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Investment Highlights

  • Located in the heart of Chicago's rapidly evolving North Branch corridor.
  • Ground level features a fully functional commercial/office space.
  • Fully renovated loft-style residence.
  • ?Flexibility for commercial, production, studio, showroom, or digital business.
  • Attached four-car garage with 11' ceilings.

Executive Summary

Located in the heart of Chicago's rapidly evolving North Branch corridor at the intersection of Bucktown, Lincoln Park, 2331 N Elston Ave presents a rare, design-forward live/work asset built for today's creator economy. Zoned M3-3, this property offers true flexibility for commercial, production, studio, showroom, or digital business use-perfectly suited for DJs, musicians, content creators, designers, and entrepreneurs seeking a seamless integration of workspace and residence.? The ground level features a fully functional commercial/office space, ideal for a studio, recording space, gallery, or client-facing business.? The attached four-car garage with 11' ceilings provides exceptional utility-perfect for equipment storage, production build-outs, or creative conversion (think podcast studio, photo/video set, or private event space).? Above, a fully renovated loft-style residence delivers a clean, modern backdrop ideal for both living and content creation.? The open-concept layout is flooded with natural light from oversized windows and skylights, offering unobstructed park views and a dramatic south-facing skyline-an ideal setting for filming, streaming, or entertaining.? The oversized kitchen island anchors the space, while the flexible layout allows for multiple shooting angles, work zones, or collaborative environments.? Two bedrooms positioned on opposite ends provide privacy and versatility-whether for living, editing suites, or additional studio space.? The spa-style bathroom, in-unit laundry, and abundant built-in storage enhance livability without compromising the creative flow.? From a location standpoint, this property sits within the direct path of growth driven by the massive Lincoln Yards redevelopment, bringing a wave of new residential density, retail, entertainment, and infrastructure to the immediate area.? The surrounding Elston corridor has quickly become a hub for boutique fitness, creative office, and experiential concepts-aligning perfectly with modern lifestyle brands and independent operators.? Accessibility is unmatched, with immediate proximity to the Kennedy Expressway, Milwaukee Avenue, and CTA Blue Line access at Damen-making it easy for clients, collaborators, or teams to connect.? Outdoor and lifestyle amenities including the The 606 and riverwalk trails are just steps away.? Additionally, Midtown Athletic Club sits just around the corner, offering a high-end wellness and networking environment with pools, tennis, fitness classes, and dining-an added lifestyle plus for any modern operator.? This is not just a property-it's a platform.? Whether you're building a brand, scaling a digital presence, producing content, or operating a creative business, 2331 N Elston offers the infrastructure, flexibility, and location to support it-all while capturing long-term upside in one of Chicago's most dynamic growth corridors.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025)

Annual Annual Per SF
Taxes $12,916 $4.89
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes
Annual $12,916
Annual Per SF $4.89
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $12,916
Annual Per SF $4.89

Property Facts

Price $1,299,900
Price Per SF $492.39
Sale Type Owner User
Property Type
Industrial
  • Industrial Manufacturing
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class C
Lot Size 0.07 AC
Rentable Building Area 2,640 SF
No. Stories 2
Year Built/Renovated 1889/1953
Tenancy Single
Zoning M3-3
Exceptionally walkable
90/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
14-31-200-023-0000
Land Assessment
$19,375
Improvements Assessment
$57,625
Total Assessment
$77,000
Annual Taxes
$12,916 ($4.89/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 40685981

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 2331 N Elston Ct, Chicago, IL 60614

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