Elmwood Park IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
8,286
Status:
NEW LISTING
Beds:
n/a
Year built:
1967
Baths:
MLS#:
12263965

ADDITIONAL INFORMATION

Never offered on the market! Custom-built, 8286 sqf 6-flat apartment. All units above grade. All face brick. Building well maintained.Entire building has been smoke/pet free. Most units are in good condition, but dated. All apartments have exposed brick wall, as well as oversized rooms throughout. 6 Balconies and lots of 'green space'. Long-time tenants reflect very low rental prices, as well as no income from owner apartment. Penthouse owner's apartment which includes 2BR, 2BA, FAM, LR, DR, KIT, BAL, private laundry, storage, central vacuum, central air, and central heat. Additional below-grade basement with 2 exits for incredible storage or common area for tenants. Hot water heat in 5 units, and radiant heat in ground floor units. Coin laundry, storage. 5 assigned parking in rear. SOLD AS-IS, including all appliances. Buyer responsible for Village Inspection repairs. Report online when completed.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1959
Baths:
MLS#:
12264171

ADDITIONAL INFORMATION

Never before offered for sale Custom built by current owners. 4524 SF building offering 6 units, two 1 BR, four 2 BR. All units above grade, oversized, with all around face Brick. 4 balconies. All units smoke/pet free since built. Units are mid-century dated, but in good condition. Long-term tenants reflect low rent roll. Five parking spaces in rear. Well maintained property is being sold AS-IS. Buyer responsible for Village repairs (minor to code). Report will be available within the week, and can be viewed online. Newer hot water tanks, radiant heat in ground floor units, hot water heat, hardwood & parquay floors, exposed brick, private outside unit storage closet. Ground floor coin operated laundry. Plenty of green space. Seller would prefer to sell both units together MLS#12263965.

Type:
Other
Sq.Ft.:
5,600
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
12214986

ADDITIONAL INFORMATION

This one-of-a-kind investment opportunity is located in the heart of Elmwood Park's bustling downtown. The property is a mixed-use building with 100 percent occupancy that offers incredible potential for investors. Upstairs, there are two fully rehabbed residential units, each featuring 2 BED/ 1 BATH with in-unit washer/dryer. Both units are fully occupied, with tenants responsible for their own gas and electricity, ensuring consistent and reliable rental income. The downstairs commercial storefront is currently utilized as a cafe and gaming room, providing a dynamic and popular space for the community. The commercial tenant is responsible for water, gas, electricity, and repairs. Tenant is open to extending their lease for an additional 5 to 10 years, offering a secure and stable long-term investment opportunity. Additionally, there is an extra commercial space that is currently leasing as a banquet facility or venue, complete with its own separate PIN number, address and entrance. The basement provides ample storage space, adding further convenience and functionality to the property. The building also features an outdoor courtyard and parking, which make it ideal for hosting events such as private parties or other gatherings. These features add further value and versatility to the space. The landlord is responsible for paying property taxes, while the current setup minimizes other maintenance responsibilities, creating a low-effort yet profitable investment opportunity. With its prime location, multiple revenue streams, and endless potential, this building is truly a gem. Don't miss your chance to own this remarkable property and take advantage of its many possibilities.

Type:
Office
Sq.Ft.:
3,595
Status:
Active
Beds:
n/a
Year built:
1949
Baths:
MLS#:
12206493

ADDITIONAL INFORMATION

Explore this fantastic property with our 3D Walk-Through! Located in the desirable Elmwood Park area, this spacious office space offers endless possibilities. With a generous interior spanning 3,595 square feet and a sizable land space of 6,250 square feet, this property was formerly utilized as the Carpenter's Union office. Inside, you'll find two large open rooms separated by doors, one featuring a fully updated kitchen and the other offering separate enclosed offices. Additionally, there are two bathrooms and a large storage/utility room for added convenience. Two back doors provide easy access to both sides of the office, while the huge parking lot in the rear of the building can accommodate multiple cars. This property presents a unique opportunity for either updating to suit your needs as an amazing office space or considering redevelopment for multi-family use. Situated on highly visible Grand Ave, directly across from the Elmwood Park Train Station, this location offers prime exposure. Don't miss the chance to explore the potential of this property - schedule a viewing today! Sold AS-IS.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1961
Baths:
MLS#:
12080577

ADDITIONAL INFORMATION

Great Income Investment opportunity! This Beautiful brick multifamily property located in the highly coveted neighborhood of Elmwood Park This impressive property features six well-maintained units, Five of which offer two bedrooms and one bathroom. Each unit boasts gleaming hardwood or Newer Vinyl floors, appliances, some unit with new remodel kitchen and remodel Bathroom. Tenants have the convenience of on-site app laundry that also generates extra income for the owner along with 4 parking spots. The property is in a prime location near some of the best shopping and restaurants the neighborhood has to offer. The local schools are highly rated, providing a top-notch education for the children. With its prime location and exceptional features, this multifamily is an ideal option for those looking to invest in a profitable and growing neighborhood. Owner prefers to sell with 2646 N Harlem as a portfolio don't hesitate - contact us today to schedule a viewing and make this property yours!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1961
Baths:
MLS#:
12080538

