Active - Other for sale
Chicago, IL
Facts & features
Why you’ll love it
Rare opportunity to acquire an operating tow yard business and a multi-site Chicago real estate portfolio featuring three properties: 2958 N Narragansett Ave (Montclare tow yard/commercial site), 2948 N Narragansett Ave (adjacent income-producing two-flat), and 11629 S Green St (West Pullman industrial yard). The combined real estate value is appraised at $2,500,000, with the tow yard business valued at $1,000,000 (structured to support SBA financing eligibility, subject to lender requirements). Montclare - High-Visibility Commercial Corner + Yard: Situated on a signalized, high-traffic corner on Narragansett Avenue, the commercial parcel totals approximately 11,250 SF (approx. 90' x 125') and is improved with an approx. 2,500 SF one-story masonry/frame building (automotive/heavy commercial highest & best use). Features include 16' clear ceiling heights, two oversized drive-in doors, climate-controlled office, fully fenced yard, and multiple access points from Narragansett, Wellington, and the rear alley, with full utilities (water/sewer/gas/electric). 2948 N Narragansett - Renovated Two-Flat (Income + Upside): Fully updated 2-unit building (approx. 2,837 GBA, low effective age) featuring a 3BR duplex and 1BR garden unit generating an estimated $3,100/month gross market rent (incl. water/sewer). Premium finishes include granite/marble surfaces, heated bathroom floors, luxury shower features, central A/C, hot water baseboard heat, tankless water heater, deck space, and a detached 2-car garage. Assemblage: The combined Narragansett parcels provide approximately 15,000+ SF with 120' of frontage, corner visibility, and strong redevelopment/expansion potential. West Pullman - Industrial Zoned Yard & Building: 11629 S Green St is zoned M2-1 Light Industry and includes an approx. 8,525 SF one-story masonry industrial building (c.1956) on a 51,563 SF / 1.18-acre fenced site ideal for secure storage/parking. Improvements include approx. 18' clear ceilings, two overhead doors, ceiling-hung heat, and office area with gas forced air & central A/C plus kitchen and two bathrooms. Utilities available; FEMA Zone X. Excellent regional access via I-57 (119th St) and nearby Halsted routes. Ideal for owner-users or investors seeking business + real estate, income, and industrial/commercial flexibility.
Listings courtesy of ALLURE Real Estate as distributed by MLS GRID.
Listed by: Cecil Sabu • ALLURE Real Estate
Co-listed by: Adam Lenchner • ALLURE Real Estate
Source: MRED as distributed by MLS GRID, MLS#: 12530568
Based on info available as of Nov 14, 2026 at 8:07 PM EST.
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Affordability
$19,270/mo
- Mortgage$17,698
- Property tax$1,572
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$70,000 Credit back
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About Chicago
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 08:07pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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