3116 W Montrose Avenue, Chicago, IL 60618 For Sale

Gorgeous, Turnkey, Fully Leased 3 unit on Chicago's North Side, located steps from the Ravenswood Manor/Albany Park border. This property was gut rehabbed and completely re-imagined including a new brick and limestone facade and is currently bringing in $8,650 Monthly. Unit 2 is a 1,250 SF 3 bed/3 bath occupying the entire second level with it's own entrance and is leased for $3,650 a month through spring of 2027. Unit 1R is an 800 SF 2 bed 2 bath also with it's own entrance and leased through spring of 2027 for $2,500 a month. Unit 1F is a 500 SF Commercial space with stairs down to an unfinished basement. The developer is willing to sign a 2 year lease for $2,500 a month, but can also deliver this space vacant. There is a parking pad in the back for 3 cars. This property is just getting it's final details completed, but is ready to show.