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3400 LAKE Street  Chicago IL 60624

3400 LAKE Street Chicago, IL 60624

For Sale
3400 LAKE Street
Chicago, IL 60624
Price: $650,000
Type: Commercial Sale
Agent: Leticia Andrade
Agent Email: soldbyleticia@gmail.com
Broker: Fulton Grace Realty
Broker Phone: 773-698-6648

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.

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