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  • Price$620,000
  • Built1903

4121 West Montrose Avenue, Chicago

This residential/commercial building is a great investment opportunity. Comprising of one building on two lots, 4119-4121, it offers a total of 4400 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 2200 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 access 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 vacated, while the other (Apt 2) is currently vacant and requires repairs. These apartments have separate utilities as well. The property boasts a large parking lot that can accommodate up to 7 vehicles, making it convenient for tenants. It has been well-maintained and has generated a good income with low expenses for many years. This property is a perfect opportunity for anyone looking to invest in a property that has the potential to generate a steady income. SOLD AS-IS

Essential Information

  • MLS® #11905155
  • Price$620,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1903
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive
  • Taxes$10,931

Interior

  • CoolingPartial

Listing Details

  • Listing OfficeBaird & Warner

Community Information

  • Address4121 West Montrose Avenue
  • AreaCHI - Irving Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60641

Additional Information

  • Days on Market214
  • ZoningCOMMR

Price Change History for 4121 West Montrose Avenue, Chicago, IL (MLS® #11905155)

Date Details Price Change
Active
Price Change
Price Reduced (from $699,000) $620,000 $79,000 ( 11.30% )
Active (from New)
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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 Gold Coast Realty 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. Information deemed reliable but not guaranteed.

Listing information last updated on May 24th, 2024 at 1:53pm CDT.