Illinois / Chicago / 60618 / 3950 North Elston Avenue

3950 North Elston Avenue

Q: What is the asking price for 3950 North Elston Avenue in Chicago?

The asking price for 3950 North Elston Avenue is $1,600,000

Q: What is the building size of this Multifamily property in Chicago, IL?

The size of the building/unit at 3950 North Elston Avenue in Chicago is 10,472 square feet.

Q: How much land does the Chicago, IL property at 3950 North Elston Avenue include?

3950 North Elston Avenue in Chicago includes 0.215 acres of land.

Q: What is the population within 1 mile of 3950 North Elston Avenue?

The population within 1 mile of 3950 North Elston Avenue Chicago, IL 60618 is 65,036 people.

Q: Who do I contact for questions about 3950 North Elston Avenue?

You should contact the listing agent, Jake Parker, for any details regarding this commercial listing.

Chicago, IL 60618

Listing ID: 279874

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Building Size: 10,472 SF

Lot Size: 0.215 AC

Land Size: 9,375 SF

Building $/SF: $152.79

Land $/SF: $170.67

Price

$1,600,000

Property Highlights

Three 3 Office Spaces Seven 7 Apartments

Favorable Unit Mix

Upside In Rents

14 Surface Parking Spaces

Description

Kiser Group is pleased to offer the sale of 3950 N Elston Ave, a 10-unit mixed-use walk-up building in the Irving Park neighborhood. The property's unit mix consists of three (3) ground floor office spaces and seven (7) apartments above, comprised of four (4) 1Bdr/1Ba units, two (2) 2Bdr/1Ba units and one (1) 2Bdr/2Ba unit, as well as 14 surface parking spaces in the rear of the building. All apartment units have updated to include granite countertops, black appliances and hardwood floors, as well as individual HVAC units. The office spaces have been fully built out and include a kitchen and bathroom in two of the spaces, and each space having individual HVAC units. The property has been well maintained with no upcoming capex needed. A new owner can increase rents in the apartments and the office spaces, as well as collect rent for the parking spaces that are not currently being charged for.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Multifamily Housing for Sale

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Listing Demographics for 3950 North Elston Avenue Chicago, IL 60618

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		65,036	508,974	1,273,987
Population Median Age		36	36	37
Population by Age	0-9 Yrs	7548 (11%)	64506 (12%)	146707 (11%)
	10-19 Yrs	7157 (11%)	52301 (10%)	126035 (9%)
	20-29 Yrs	10549 (16%)	86489 (16%)	238753 (18%)
	30-39 Yrs	12798 (19%)	102755 (20%)	242419 (19%)
	40-49 Yrs	9985 (15%)	72087 (14%)	165985 (13%)
	50-59 Yrs	7557 (11%)	55691 (10%)	142329 (11%)
	60-69 Yrs	5295 (8%)	41735 (8%)	113891 (8%)
	70+ Yrs	4147 (6%)	33409 (6%)	97868 (7%)

Median HH Income		$64,515	$72,744	$69,104
Total Household Income	< 24K	3299 (13%)	29506 (15%)	95492 (18%)
	25-49K	5579 (23%)	37190 (19%)	96482 (18%)
	50-74K	4746 (19%)	30701 (16%)	80685 (15%)
	75-99K	3271 (13%)	24152 (12%)	60698 (11%)
	100-199K	5128 (21%)	47399 (24%)	121490 (23%)
	200K+	1861 (7%)	20849 (10%)	56113 (10%)

Highest Education Level	No Diploma	8319	54236	116362
	Diploma or GED	10016	70981	168812
	Some College	7387	50839	133646
	Assoc. Degree	2917	19711	49307
	Bachelors Degree	11301	101990	266516
	Higher Degree	6159	61330	173392

Total Housing Units		26,324	208,863	563,951
--Owner-Occupied		10,596	87,979	233,902
--Renter-Occupied		13,287	101,818	277,058
Owner-Occupied Values	< 100K	367	2837	11540
	100-199K	1699	9968	35737
	200-299K	2546	21014	58660
	300-399K	2360	20928	48885
	400-499K	1247	11108	26796
	500K+	2377	22123	52283

Total Working Age Population		53,153	412,288	1,053,667
In Work Force		38,618	302,614	749,824
Not In Work Force		14,535	109,674	303,843
Workforce Employed		36,850	288,780	712,772
Workforce Unemployed		1,715	13,706	36,735
Civlian Workforce		38,565	302,487	749,507
Military Workforce		53	127	317

Total Households		23,884	189,797	510,960
Family Households		14,553	110,126	263,065
Non-Family Households		9,331	79,671	247,895
Married Couple		10,293	79,498	186,919
Other Family		4,260	30,628	76,146
Married w/Child		4,645	37,029	79,359
Single Male w/Child		530	3,663	8,430
Single Female w/Child		1,346	9,893	24,104

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3950 North Elston Avenue in Chicago?

The asking price for 3950 North Elston Avenue is $1,600,000

What is the building size of this Multifamily property in Chicago, IL?

The size of the building/unit at 3950 North Elston Avenue in Chicago is 10,472 square feet

How much land does the Chicago, IL property at 3950 North Elston Avenue include?

3950 North Elston Avenue in Chicago includes 0.215 acres of land

What is the population within 1 mile of 3950 North Elston Avenue in Chicago?

The population within 1 mile of 3950 North Elston Avenue Chicago, IL 60618 is 65,036 people.

Who do I contact for questions about 3950 North Elston Avenue?

You should contact the listing agent, Jake Parker, for any details regarding this commercial listing.

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