ADDITIONAL INFORMATION

Great Income Investment opportunity! This Beautiful brick multifamily property located in the highly coveted neighborhood of Elmwood Park This impressive property features 2024 New Roof, six well-maintained units, Five of which offer two bedrooms and one bathroom. Each unit boasts gleaming hardwood or Newer Vinyl floors, appliances, some unit with new remodel kitchen and remodel Bathroom. Tenants have the convenience of on-site app laundry that also generates extra income for the owner along with 4 parking spots. The property is in a prime location near some of the best shopping and restaurants the neighborhood has to offer. The local schools are highly rated, providing a top-notch education for the children. With its prime location and exceptional features, this multifamily is an ideal option for those looking to invest in a profitable and growing neighborhood. Owner prefers to sell with 2650 N Harlem as a portfolio don't hesitate - contact us today to schedule a viewing and make this property yours!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
12060324

ADDITIONAL INFORMATION

A 5-unit brick building featuring long-term tenants. Each unit includes 2 bedrooms and 1 bathroom, with a spacious living room and kitchen. Units boast ample closets and hardwood floors throughout. The building offers coin laundry in the basement and additional storage space. Four units are currently rented below market value, with all tenants on a month-to-month lease except for one unit. One unit was newly remodeled. Recent updates include a hot water heater replaced in 2024, another in 2020, storage units in 2020, a sump pump in 2023, and all toilets in 2023. New windows to be installed October 1st 2024. The building is conveniently located within walking distance to the Metra and just minutes away from restaurants and shopping.

Type:
Condo
Sq.Ft.:
437,475
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
12004664

ADDITIONAL INFORMATION

Located just west of the intersection at North and Harlem Avenues in Elmwood Park, this 3,300 square foot office condominium is available for sale. Part of the Cameo Towers Building, there are 178 residential units and 20 commercial units. This is the perfect opportunity to occupy one suite and benefit from the rental stream from the lease with H&R Block. Nearby retailers include Walgreens, Panera Bread, CVS, McDonald's, several restaurants and more. The Village of Elmwood Park is a unique residential and historical community with a number of commercial corridors and is located 13 miles from the City of Chicago.

Type:
Condo
Sq.Ft.:
1,600
Status:
Active
Beds:
n/a
Year built:
2005
Baths:
MLS#:
11986120

ADDITIONAL INFORMATION

Corner Location, Across from Metra on Busy Grand Ave. Newer Building with Parking and Great Exposure. Currently rented $2,800/month. Call for Easy Showings!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Elmwood Park Real Estate

The median home value in Elmwood Park, IL is $273,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Elmwood Park, IL is $273,000. Approximately 57.85% of Elmwood Park homes are owned, compared to 34.98% rented, while 7.17% are vacant. Elmwood Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elmwood Park real estate agent to arrange a tour today!

Elmwood Park, Illinois has a population of 24,517. Elmwood Park is less family-centric than the surrounding county with 28.78% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Elmwood Park, Illinois is $68,833. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Elmwood Park is 39.9 years.

Elmwood Park Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.2 inches of snow per year.

Elmwood Park Real Estate Market Conditions

  • Median sales price

    $273,000
    9.6% change since last quarter
  • # Active listings

    74
    30-day change

Elmwood Park Schools and Demographics

Education near Elmwood Park, IL

Metric City County
High School Graduates 90.43 87.97
College Degree - 2 year 9.51 6.73
College Degree - 4 year 29.02 40.75
Graduate Degree 8.74 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Elmwood Park, IL

School Grades Students P/T Ratio ZIP
Early Childhood Center PK - KG 221 17.9 60707
Elmwood Elementary School 01 - 06 592 13.4 60707
Galileo Elementary Math & Sci Schol ACD KG - 08 558 18.2 60607
Jackson A Elementary Language Academy KG - 08 566 17.5 60607
John Mills Elementary School 01 - 06 650 14.7 60707
Skinner Elementary School PK - 08 963 20 60607
South Loop Elementary School PK - 08 904 21.2 60605
Stem Magnet Academy Elementary KG - 06 392 15.7 60607

Middle Schools near Elmwood Park, IL

School Grades Students P/T Ratio ZIP
Elm Middle School 07 - 08 402 13.1 60707

High Schools near Elmwood Park, IL

School Grades Students P/T Ratio ZIP
Elmwood Park High School 09 - 12 969 16.1 60707
Jones College Prep High School 09 - 12 1,427 19.1 60605
Young Magnet High School 07 - 12 2,205 19.1 60607

Ungraded Schools near Elmwood Park, IL

School Grades Students P/T Ratio ZIP
Chicago International Charter School KG - 12 8,347 16.7 60603
Chicago Virtual Charter School KG - 12 675 21.4 60607
Intrinsic Charter High School 07 - 10 448 20.9 60602
Noble Street Charter Schools 06 - 12 10,195 16.8 60602
Uno Academy Charter Schools KG - 12 7,923 19.6 60607

Demographics near Elmwood Park, IL

Metric City County
Neighborhood Type Inner City
Population 24,517 5,265,398
Population Density 12,850 5,572
Median Age 39.9 37.3
People per Household 2.6 2.5
Median Household Income 68,833 72,121
Average Income per Capita 33,865 41,706