

Listed by CENTURY 21 Circle
$1,499,000
3034-3042 W Montrose Avenue
Details
APN 13131270330000
Property Type Mixed Use
Sub Type Mixed Use
Units 7
NOI $112,276
Year Built 1921
Stories 2
Lot Size (SqFt) 7,470
Mixed Use
Marketing description
East Albany Park neighborhood at its best commercial corridor of retail/pedestrian traffic. The corner of Montrose Ave., at Whipple Ave., just east of Kedzie Ave., traffic light intersection. 2024, recent improvements exceeded $200,000. Approximately 7,470 Sq. ft. of land and 6,500 Sq. ft. of mixed-use building. 2-pin numbers front and back. Offering the possibility of erecting another multi/mixed-use building on the rear pin number with the address of 4410 N. Whipple Ave. Current existing building featuring 5-Commercial stores leased to 3-different tenants/users. 2-Residnetial units on the 2nd level, consisting of 2-bedrooms 1-bath each. NEARBY retailers, include, Walgreens, Starbucks, Dunkin Donates, restaurants and shops. Strong street presence and exposure. Walking distance to all convenient retailers, shops, entertainment places, and public transportation. Rear metal gated parking offers 15-Spaces. Great location, close to major roads, interstates, O'Hare Airport, downtown, and within short distance to Lake Shore Dr.
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Listed by CENTURY 21 Circle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,276.00
$9,356.33/mo
Valuation Metrics
0
DSCR
7.49%
Cap Rate
7.49%
ROI
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