3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
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3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
3801 W Chicago Avenue
Sold

3801 W Chicago Avenue

3801 W Chicago Avenue, Chicago, IL 60651

$215,000
Prime Corner Mixed-Use Investment Opportunity in Humboldt Park! Take advantage of this incredible value-add opportunity with this historic two-story brick building located on the high-traffic corner of Chicago Avenue and Hamlin. Built in 1881 and offering 3,200 sq. ft., this B3-2 zoned property is ideal for investors or owner-operators looking for a strategic location with ample street parking and strong visibility, estimated 19,000 VPD. The first floor is currently leased to "Chicago Best Burrito," a well-established and successful restaurant paying 1,350/month, with a lease in place until April 1, 2026, plus a two-year renewal option-providing immediate cash flow. The second floor features an expansive 4-bedroom, multi-bathroom apartment in need of rehab. With updates, this unit could generate an estimated rental income of 2,600/month, significantly increasing the property's overall revenue potential. At the rear of the property, you'll find a sturdy wooden porch, as well as green space enclosed by a well-maintained black iron fence, offering added security and privacy. While the building does require some repairs, including tuckpointing and a potential roof replacement, the long-term potential is enormous. With its high-visibility corner lot, strong rental upside, and a mix of residential and commercial space, this property presents an exceptional investment opportunity in a growing neighborhood. Schedule your showing today and explore the possibilities!

3,216 Sq.Ft. LIVING AREA

3,000 Sq.Ft. lot

Brandon Banks

Brandon Banks

Features & Amenities

Interior

  • Flooring Carpet, Tile

Area & Lot

  • Status Sold
  • Living Area3,216 Sq.Ft.
  • Lot Area3,000 Sq.Ft.
  • MLS® ID12310197
  • TypeOther
  • YEAR BUILT1881
  • NeighborhoodChicago

Exterior

  • STORIES2
  • utilitiesCable Available
  • roofRubber
  • AIR CONDITIONINGPartial
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$215,000
  • Real Estate Tax $2,055/yr
  • Zoning COMMR
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