3816 W Montrose Avenue, Chicago, IL 60618
3816 W Montrose Avenue, Chicago, IL 60618
3816 W Montrose Avenue, Chicago, IL 60618
3816 W Montrose Avenue, Chicago, IL 60618
3816 W Montrose Avenue, Chicago, IL 60618
3816 W Montrose Avenue, Chicago, IL 60618

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
Listed by Lora Vasilevaof Cedar Realty
$ 875,000
Est. payment | /mo

6 Beds


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

6 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12589595

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

Zoning MULTI

Rooms

Basement Unfinished, Crawl Space, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

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) VOW

Nearby Locations

GET MORE INFORMATION

Goran Utvic
Goran Utvic

Real Estate Broker/Construction Consultant

+1(773) 273-9155 | sold@myhouseisworth.info

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3816 W Montrose Avenue