Back to search
Active

3538 North Avenue

Chicago, IL 60647
Directions
$680,000
0beds
0baths
sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

Welcome to 3538 W North Ave-an exceptional mixed-use opportunity in the heart of Chicago offering versatility, income potential, and a rare financial advantage. This property features multiple streams of income, making it ideal for both investors and owner-occupants alike. The standout feature? An assumable VA loan at an incredibly low rate-an opportunity that is nearly impossible to find in today's market. Qualified buyers can step into this favorable financing and significantly reduce their monthly costs, maximizing cash flow and long-term returns. The property includes a storefront on the main level, perfect for a business, office, or creative space, or you can use it as an event space to rent out hourly, along with residential units above. With the ability to generate income from both the commercial and residential components, this is truly a money-making asset. Live in one unit and potentially have your mortgage covered by rental income, or lease out all spaces for a fully passive investment. Inside, the units offer updated kitchens and bathrooms and wood flooring throughout providing modern appeal to attract quality tenants. Each unit has 2 bedrooms, 1 bathroom and separate dining and living room areas with a separate enclosed porch. The layout supports comfortable living while maintaining strong rental demand in the area. Location is everything, and this property does not disappoint. Situated on a high-visibility street in Humboldt Park, it benefits from consistent foot and vehicle traffic-ideal for any business venture. Just minutes from downtown Chicago, tenants and owners alike will enjoy quick access to the city's top dining, entertainment, and employment hubs. Public transportation, major highways, and neighborhood amenities are all within close reach. This is more than just a property-it's an opportunity to build wealth, generate income, and take advantage of one of the most attractive financing options available today. Whether you're a savvy investor or a buyer looking to house hack your way into real estate, 3538 W North Ave checks every box. Don't miss your chance to secure a high-performing asset in a prime location with unmatched financial upside
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1904
Lot dimensions25x36
AreaCHI - Humboldt Park
Annual tax$4,867
First listedMay 4, 2026
Parcel #13354180310000
CountyCook
MLS #MRD12638311
Days on market2
Photos32

Features

Cooling
Central Air

Mentioned in description

dwello's AI pulled these details from the agent's listing description. Each is a direct quote — verify anything critical with the agent.

  • ✨ Hardwood Floors “wood flooring throughout providing modern appeal to attract quality tenants”
  • ✨ Updated Kitchen “Inside, the units offer updated kitchens and bathrooms”
Listed by
Chicagoland Brokers Inc.
Noemi Gaud · 773-798-4198

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/5/2026, 4:09:11 PM. All data should be independently verified.

$680,000
0 bd · 0 ba
You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…