3116 W Montrose Avenue
Chicago, IL, 60618
$699,000
Beds
0 Baths
0 SqFt
0 Acres
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$699,000
3116 W Montrose Avenue
Chicago, IL, 60618
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Gorgeous, Turnkey, Fully Leased 3 unit on Chicago’s North Side, located steps from the Ravenswood Manor/Albany Park border. This property was gut rehabbed and completely re-imagined including a new brick and limestone facade and is currently bringing in $6,150 Monthly but also has a 500 SF vacant commercial space to use or lease for additional income. Unit 2 is a 1,250 SF 3 bed/3 bath occupying the entire second level with it’s own entrance and is leased for $3,650 a month through spring of 2027. Unit 1R is an 800 SF 2 bed 2 bath also with it’s own entrance and leased through spring of 2027 for $2,500 a month. Unit 1F is a 500 SF Commercial space with stairs down to an unfinished basement. This space will be delivered vacant at closing. There is a parking pad in the back for 3 cars. This property is just getting it’s final details completed, but is ready to show. Showing on Wednesday 10/21 from 2:00 – 3:00.

Property Details

Price:
$699,000
MLS #:
MRD12703091
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chialbanypark
Listed Date:
Jul 13, 2026
Year Built:
1915
Chi – Albany ParkChialbanypark

Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Brick
Stories
2

Financial

Tax Year
2024
Taxes
$12,693
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Nov 02, 2026
875
Commercial Listed
183
Avg DOM
$1,013,346
Avg List Price

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Property Summary

    3116 W Montrose Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60618. It is listed for $699,000 To schedule a showing of MLS#mrd12703091 at 3116 W Montrose Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
3116 W Montrose Avenue
Chicago, IL