Corner Mixed-Use Retail and
For Sale
Contact for pricing
3034 W Montrose Avenue, Chicago, IL 60618
Corner mixed-use property with five retail storefronts and two residential units, plus 15-space gated rear parking.
Property SizeContact for details
Days on Market74
Property Features for 3034 W Montrose Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Building Details
Year Built
1921
Listing Agency:
CENTURY 21 Circle
(773) 983-1553
Listed By:
Mark Ahmad · License #IL 471007186
Source:
Crexi
Added: Jun 9
Changed: Aug 16
Last Checked: Aug 21 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Circle
Investment Insights
Based on property information with market context.
This mixed-use building includes five commercial storefronts with leasing currently in place across three different tenant users. The second level features two residential units, each configured as a 2-bedroom, 1-bath apartment. The property also has a rear metal gated parking area with 15 spaces. The seller reports that recent improvements in 2024 exceeded $200,000, with the mixed-use structure supported by an approximately 7,500-square-foot land parcel.
The property sits at a corner along Montrose Ave. at Whipple Ave., just east of Kedzie Ave., at a traffic light intersection. The configuration includes address numbering for front and back with parking identified using the address 4410 N. Whipple Ave. The immediate retail corridor includes well-known nearby brands such as Walgreens, Starbucks, and Dunkin, along with restaurants, shops, and public transportation within walking distance.
For retail users and investors, the mix of income-producing storefronts and upstairs residential units can support diversified operating models. One commercial space is currently vacant, allowing flexibility for an owner-operator or a new tenant. Access to the gated parking supports everyday convenience for employees and customers, while the corner frontage on a pedestrian retail corridor is designed to keep the commercial offerings visible.
The property sits at a corner along Montrose Ave. at Whipple Ave., just east of Kedzie Ave., at a traffic light intersection. The configuration includes address numbering for front and back with parking identified using the address 4410 N. Whipple Ave. The immediate retail corridor includes well-known nearby brands such as Walgreens, Starbucks, and Dunkin, along with restaurants, shops, and public transportation within walking distance.
For retail users and investors, the mix of income-producing storefronts and upstairs residential units can support diversified operating models. One commercial space is currently vacant, allowing flexibility for an owner-operator or a new tenant. Access to the gated parking supports everyday convenience for employees and customers, while the corner frontage on a pedestrian retail corridor is designed to keep the commercial offerings visible.
Key Highlights
- Corner mixed‑use property at Montrose Ave. and Whipple Ave. (east of Kedzie Ave.) at a traffic light intersection
- 5,000+ SF building with 5 commercial storefronts and 2 residential units on the 2nd level (2 bed/1 bath each)
- Rear metal gated parking includes 15 spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner mixed-use property with five retail storefronts and two residential units, plus 15-space gated rear parking.
Where is this mixed-use property located?
The property is located at 3034 W Montrose Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,419,000.
What are key features of this property?
This property features: Corner mixed‑use property at Montrose Ave. and Whipple Ave. (east of Kedzie Ave.) at a traffic light intersection; 5,000+ SF building with 5 commercial storefronts and 2 residential units on the 2nd level (2 bed/1 bath each); Rear metal gated parking includes 15 spaces
