3816 W Montrose Ave, Chicago, IL 60618

This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! The roof was replaced 2 years ago, and both the 2-bed and the coach house have new electrical. The 1600 Sq. Ft. 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, and it's currently rented out. 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 full gut rehab of the coach house in the back was finished in September 2025, so everything in it is brand new. It 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, two brand new elegant bathrooms, and in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential!