3742 W Montrose Avenue Chicago, IL 60618

Building Details

Year Built

1919

Listing agency TRITON REALTY GROUP LLC l***@wojcikre.com Show Phone

Listed by LUKASZ WOJCIK

Source Corcoran

Added: Feb 3 Updated: Jul 10 at 3:46PM Checked: Jul 22 at 8:53AM

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Investment Insights

Based on property information with market context.

This mixed-use investment opportunity is located in Albany Park. The masonry brick building, constructed in 1919, features nine units: eight residential apartment units and one street-level retail unit. The property is zoned B3-1 and is located within the Northwest ADU Pilot Zone. Building features include electric space heaters, building-owned common-area laundry, and a 200-amp electrical service with panels located in the basement. The owner pays for electric and water, while tenants pay for gas. A 2-car garage is included. Recent capital improvements completed in 2023 include renovations to the roof, masonry, and windows. The property is situated on Montrose Avenue and is being sold as-is.

Key Highlights

• Mixed‑use building with eight residential units and one retail unit provides diverse income streams.
• Located within the Northwest ADU Pilot Zone, offering potential for additional dwelling units.
• Recent capital improvements including roof, masonry, and window renovations completed in 2023.

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FAQs

What type of property is this?

Mixed-use property - Nine-unit building with retail and residential in Albany Park.

Where is this mixed-use property located?

The property is located at 3742 W Montrose Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Mixed‑use building with eight residential units and one retail unit provides diverse income streams.; Located within the Northwest ADU Pilot Zone, offering potential for additional dwelling units.; Recent capital improvements including **roof, masonry, and window renovations completed in 2023.**