Chicago, IL 60618 3742 W Montrose Avenue
$799,000
Presented By: Triton Realty Group LLC
SQFT • 5,700
Home Details
Mixed-use investment opportunity in Albany Park. Masonry brick 9-unit building consisting of 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, a 200-amp electrical service with panels located in the basement, owner-paid electric and water, tenant-paid gas, and a 2-car garage. Recent capital improvements include roof, masonry, and window renovations completed in 2023. Built in 1919 and situated on Montrose Avenue. Sold as-is.
Presented By: Triton Realty Group LLC
General for 3742 W Montrose Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
DirectionsMontrose east or west to address.
ElectricService - 101 to 200 Amps
Electric Expense788
Fuel Expense
Gross Income101040
Insurance Expense5752
Lot Size Square Feet3125
MLS AreaCHI - Albany Park
Net Operating Income55270
Number Of Units Total9
Operating Expense42428
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount12700
Tax Year2024
Tenant PaysHeat
TownshipNorth Chicago
Trash Expense902
Water Sewer Expense6226
Year Built1919
ZoningCOMMR
Exterior for 3742 W Montrose Avenue
Building Area Total5700
BuyerOfficeFax(773) 465-4124
Lot Dimensions25X125
Additional Details
Price History
