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

6 Beds

5 Baths


Save
$ 875,000
Est. payment | /mo
Save

6 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12703472

Bedrooms 6

Annual Tax Amount $13,061

Tax Year 2023

Lot Dimensions 27X118

Property Sub-Type Two to Four Units

Property Description

This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates: the roof was replaced 2 years ago, the front windows of the 2-bedroom were replaced in 2025, and both the 2-bed and the 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. With public transportation nearby, commuting is a breeze. Great upside potential

Location

State IL

County Cook

Area Chi - Albany Park

Zoning MULTI

Rooms

Basement Unfinished, Crawl Space, Partial

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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

NEARBY SCHOOLS & PROPERTIES

Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL 60616, United States

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3816 W Montrose AVE