3816 W Montrose Ave

Chicago, IL 60618
  • $895,000

    Price
  • 0

    Bed
  • Bath
  • 4,250

    SqFt

About the Listing 10520 - 889533

This 3-unit property is a great investment opportunity or perfect for a Live/Work owner! The roof has been replaced 2 years ago and both 2-bed and coach house have new electrical. The 1600 Sq. Ft. 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, and it's currently rented out. 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. The estimated market rent for the couch house is $3600, and that number is used to calculate the GRI income. With public transportation nearby, commuting is a breeze. Great upside potential

Listing Highlights for 3816 W Montrose Ave

Status Active
Days on Site 67
Property Type Commercial Sale
MLS ® 12417867
Year Built 1913
Total Square Footage 4,250
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat,Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 27X118
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $13,061
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13141240330000
  • Tax Year: 2023

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Questions About..

3816 W Montrose Ave Chicago, IL 60618

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Originating MLS: mred

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