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    4178 W Montrose Ave Chicago, IL 60641

    New
    For Lease
    $15 SF/Yr

    Business - Chicago, IL

    Type:Business
    Days on Market:
    6
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 4178 W Montrose Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Business
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Architectural style
    Other

    Svetlana Kushnareva (312) 868-1555 [email protected]

    Listing agent Svetlana Kushnareva (312) 868-1555 License #471020927

    Listing date Dec 6, 2025

    MLS# 12528793 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Montrose Avenue

    This retail space is located in Chicago, Illinois, and is zoned COMMR. The layout includes an entrance hall, two offices, an open area, and a bathroom. The property benefits from its location on Montrose Avenue, which provides excellent exposure to high traffic, with approximately 21,000 cars per day.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7323891
    Latitude
    41.9610489

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    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic exposure in Chicago, Illinois.
    Where is this retail space located?
    The property is located at 4178 W Montrose Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - C Zoning (Commercial); - High Traffic Location: **21,000 cars/day**; - Excellent Exposure to Two Streets
    (312) 868-1555
    Request Owner's contact information
    4178 W Montrose Ave Chicago, IL 60641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4178 W Montrose Ave Chicago, IL 60641
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