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$1,500,000
6 Beds 2 Baths 12696771 MLS ACTIVE Status
Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.

2732 W Belmont Avenue, Chicago

$1,199,000
12664077 MLS CONTINGENT Status
**PERFECT FOR OWNER-USER OR INVESTOR - PRIME AVONDALE MIXED-USE OPPORTUNITY** Exceptional mixed-use investment opportunity in the heart of rapidly growing Avondale. This highly visible corner property offers approximately 5,368 square feet and benefits from strong traffic exposure with over 15,000 vehicles passing daily. The commercial space features approximately 2500 square feet currently open space, plus two full basements providing an additional 2,000 square feet of valuable storage space. Estimated rental income for the commercial space is approximately $5,000 per month. Above the commercial unit are two well-sized 2-bedroom apartments with a combined estimated rental income of approximately $4,000 per month. Positioned in one of Chicago's most active development corridors, the property is surrounded by numerous new residential projects, including several proposed townhouse developments within just a few blocks. This ongoing growth is expected to further increase neighborhood density, customer traffic, and long-term property value. The location offers outstanding accessibility, just minutes from the Kennedy Expressway via Sacramento, Kedzie, and California Avenue, and approximately a 15-minute walk to the CTA Blue Line at Kimball. Whether you're an owner-operator seeking a live/work opportunity or an investor looking for income and future appreciation, this Avondale property presents exceptional potential in a thriving neighborhood.

3256 N Elston Avenue, Chicago

$945,000
12122733 MLS CLOSED Status
Four rental units, (2) stores and (2) apartments above on a 48 ft lot. Both storefronts have full baths for a live/work situation. Residential tenants have waived their Right of First Refusal for the NSHP Ordinance. AND the parcel is in Chicago Enterprise Zone #4, that means buyer is exempt from city transfer taxes, approx $7000! Property zoned C1-1, one of the only mixed use properties for sale in SE Avondale. In between two B3-3 parcels. Approx 3000 sqft parking lot in rear. See pertinent LISTING INFO in Documents. The Best of Avondale, walk to Kumas Korner, Dark Matter Coffee, Avondale Coffee, TriBeccas Sandwich shop, Honey Butter Fried Chicken, Blue Line CTA. Two minutes to Kennedy Xway. - TOO MUCH TO LIST, see Listing Info in Documents for pertinent info. Please have Source of Funds or Mortgage approval available prior to showings

2914 W Belmont Avenue, Chicago

$18,000,000
12369091 MLS ACTIVE Status
Incredible development opportunity. Belmont Triangle site in Avondale. Approx. 3.28 acres parcel at Belmont Ave, Milwaukee Avenue and Pulaski Road. | Strauss Realty, Ltd. is proud to offer a rare opportunity to redevelop a substantial, 3.28 acre contiguous site in the heart of Avondale-bordered by Pulaski Road (20K VPD), Belmont Avenue (16K VPD), and Milwaukee Avenue (17K VPD). This prominent parcel is ideally suited for a higher-density, mixed-use development that could include residential units, a grocery store, restaurants, bars, entertainment venues, or even a lifestyle center with community-focused retail. Formerly home to industrial buildings, small businesses, and auto-related uses, the site is now largely vacant -creating a noticeable gap in Avondale's commercial landscape. Recognizing its potential, the previous alderman supported zoning changes to allow for four- to five-story buildings, signaling readiness for revitalization. There is strong community support for redevelopment, with the shared goal of transforming the "Belmont Triangle" into a vibrant, mixed-use destination that reflects the neighborhood's character and needs. A 2022 survey revealed that most respondents access the site by walking or driving, and expressed strong interest in open spaces along with dining and retail options. In 2022, the Department of Planning and Redevelopment designed three schemes (see brochure). As nearby neighborhoods like Logan Square and Bucktown continue to rise in cost, Avondale is becoming an increasingly attractive alternative for residents and investors alike. Demand for both residential and commercial uses remains strong, positioning this site for significant returns. The site offers outstanding accessibility and exposure, with easy access to transportation including I-90/94, the Belmont Blue Line station, and the Irving Park Metra station. The surrounding neighborhood features a mix of community assets such as schools, churches, and a range of active retail establishments, reinforcing the site's potential for impactful mixed-use development. Nearby tenants include Las Islas Marias, Walgreen's, CVS, HR Block, BP Gas, AT&T Store, McDonald's, PNC Bank, shops, laundry and dining. Development incentives include eTOD, NOF, TIF, LIHTC, federal subsidies grants and loans, Cook County Tax Incentives for Class 7A, 7B and L properties. The population within 1 mile is 44,014 with 17,021 households and average household income of $97,116.

3278 N Milwaukee Avenue, Chicago

$3,150,000
12328342 MLS CLOSED Status
This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.

3110 W Belmont Avenue, Chicago

$389,000
7 Beds 3 Baths 12216168 MLS CLOSED Status
Exceptional Investment Opportunity in Rapidly Growing Avondale Located in the heart of Avondale, this B3-1 zoned property is the perfect canvas for your next development project. Situated on busy California Avenue, this teardown offers unmatched potential to create a mixed-use building that aligns with the area's dynamic growth and vibrant community. With zoning that allows for ground-floor commercial use and residential units above, the possibilities are endless. From retail spaces to salons, or even boutique dining, this site is primed for a range of business ventures. The surrounding area is a thriving rental market with increasing property values, making it an ideal investment for long-term returns. Avondale is one of Chicago's most rapidly developing neighborhoods, with easy access to public transportation, expressways, and a growing influx of new businesses and residents. Seize this opportunity to build in a high-demand location where your vision can truly thrive. Don't wait-capitalize on this rare chance to shape the future of Avondale!

3050 N California Avenue, Chicago

$431,500
2 Beds 2 Baths 12021145 MLS CLOSED Status
Bright, modern two bed, two bath, 2nd floor condo in a wonderful area of Avondale with a true neighborhood feel. Built in 2018 with designer finishes and fixtures. Well maintained by same single owner in a 6 unit building. Offers two beds, two baths and two decks, one facing East that floods the living room with morning light and a gorgeous tree view. The other facing West with day and evening sunshine. Living area has glass sliding doors to deck and is open to the kitchen. Bosch appliances, large kitchen sink, garbage disposal and large peninsula. The master bedroom is spacious with an en-suite bathroom, double vanity, walk in shower and extra built-in cabinets and counter for additional storage and use. Windows that offer privacy yet plenty of sunlight. Black out shades included. Second bedroom offers enough space for flexibility in furniture arranging depending on your needs and a large closet with mixed use shelving and hanging space. Second bath has updated fixtures and a modern bathtub. In unit full size washer and dryer with built-in storage, counter for folding and additional clothes hanging space. Coat closets at both front and back entrances. Close to the highway and blue line, within walking distance or a short ride to many bars, restaurants and shopping. Includes one designated, covered parking spot with automated gate.

3430 N Lawndale Avenue Unit #2S, Chicago



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