Welcome to this beautifully gut-rehabbed mixed-use property in the heart of Irving Park. An excellent turnkey investment opportunity, this fully-occupied building features stable tenants in place and strong cash flow. Completely updated from top to bottom, the property offers a low-maintenance ownership experience with no upcoming capital expenses and is income-producing from Day One. Located on Irving Park Road at the gateway to I-90/I-94, the property benefits from nearly 30,000 vehicles per day (VPD), providing outstanding visibility and advertising exposure. Zoned B3-1, it is conveniently served by a bus stop at the corner and offers easy access to both the Metra and the Blue Line. Surrounded by new developments, family-owned restaurants, local shops, and a thriving residential community, this is an exceptional opportunity for investors and owner-users alike.
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
Wood flooring
Kitchen
One range
One dishwasher
One garbage disposal
Laundry & utility
One washer
One dryer
Flooring
Wood
Heating & cooling
Central heating with individual controls
Forced air, gas heating
Central air conditioning
Exterior features
City street and public road frontage
25 x 123 lot dimensions
Zoned COMMR
Home design
Mixed-use property
Corporation ownership
Parking
1–5 outdoor parking spaces
Construction
Brick, stone, and vinyl siding exterior
Rubber flat roof
Concrete perimeter foundation
Built before 1978
Utilities
Electric service 201–600 amps
Financial info
Tax year 2024
Other
Two total 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
17
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
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
52/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
5.4 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3044 W Irving Park Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More