SQUARE FEET4,250
MLS#12589593
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
This 3-unit property is a fully rented, great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates including the roof replaced 2 years ago, new front windows in the 2-bedroom, and both the 2-bed and coach house have new electrical. The 1600 Sq. Ft. The storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $13,060
Year Built: 1913
Feature Descriptions
Current Use: Condominium
Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: Alarm Monitored, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Frontage Type: Public Road
HVAC: Central Bldg Heat, Forced Air, Gas
Lot Dimensions: 27X118
Number of Tenant(s): 2
Parcel#: 13141240330000
Tenant Pays: Electricity, Heat
Units: 3
Listed By / Shown By
Listed By
Agency Name: Cedar Realty
Agency Phone: 773-549-7200
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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3816 W Montrose Avenue | MLS# 12589593
This commercial property located at 3816 W Montrose Avenue, Chicago, IL 60618 is currently listed for sale with an asking price of $875,000. Search Chicago real estate on www.bhhscrosby.com today.