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For Sale

The Burlington

3425 W Fullerton Ave,
Chicago, IL 60647

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
1918
Year Built
3
Floor Count
1
Building Count
0.07 Acres
Land Area
3 Units
Unit Count
0 SF
Average Unit Size
5,300 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

3245 W Fullerton Avenue presents a rare opportunity to acquire a mixed-use property in the heart of Logan Square, one of Chicago’s most desirable and dynamic neighborhoods. Long home to The Burlington, a well-known neighborhood tavern, the building features approximately 2,900 SF of ground-floor commercial space and two oversized apartments above. The offering includes the real estate only; existing tavern licenses and furniture, fixtures, and equipment (FF&E) are excluded from the sale. The commercial space offers flexibility for a variety of concepts, including conversion to traditional retail or a new tavern operation under independently obtained licensing. Prospective purchasers may also explore video gaming as a potential additional revenue source, subject to location eligibility, applicable regulations, and all required state and municipal approvals. Above the commercial space are two approximately 1,200 SF apartments, each featuring three bedrooms, one bathroom, and central air conditioning. Both units are in good condition, with opportunities to enhance rental income through light cosmetic improvements and amenity upgrades. Neither apartment currently offers in-unit or common laundry, providing an additional opportunity to improve tenant appeal and support future rent growth. With residential income potential, flexible commercial space, and an established Logan Square location, the property offers compelling possibilities for investors and owner-users alike.


Investment Highlights

  • Prime Logan Square mixed-use investment or owner-user opportunity
  • Approximately 2,900 SF of ground-floor commercial space, long home to The Burlington
  • Two spacious apartments above, each approximately 1,200 SF with three bedrooms, one bathroom, and central air conditioning
  • Flexible commercial space suitable for traditional retail or a new tavern concept, subject to zoning and licensing
  • Potential video gaming opportunity, subject to eligibility and required state and municipal approvals
  • Residential value-add potential through cosmetic improvements and the addition of laundry amenities
  • Real estate only—existing tavern licenses and furniture, fixtures, and equipment (FF&E) are excluded from the sale

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Listing Syndicated From

Buildout
For Sale
$950,000
Asking Price