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3425 W Fullerton Ave 5,300 SF Retail Building Chicago, IL 60647 $1,779,798 CAD ($335.81 CAD/SF)
INVESTMENT HIGHLIGHTS
- Tavern License in Place
- Entertainment Room in Rear
- Logan Square Location
- Two 3 Bed/1 Bath Apartments
- Full Basement
- Well-Known & Established Business
EXECUTIVE SUMMARY
3245 W Fullerton offers a rare opportunity to acquire a 3-unit brick mixed-use building in the heart of Logan Square, one of Chicago’s most sought-after neighborhoods. The property features a 2,900 SF ground-floor tavern, home to The Burlington, a long-standing neighborhood favorite with strong local recognition. The sale includes the tavern business and license, providing a turnkey opportunity for an operator or investor seeking a proven hospitality concept in a prime location.
Above the retail space are two large 1,200 SF three-bedroom, one-bath apartments, each offering central air. While the units are in functional condition, minor updates would allow new ownership to significantly increase rental income and further enhance the property’s value. The apartments currently do not have laundry, which presents an additional opportunity to add amenities and drive future rent growth.
This property combines a stable, established commercial tenant with residential upside in one of Chicago’s most vibrant and dynamic neighborhoods. With excellent visibility along Fullerton Avenue and strong transit accessibility, 3245 W Fullerton represents a rare chance to own a well-located mixed-use asset with both cash-flow stability and value-add potential.
Above the retail space are two large 1,200 SF three-bedroom, one-bath apartments, each offering central air. While the units are in functional condition, minor updates would allow new ownership to significantly increase rental income and further enhance the property’s value. The apartments currently do not have laundry, which presents an additional opportunity to add amenities and drive future rent growth.
This property combines a stable, established commercial tenant with residential upside in one of Chicago’s most vibrant and dynamic neighborhoods. With excellent visibility along Fullerton Avenue and strong transit accessibility, 3245 W Fullerton represents a rare chance to own a well-located mixed-use asset with both cash-flow stability and value-add potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,300 SF
Building Class
C
Year Built
1918
Price
$1,779,798 CAD
Price Per SF
$335.81 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.74
Lot Size
0.07 AC
Zoning
B3-1
Frontage
25’ on W Fullerton Ave
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (72)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 13-35-202-004-0000 | Improvements Assessment | $71,311 CAD |
| Land Assessment | $15,236 CAD | Total Assessment | $86,547 CAD |
PROPERTY TAXES
Parcel Number
13-35-202-004-0000
Land Assessment
$15,236 CAD
Improvements Assessment
$71,311 CAD
Total Assessment
$86,547 CAD
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3425 W Fullerton Ave
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