The Burlington

3425 W Fullerton Ave Chicago, IL 60647

Chicago
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,275,000
Last Verified:
Nov 12, 2025

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Highlights

  • Tavern License in Place
  • Two 3 Bed/1 Bath Apartments
  • Entertainment Room in Rear
  • Full Basement
  • Logan Square Location
  • Well-Known & Established Business

Description

3245 W Fullerton offers a rare opportunity to acquire a 3-unit brick mixed-use building in the heart of Logan Square, one of Chicago’s most sought-after neighborhoods. The property features a 2,900 SF ground-floor tavern, home to The Burlington, a long-standing neighborhood favorite with strong local recognition. The sale includes the tavern business and license, providing a turnkey opportunity for an operator or investor seeking a proven hospitality concept in a prime location.

Above the retail space are two large 1,200 SF three-bedroom, one-bath apartments, each offering central air. While the units are in functional condition, minor updates would allow new ownership to significantly increase rental income and further enhance the property’s value. The apartments currently do not have laundry, which presents an additional opportunity to add amenities and drive future rent growth.

This property combines a stable, established commercial tenant with residential upside in one of Chicago’s most vibrant and dynamic neighborhoods. With excellent visibility along Fullerton Avenue and strong transit accessibility, 3245 W Fullerton represents a rare chance to own a well-located mixed-use asset with both cash-flow stability and value-add potential.

Located in Chicago’s vibrant Logan Square neighborhood, 3425 W Fullerton benefits from being in one of the city’s most dynamic and rapidly evolving areas. Known for its mix of historic architecture, trendy restaurants, local breweries, and boutique retail, Logan Square has become a highly desirable destination for both residents and businesses. The neighborhood offers a unique balance of cultural attractions, thriving nightlife, and community-oriented amenities, making it an appealing setting for mixed-use properties.

The property is ideally situated on Fullerton Avenue, a major east-west thoroughfare that provides strong visibility and connectivity. Tenants and visitors alike enjoy excellent accessibility, with the CTA Logan Square Blue Line station just minutes away, offering direct service to downtown Chicago and O’Hare International Airport. Multiple CTA bus routes also serve the area, including those running along Fullerton, Kimball, and Milwaukee Avenues, providing convenient connections to surrounding neighborhoods.

In addition, the location offers proximity to major roadways such as the Kennedy Expressway (I-90/94), which is easily reached within a short drive. The combination of high pedestrian activity, strong transit options, and regional accessibility positions 3425 W Fullerton as an attractive location for retail, residential, and mixed-use tenants looking to take advantage of Logan Square’s continued growth.


Year Built: 1918
Building Size: 5300sq ft
Building Class: C
Lot Size: 0.07 acres


Documents

The Burlington | 3425 W Fullerton | Sale OM

Map of 3425 W Fullerton Ave, Chicago, IL, 60647

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.