$620,000

4121 W Montrose Avenue, Chicago, IL 60641

  • 4,400 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This residential/commercial building is a great investment opportunity. Comprising of one building on two lots, 4119-4121, it offers a total of 4600 square feet of space. The property has recently undergone renovations, including a new roof in 2013, tuckpointing in 2012, and updates to Apt 1. The ground floor of the property features a commercial space with central air conditioning, updated plumbing, and two bathrooms. The space is approximately 2300 square feet in size and has separate utilities so it can be divided into two separate office spaces or storefronts, making it versatile and suitable for a variety of businesses. The commercial space was formerly used as a tattoo shop but closed due to COVID-19, it would be suitable for another tattoo shop, dentist practice, or beauty salon, as it has convenient plumbing accessories and two bathrooms. The second floor of the property features two 2-bedroom, 1-bath apartments that have the potential to bring in additional rental income. One of the apartments (Apt 1) was recently rented, while the other (Apt 2) is currently vacant and requires repairs. These apartments have separate utilities as well. The east side of the building has exposure to the three way intersection making it ideal for advertising space to bring in extra income. The property boasts a large parking lot that can accommodate up to 7 vehicles for tenants. This is a perfect opportunity for anyone looking to invest in a property that has the potential to generate a steady income. SOLD AS-IS

Listing Status:
Active
Listing Office:
Baird & Warner : 312-806-0760
Listing Agent:
Antonio Salas : 312-806-0760
MLS ID:
11905155
  • A/C: Partial

This listing courtesy of Antonio Salas, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Belding Elementary School

4257 N Tripp Ave, Chicago, IL, 60641

Grades KG-8

0.22 miles away

B

Belding Elementary School

4257 N Tripp Ave, Chicago, IL, 60641

Grades KG-8

0.22 miles away

D

Disney II Magnet High School

3900 N Lawndale Ave, Chicago, IL, 60618

Grades 7-12

0.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby