REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 895,000
Est. payment /mo
Active
3816 W Montrose AVE Chicago, IL 60618
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12420367
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 a great investment opportunity or perfect for a Live/Work owner! The roof was replaced 2 years ago, 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. 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
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lora Vasileva • Cedar Realty