3816 W MONTROSE AVE, Chicago, IL 60618
3816 W MONTROSE AVE, Chicago, IL 60618
3816 W MONTROSE AVE, Chicago, IL 60618
3816 W MONTROSE AVE, Chicago, IL 60618
3816 W MONTROSE AVE, Chicago, IL 60618
3816 W MONTROSE AVE, Chicago, IL 60618
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$ 875,000
Est. payment | /mo

4,250 SqFt


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$ 875,000
Est. payment | /mo
Save

4,250 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,250 sqft

Price per Sqft $205

MLS Listing ID 12703469

Year Built 1913

Annual Tax Amount $13,060

Tax Year 2023

Lot Dimensions 27X118

Property Sub-Type Mixed Use

Property Description

This 3-unit property is a fully rented, great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates including the roof replaced 2 years ago, new front windows in the 2-bedroom, and both the 2-bed and coach house have new electrical. The 1600 Sq. Ft. The storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential.

Location

State IL

County Cook

Area Chi - Albany Park

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Lora Vasileva of  Cedar Realty 

Nearby Locations

Tony Ciancanelli

Helping buyers and sellers move with convidence 

+1(708) 670-6334

tony.ciancanelli@exprealty.com

1000 Essington Rd, Joliet, IL, 60435-2841, USA

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3816 W MONTROSE AVE