3400 West Lake Street, Chicago, IL

$650,000

Previous Next

About 3400 West Lake Street

Exceptional investment opportunity in East Garfield Park! This well-maintained 5-unit mixed-use building is ideally located just steps from the Garfield Park Conservatory and Kedzie Green Line, offering a diverse income stream with four commercial units and one residential unit. Current tenants include a beauty salon (leased through August 2028), an auto tint shop (month-to-month), and a convenience store (lease through July 1, 2027), with one commercial space-formerly a barber shop-currently vacant, offering additional upside. Zoned M1-3 with no current building violations, the property has seen recent improvements including updated plumbing, reinforced basement supports, tuckpointing, new flashing, and electrical upgrades. Tenants are responsible for all utilities except water/sewer/trash, which are split between two water bills for simplified management. Located directly across from Garfield Park and near the Metra UP-W, Kedzie Green Line, I-290, and just 10 minutes from Downtown and the United Center, this property offers both stability and long-term growth potential in one of Chicago's most rapidly evolving neighborhoods.

Features of 3400 West Lake Street

MLS® # 12375011
Price $650,000
Bathrooms 0.00
Acres 0.00
Year Built 1891
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 3400 West Lake Street
Area CHI - East Garfield Park
City Chicago
County Cook
State IL
Zip Code 60624

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 144
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFulton Grace Realty
Contact Info773-698-6648

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?