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    2457 W Montrose Ave Chicago, IL 60618

    For Sale
    $1,349,000

    4,872 SF commercial building with greenhouse near Welles Park.

    Property Features for 2457 W Montrose Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1933

    Source: STRAUSS REALTY LTD Agent CRAIG WOLF

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenhouse Building in Ravenswood Area

    A 4,872 square foot single-story commercial building with a greenhouse is available for sale in the Ravenswood/Lincoln Square area. The property formerly housed Plants Inc. The rear portion of the building is entirely a greenhouse, providing significant natural light. The building includes two overhead doors in the rear. The property is located two blocks from Welles Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    plants inc Interior Plant Service The B-A-R Bar

    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.

    Similar Places Nearby

    plants inc, Green Spaces Plant Shop, Advanced Pest Control Chicago

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6909052
    Latitude
    41.961044

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    FAQs

    What type of property is this?
    Nursery and garden center - 4,872 SF commercial building with greenhouse near Welles Park.
    Where is this nursery and garden center located?
    The property is located at 2457 W Montrose Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,349,000.
    What are key features of this property?
    This property features: - 4,872 SF single-story commercial building; - Greenhouse with unmatched natural light; - Located in the desirable Ravenswood/Lincoln Square area
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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
    2457 W Montrose Ave Chicago, IL 60618
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