$620,000
4121 W Montrose Avenue
Chicago, IL, 60641
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
Property Details
Price:
$620,000
MLS #:
MRD11905155
Status:
Active
Beds:
0
Baths:
0
Address:
4121 W Montrose Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Irving Park
City:
Chicago
Listed Date:
Jun 9, 2025
State:
IL
Finished Sq Ft:
4,400
Total Sq Ft:
4,400
ZIP:
60641
Year Built:
1903
Schools
Interior
Cooling
Partial
Exterior
Financial
Tax Year
2023
Taxes
$11,244
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4121 W Montrose Avenue
Chicago, IL
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