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
SEE ALL PHOTOS
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
Active Under Contract

3801 W Chicago Avenue

3801 W Chicago Avenue, Chicago, IL 60651

$229,000
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 Active Under Contract
  • 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$229,000
  • Real Estate Tax $2,055/yr
  • Zoning COMMR
View Virtual Tour
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 3801 W Chicago Avenue, Chicago, IL 60651. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Chicago

Explore

Work With Us

We pride ourselves in providing personalized solutions that bring our clients closer to their dream properties and enhance their long-term wealth.

Follow Us on Instagram