Price Reduction - New Construction
3649 W Montrose Avenue Chicago, IL
$ 700,000
Property Attributes
  • MLS#11266399
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Irving Park
  • NeighborhoodIrving Park
  • Zip60618
  • StyleCommercial
  • Year Built1925
  • Taxes$ 9000
  • Price$ 700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4062
  • Lot Size3,125 SqFt
Listing Provided Courtesy Of:
GLD Realty, Inc.
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great Investment property. Live Free or collect rents!!! 4 apartments, 1 store-front, plus 1 car garage with parking space. Property is located in an opportunity zone, could be more income. Tenants pay All separate utilities. NEWER windows, new roof, and tuckpointing, all apartments are renovated, including the hallways. Much work done to the property including a New Driveway in back. New construction exclusive new complexes all around. The seller is motivated. Close to transportation and walking distance to all accommodations, desired location, always easy to find renters. This is Realtor owned.

Price History
11/9/2021 Listed $769,999
1/24/2022 3% - $750,323
5/18/2022 7% - $700,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Concrete
Cooling None
County Cook
Current Use Commercial, Other
Days on Market 196
Directions Pulaski Rd to Montrose Ave East to Property
Electric Circuit Breakers
Grossincome 81600
Insurance Expense 2246
Lease Type N/A
Lot Size Square Feet 3125
MLS Area CHI - Irving Park
Net Operating Income 68600
Operatingexpense 13000
Possession Closing
Possible Use Condominium, Multi-Family
Property SubType Apts/Stores
Property Type Commercial Sale
Property Type Mixed Use
Roof Tar and Gravel
Standard Status Active
Status Active
Stories 2
Street Name Montrose
Tax Annual Amount 9000
Tax Year 2020
Tenant Pays Electricity, Heat
Total Actual Rent 7000
Total Units 5
Water Sewer Expense 1800
Year Built 1925
Zoning COMMR

Interior Features

Flooring Tile, Wood
Street Suffix Avenue

Exterior Features

Building Area Total 4062
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 25X125
Total Parking 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60618

AVG $550K
AVG $15,643
AVG 88
Year Built
AVG 1951
AVG 91
Data Provided by Walkscore ® not using MLS data

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