3908 W Montrose Avenue Chicago, IL ^$ 675,000

3908 W Montrose Avenue

^$ 675,000

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3908 W Montrose Avenue

Chicago, IL, 60618

^$ 675,000

Studio Baths0.0 Sq 2,692

Monthly Estimate*

^$ 4,486

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Studio

Commercial Property for sale in Chicago, IL

for $675,000. This 2,692 square foot building was built in 1927 on a lot size of 0.077273.

Rare find 3 apartments plus a store front building for sale. Two apartments are recently remodeled with stainless steal appliances, and new bathrooms. All three apartments are 2 bedrooms and 1 bath. First floor has central air, 2nd floor uses window AC units. Live in one and let the rest pay for your mortgage or buy as a pure investment opportunity. Tenants pay all their utilities including heat, water, and trash. Pictures are showing 2nd floor units. 1st floor unit is upgraded and will be shown during the tours.

Commercial Contingent

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,724

Style

Lot Size

0.077273

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12044712

Features

General

Cooling Central Air Window Unit(s)

Construction Materials Brick

Year Built 1927

Electric Circuit Breakers

Stories 2

Property SubType Apts/Ofc/Store Apts/Ofc Apts/Stores

Tax Year 2022

Gross Income 75804

County Cook

Net Operating Income 54932

Operating Expense 17081

Insurance Expense 1868

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Status Contingent

Directions from Pulaski turn East building will be on the north side

City Chicago

NumberOfUnitsTotal 4

MLS Area CHI - Albany Park

Lot Size Square Feet 3366

Street Name Montrose

Tax Annual Amount 6724

Electric Expense 658

Fuel Expense 2510

Trash Expense 0

Water Sewer Expense 1809

Additional Parcels Y/N N

Days on Market 10

Standard Status Active Under Contract

Interior

Total Fireplaces 0

Street Suffix Avenue

Exterior

Building Area Total 2692

Lot Dimensions 25X134

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Sk Chicago Realty

Broker

sk@skchicago.com

Affordability Calculator

$5,047

Per Month

Monthly Principal & Interest: $4,486
Monthly Property Taxes: $560
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$848,429

Percent of Sale Price 26%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$675,000		Listed Price

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3908 W Montrose Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $675,000 with 2,692 sqft and a lot size of 0.077273. 3908 W Montrose Avenue is a studio with 0.0 baths and was built in 1927. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/7/2024.

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3908 W Montrose Avenue

Commercial Property for sale in Chicago, IL

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