3400 W LAKE Street
Chicago, IL, 60624
$650,000
Beds
0 Baths
6,100 SqFt
0 Acres
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$650,000
3400 W LAKE Street
Chicago, IL, 60624
MLS #MRD12375011 img 0MLS #MRD12375011 img 1MLS #MRD12375011 img 2MLS #MRD12375011 img 3MLS #MRD12375011 img 4MLS #MRD12375011 img 5MLS #MRD12375011 img 6MLS #MRD12375011 img 7MLS #MRD12375011 img 8MLS #MRD12375011 img 9MLS #MRD12375011 img 10MLS #MRD12375011 img 11MLS #MRD12375011 img 12MLS #MRD12375011 img 13MLS #MRD12375011 img 14MLS #MRD12375011 img 15MLS #MRD12375011 img 16MLS #MRD12375011 img 17MLS #MRD12375011 img 18MLS #MRD12375011 img 19MLS #MRD12375011 img 20MLS #MRD12375011 img 21MLS #MRD12375011 img 22MLS #MRD12375011 img 23MLS #MRD12375011 img 24MLS #MRD12375011 img 25MLS #MRD12375011 img 26MLS #MRD12375011 img 27MLS #MRD12375011 img 28MLS #MRD12375011 img 29MLS #MRD12375011 img 30MLS #MRD12375011 img 31MLS #MRD12375011 img 32MLS #MRD12375011 img 33MLS #MRD12375011 img 34
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.

Property Details

Price:
$650,000
MLS #:
MRD12375011
Status:
Active
Beds:
0
Baths:
0
Address:
3400 W LAKE Street
Type:
Commercial
Neighborhood:
CHI – East Garfield Park
City:
Chicago
Listed Date:
May 26, 2025
State:
IL
Finished Sq Ft:
6,100
Total Sq Ft:
6,100
ZIP:
60624
Year Built:
1891

Schools

Interior

Cooling
Central Air
Flooring
Carpet, Wood

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$69,741
Tax Year
2023
Taxes
$6,563
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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3400 W LAKE Street
Chicago, IL