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    4224-4228 W Montrose Ave Chicago, IL 60641

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    For Lease
    $13 SF/Yr

    7,100 SF warehouse/shop with parking, ideal for various businesses.

    Property Features for 4224-4228 W Montrose Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1959

    Source: STRAUSS REALTY LTD Agent DALE STRAUSS

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

    Overview

    Versatile Warehouse/Shop with Parking

    The property at 4224-4228 W. Montrose Avenue is a 7,100 SF warehouse/shop with a parking lot. Previously leased to a lawnmower repair company, this building is suitable for light industrial, repair, or service businesses. The property features a shop, dedicated office space, a private parking lot, and three garage doors. Its location offers accessibility and convenience, situated just 2 minutes from I-90 and close to the Blue Line. The surrounding area includes local eateries such as Tim Tim's Halal Grill and Taco Pros. The property can be leased with adjacent warehouse and/or office buildings located at 4220 W. Montrose for an additional fee.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    Extra Space Storage, Drive Up Self-Storage, Self-Storage at U-Haul, Melrose Self Storage Unit, Nearby Storage Units - Chicago, IL

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7338446
    Latitude
    41.9610036

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    FAQs

    What type of property is this?
    Warehouse - 7,100 SF warehouse/shop with parking, ideal for various businesses.
    Where is this warehouse located?
    The property is located at 4224-4228 W Montrose Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Excellent accessibility: Located just 2 minutes from I-90 and close to the Blue Line.; - Versatile 7,100 SF warehouse/shop space suitable for light industrial, repair, or service businesses.; - Includes a private parking lot.
    (773) 736-3600
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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
    4224-4228 W Montrose Ave Chicago, IL 60641
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