4121 W Montrose Avenue
Chicago, IL, 60641
$620,000
Beds
0 Baths
4,400 SqFt
0 Acres
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$620,000
4121 W Montrose Avenue
Chicago, IL, 60641
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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

Property Details

Price:
$620,000
MLS #:
MRD11905155
Status:
Active
Beds:
0
Baths:
0
Address:
4121 W Montrose Avenue
Type:
Commercial
Subtype:
Apts/Stores
City:
Chicago
Listed Date:
Oct 24, 2023
State:
IL
Finished Sq Ft:
4,400
ZIP:
60641
Year Built:
1903

Schools

Interior

Cooling
Partial

Exterior

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BNet Sale Price
Tax Year
2022
Taxes
$10,931
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4121 W Montrose Avenue
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