays: Air Conditioning, Heat
Units: 16
Listed By / Shown By
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 847-432-0700
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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3159 N California Avenue | MLS# 12351160
This commercial property located at 3159 N California Avenue, Chicago, IL 60618 is currently listed for sale with an asking price of $4,950,000. Search Chicago real estate on www.bhhscrosby.com today.