3816 W Montrose Avenue,Chicago, IL 60618
Chicago, IL 60618
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
Details
| MLS # | 12703472 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 103 |
| Listing Provided By | Cedar Realty | Lora Vasileva |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 18 |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Vinyl Siding, Brick |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 13061 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60618 |
| Area | CHI Albany Park |
| Listing VS Median (in 60618) | |
Price: $875,000 low | high Med: $650,000 On site: 103 low | high Med: 436 | |
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: $875,000 low | high Med: $650,000 On site: 103 low | high Med: 436 | |
