FOR SALE: Theater and two residential units! Prime mixed-use opportunity in Irving Park. The property features a 5,183 SF, 150-seat theater with impressive 25' ceilings, plus two fully renovated 2BD/1BA apartments (2016). The turn-key theater space offers a full build-out including stage, seating, bar, and dressing rooms, while the residential units provide modern finishes and reliable income. Ideal for an owner-user, with in-place apartment revenue and a commercial lease in place through December. High-visibility Irving Park Road location with 41,000+ vehicles per day and convenient access to CTA buses and Blue Line.
Irving Park, located between the North Branch of the Chicago River and the Kennedy Expressway, is a residential and transit-linked Chicago neighborhood with historic boulevards and a broad park-and-trail network. The neighborhood’s character concentrates around the Six Corners junction at Irving Park Road, Cicero Avenue, and Milwaukee Avenue, where old storefronts, corner bakeries, and long-running eateries keep the sidewalks active. Architectural identity leans on classic Chicago bungalows and sturdy two-flats, with leafy blocks radiating from Independence Park. Old Irving Brewing Co. anchors the local beer-and-pizza scene, while the Irish American Heritage Center adds a cultural calendar in a landmark building. The CTA Blue Line and Metra at Irving Park stitch the area to downtown and O’Hare, and the North Branch Trail frames weekend miles along the river.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Mixed-use interior configuration (property contains commercial and residential units)
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
50 x 117 lot dimensions
Commercial/residential zoning (COMMR)
Home design
Mixed Use property
Construction
Built before 1978
Utilities
Electric service: Other
Financial info
Annual property tax (2024): $16,281.71
Other
Property contains 3 units
Electricity and solar
View estimated energy costs and solar savings for this home
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. Development in B3 districts will generally be destination-oriented, with a large Percentage of customers arriving by automobile. Therefore, the supply of off-street parking will tend to be higher in B3 districts than in B1 and B2 districts. The B3 district permits residential dwelling units above the ground floor. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts. The B3 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations (see Sec. 17-3-0401).
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Mixed use
Office
Library
Post office
Veterinary clinic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60618
Average low and high temperatures (°F)
31
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39
25
55
35
62
44
68
50
83
64
87
71
83
67
80
62
69
52
52
39
38
25
Jan
Feb
Mar
Apr
May
Jun
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Sun exposure
81/ 100
Very good sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3014 W Irving Park Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.