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3816 W Montrose Avenue Chicago, IL 60618

$875,000
Active / MLS# 12589595 / Multi Unit - Multiple / Chicago
6 Beds
5 Baths

This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates: the roof was replaced 2 years ago, the front windows of the 2-bedroom were replaced in 2025, and both the 2-bed and the coach house have new electrical. The 1600 Sq. Ft. storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated, and it's currently rented out. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential

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Baird & Warner Jan Mason Agent Cell: 312.560.3081 Email

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Estimated Payment

$ 3,288.07 per month $1,944.44 Principal & Interest $1,088.42 Property Tax $255.21 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Crawl Space, Partial
Basement: Yes
Heating: Natural Gas
Lot Size: 0.07 Acres
Taxes: $13,061

Feature Descriptions

Exterior: Vinyl Siding, Brick
Lot Dimensions: 27X118
Parcel#: 13141240330000
Sewer: Public Sewer
Total Rooms: 18
Township: Jefferson
Water: Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Cedar Realty

Listing Office Phone: 773-549-7200



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