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    4220 W Montrose Ave Chicago, IL 60641

    For Lease
    $18 SF/Yr

    2,300 SF office building with parking, ideal for businesses.

    Property Features for 4220 W Montrose Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1980

    Source: STRAUSS REALTY LTD Agent DALE STRAUSS

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

    Overview

    Move-in Ready Office Building For Lease

    This 2,300 SF office building is available for lease and move-in ready. The functional layout includes a reception area, 8 private offices, 2 bathrooms, a kitchen, storage space, a conference area, and an open workspace. It is suitable for a wide variety of business uses. The property includes a parking lot for approximately 8 vehicles. Located minutes from I-90 (3 blocks away) and close to the Blue Line, the property offers commuter access and is steps from restaurants and neighborhood businesses. It is highly visible along Montrose Avenue and provides easy access to the city. There is an option to lease adjacent warehouse buildings located at 4224-4228 W. Montrose for an additional fee.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First Capital Mortgage Mortgage Lender Small Engine Deals, ... Warehouse Strauss Realty Real Estate Agency

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7336513
    Latitude
    41.9611547

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    FAQs

    What type of property is this?
    Office building - 2,300 SF office building with parking, ideal for businesses.
    Where is this office building located?
    The property is located at 4220 W Montrose Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready 2,300 SF office building.; - Parking lot included for approximately 8 vehicles.; - Excellent commuter access: Minutes from I-90 and close to Blue Line.
    Request Owner's contact information
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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
    4220 W Montrose Ave Chicago, IL 60641
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