$140.91 Per Sq Foot $3,328 est/mo Sourced by Back At You

4121 W Montrose Avenue,Chicago, IL 60641

Chicago IL, 60641

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Description

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

Details

MLS#11905155
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1903
Days On Site213
Listing Provided ByBaird & Warner | Antonio Salas

Features

SQ Feet4,400
Story(s)2
Units4
ZoningCOMMR

Market Activity 60641

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Listings Checked: 32 seconds ago
StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Irving Park
Listing VS Median (in 60641)
Price:
$620,000
low | high
Med:
$465,000
75% of Average
SqFt:
4,400
low | high
Med:
4,125
56.25% of Average
$ / SqFt:
$141
low | high
Med:
$113
70% of Average
On Site:
213
low | high
Med:
99.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:29:25 PM PDT