$875,000
 $4,697 est/mo Sourced by Back At You

3816 W Montrose Avenue,Chicago, IL 60618

Chicago, IL 60618

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Description

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

Details

MLS #12703472
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site103
Listing Provided ByCedar Realty | Lora Vasileva

Features

Bed(s)6
Bath(s)5
BasementY
ZoningMULTI

Interior

Rooms Total18
HeatingNatural Gas

Exterior

Construction MaterialsVinyl Siding, Brick

Utilities

SewerPublic Sewer

Taxes

Tax Year2023
Tax Annual Amount13061

Area Information

StateIL
CountyCook
CityChicago
Zip Code60618
AreaCHI Albany Park
Listing VS Median (in 60618)
Price:
$875,000
low | high
Med:
$650,000
75.714285714286% of Average
On site:
103
low | high
Med:
240.5
42.827442827443% of Average
Sourced by Back At You

Market Activity 60618

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60618
AreaCHI Albany Park
Listing VS Median (in 60618)
Price:
$875,000
low | high
Med:
$650,000
75.714285714286% of Average
On site:
103
low | high
Med:
240.5
42.827442827443% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $656K - $1.093M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3816 W MONTROSE Avenue Property Photo 1
$875,000
3816 W Montrose Avenue
Chicago, IL 60618
3742 W Montrose Avenue Property Photo 1
$699,000
3742 W Montrose Avenue
Chicago, IL 60618
4343 N Hamlin Avenue Property Photo 1
$850,000
4343 N Hamlin Avenue
Chicago, IL 60618
Listing Updated: October 6, 2026 at 10:58:30 AM PDT
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