MLS#12652808
STATUSNew
PROPERTY TYPECommercial - Business
Property Description
GREAT OPPORTUNITY!!! 6-unit, brick mixed-use (4 residential and 2 commercial) building in booming Albany Park! This is a fire-damaged property that has been professionally remediated - Extensive work has already been completed to clean and deodorize. Structure has been shored up with brick work, sub-flooring, wall framing, windows and roof framing. Additional work and finishing of the units await the new owner *** The building sits on a double wide lot (50 x 117) with alley access in the back with space for 8 parking spaces. * Architectural plans (available upon request) are done - Four 3-4BR/1BTH approx 1,000 sq ft apartments w/ enclosed 40' x 8' porches in rear AND two commercial spaces roughly 1,000 sq ft each. Center entrance for residential units and private entrances for commercial units. Conservative estimates of anticipated GRl of $125-$135K/year with NOI of roughly $100K * Strong cash-flow investment in fantastic northside Chicago neighborhood!
Property Features
Property Type: Commercial - Business
Cooling: None
Lot Size: 0.13 Acres
Stories: 3.0
Taxes: $16,693
Year Built: 1920
Feature Descriptions
Electric: Other
Fire Protection: None
HVAC: Other
Lot Dimensions: 50 x 117
Parcel#: 13144010020000
Parking: 6-12 Spaces
Units: 6
Listed By / Shown By
Listed By
Agency Name: RCI Preferred Realty
Agency Phone: 773-220-4421
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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3519 W Montrose Avenue | MLS# 12652808
This commercial property located at 3519 W Montrose Avenue, Chicago, IL 60618 is currently listed for sale with an asking price of $700,000. Search Chicago real estate on www.bhhscrosby.com today.