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Mixed-Use Brick 9-Unit Building
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3742 W Montrose Avenue, Chicago, IL 60618

Masonry 9-unit building with eight residential apartments and one street-level retail unit, zoned B3-1 and in the ADU Pilot Zone.

Days on Market180

Property Features for 3742 W Montrose Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial
Zoning B3-1

Additional Details

Multifamily Units 9

Amenities

electric space heaters
building-owned common-area laundry
200-amp electrical service
owner-paid electric and water
tenant-paid gas
2-car garage

Building Details

Building Size 5,700 SF
Year Built 1919
Year Renovated 2023
Construction masonry brick
Tenancy Multi
Listing Agency: Triton Realty Group LLC
Listed By: Lukasz Wojcik · License #475139979
Source: Perillorealestategroup
Added: Feb 3 Changed: Jul 26 Last Checked: Aug 1 at 1:18PM

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 Triton Realty Group LLC

Investment Insights

Based on property information with market context.

This masonry brick mixed-use building contains eight residential apartment units and one street-level retail unit. Built in 1919, the property is equipped with electric space heaters and building-owned common-area laundry. Utilities are set up with owner-paid electric and water, while tenants pay for gas. Electrical service includes a 200-amp electrical service with panels located in the basement, and the building also includes a 2-car garage.

The property is zoned B3-1 and is located within the Northwest ADU Pilot Zone. Recent capital improvements include roof, masonry, and window renovations completed in 2023. Sold as-is.

Key Highlights

  • Masonry 9‑unit mixed‑use building: eight residential apartments plus one street‑level retail unit
  • Zoned B3‑1 and located within the Northwest ADU Pilot Zone
  • Owner‑paid utilities include electric and water; tenant‑paid gas; 200‑amp electrical service with panels in basement

Property Analytics

Current Use

Los tacos express Restaurant

Suggested Use

Top Pick Skin Care Clinic Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,729
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Masonry 9-unit building with eight residential apartments and one street-level retail unit, zoned B3-1 and in the ADU Pilot Zone.
Where is this apartment building located?
The property is located at 3742 W Montrose Avenue Chicago, IL.
What are key features of this property?
This property features: Masonry 9‑unit mixed‑use building: eight residential apartments plus one street‑level retail unit; Zoned B3‑1 and located within the Northwest ADU Pilot Zone; Owner‑paid utilities include electric and water; tenant‑paid gas; 200‑amp electrical service with panels in basement
More about this property
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