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    3451 W Montrose Ave, Unit 1 Chicago, IL 60618

    For Sale
    $175,000

    Commercial storefront in Irving Park with high foot traffic.

    Property Features for 3451 W Montrose Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1960

    Source: RE/MAX LOYALTY Agent MARK SANTOYO

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

    Overview

    Irving Park Storefront For Sale

    Located in the Irving Park neighborhood at the intersection of Montrose and Kimball Avenue, this commercial storefront property offers 1,000 square feet of space. Constructed in 1960, the property is suitable for a boutique retailer, office user, salon/spa, or cafe. It features modern amenities and a central air conditioning system, along with one dedicated car space. The location benefits from high foot traffic, presenting an opportunity for investors or business owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zeus Massage Massage Spa

    Suggested Use

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

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

    Similar Places Nearby

    Rosys Flowers & Gifts, Albany Park Blooms, Botanica Lucero Flowers, FTD, Fely & Gaby Flower And Gifts Shop

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7151305
    Latitude
    41.960958

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    FAQs

    What type of property is this?
    Storefront property - Commercial storefront in Irving Park with high foot traffic.
    Where is this storefront property located?
    The property is located at 3451 W Montrose Ave, Unit 1 Chicago, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime commercial storefront location at the intersection of Montrose and Kimball Ave in Irving Park, Chicago.; - High foot traffic, ideal for various businesses (boutique retailer, office, salon/spa, cafe).; - 1,000 SF of versatile space.
    (773) 772-6969
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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
    3451 W Montrose Ave, Unit 1 Chicago, IL 60618
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