3816 W Montrose Avenue, Chicago, Illinois 60618
- $875,000
- 6
- BD
- 5
- BA
- List Price
- $875,000
- MLS#
- 12703472
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 5
- County
- Cook
- City
- Chicago
- Neighborhood
- Albany Park
- Days On Market
- 14
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
Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2023
- Lot Dimensions
- 27X118
- Lot Size Range
- Less Than .25 Acre
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
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