3116 W Montrose Avenue,Chicago, IL 60618
Chicago, IL 60618
Description
Gorgeous, Turnkey, Fully Leased 3 unit on Chicago's North Side, located steps from the Ravenswood Manor/Albany Park border. This property was gut rehabbed and completely re-imagined including a new brick and limestone facade and is currently bringing in $8,650 Monthly. Unit 2 is a 1,250 SF 3 bed/3 bath occupying the entire second level with it's own entrance and is leased for $3,650 a month through spring of 2027. Unit 1R is an 800 SF 2 bed 2 bath also with it's own entrance and leased through spring of 2027 for $2,500 a month. Unit 1F is a 500 SF Commercial space with stairs down to an unfinished basement. The developer is willing to sign a 2 year lease for $2,500 a month, but can also deliver this space vacant. There is a parking pad in the back for 3 cars. This property is just getting it's final details completed, but is ready to show.
Details
| MLS # | 12703091 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1915 |
| Days On Site | 60 |
| Listing Provided By | @properties Christie's International Real Estate | Robert Sikkel |
Features
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Zoning | COMMR |
Interior
| Cooling | Central Individual |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 12693.47 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60618 |
| Area | CHI Albany Park |
| Listing VS Median (in 60618) | |
Price: $849,900 low | high Med: $614,950 On site: 60 low | high Med: 30 | |
Market Activity 60618
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60618 |
| Area | CHI Albany Park |
| Listing VS Median (in 60618) | |
Price: $849,900 low | high Med: $614,950 On site: 60 low | high Med: 30 | |
