IL > Chicago
Chicago, IL 60618,3816 W MONTROSE AVE
Chicago, IL 60618,3816 W MONTROSE AVE
Chicago, IL 60618,3816 W MONTROSE AVE
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$895,000
Est. payment /mo
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4,250 SqFt
New

3816 W MONTROSE AVE Chicago, IL 60618

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,250 sqft

Price per Sqft $210

MLS Listing ID 12417867

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 great investment opportunity or perfect for a Live/Work owner! 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

Location

State IL

County Cook

Area Chi - Albany Park

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lora Vasileva • Cedar Realty

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Dennis & Karen

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+1(219) 213-3346

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3816 W MONTROSE AVE

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