- For Sale $2,300,000
- Property Type Multi-Family
- Units 0
- Lot Size 6,716 SF
- # of Floors 3
- Building Class B
- Year Built 1917
- Date Updated Apr 26, 2024
KW Commercial is pleased to present the exclusive sale of the multi-family investment property located at 4832 W Montrose Ave in Chicago, Illinois. The three-story brick building contains fifteen (15) 1-Bedroom/1-Bathroom residential units with 9,234 square feet of living area on a corner parcel. The building has been well maintained by the current owner and offers plenty of on street parking. Over the past few years, the property has undergone renovations. All units are incredibly spacious with unique layouts, hardwood flooring, and original trim throughout. Recent capital improvements to the building consist of, but not limited to: newer rear porches and a new central boiler(2023), plumbing and electric, along with an abundance of masonry and tuckpointing. Additionally, the building is equipped with laundry facilities which not only provide tenants a desirable amenity, but further increases the owners gross scheduled income. From day one, a new operator will capitalize on an incredibly strong and long term tenant base. Furthermore, there is a strong value-add component by stabilizing the below market rate tenants through attrition and lease renewals. No owner financing available. Owner and REALTOR are related and licensed REALTORS.
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Contacts
Location
Getting Around
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Walk Score ®
86/100
Very Walkable
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Transit Score ®
64/100
Good Transit
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Bike Score ®
67/100
Bikeable
- City Chicago, IL
- Neighborhood Jefferson Park
- Zip Code 60641
- Market Chicago
Points of Interest
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Mayfair
0.15 miles
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Montrose
0.28 miles
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Jefferson Park
0.90 miles
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Grayland
0.97 miles
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Irving Park
1.11 miles
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Irving Park
1.17 miles
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Forest Glen
1.24 miles
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Addison
1.81 miles
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Kimball
1.90 miles
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Gladstone Park
1.96 miles
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Citgo
0.05 miles
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Shell
0.09 miles
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Citgo
0.27 miles
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BP
0.54 miles
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Shell
0.66 miles
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Marathon
0.69 miles
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Mobil
0.82 miles
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Mobil
0.93 miles
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Marathon
1.01 miles
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BP
1.10 miles
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Community First Health Center Parking Garage
1.43 miles
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Belmont Central Parking
1.85 miles
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Kimball Park & Ride
1.96 miles
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Resident Student Parking
2.04 miles
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Faculty & Staff Parking
2.08 miles
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Lot D
2.08 miles
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Lot C
2.11 miles
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Lot B
2.12 miles
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Lot A
2.15 miles
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Resident Student Parking
2.24 miles
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Irving Hotel - SRO
0.54 miles
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Pablo Moscoso
1.24 miles
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Fullerton Hotel
2.83 miles
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North Park Inn
2.91 miles
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River Park Motel & Suites
2.91 miles
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Rio Motel
2.91 miles
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Rodeway Inn
2.95 miles
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LP Motel
2.97 miles
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Diplomat Motel
3.09 miles
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Summit Motel
3.12 miles
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McDonald's
0.13 miles
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Simon Tacos
0.24 miles
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Dunkin'
0.26 miles
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Johnny's Hot Dog Express
0.26 miles
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Burger King
0.36 miles
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Lomas Verdes
0.43 miles
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Subway
0.44 miles
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Jimmy John's
0.48 miles
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Community Tavern
0.48 miles
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Ysabel’s Grill
0.52 miles
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Saint John School
0.15 miles
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Our Lady of Victory School
0.46 miles
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Saint Edward School
0.60 miles
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Portage Park Elementary School
0.67 miles
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Northwestern College
0.76 miles
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Diesel Truck Driver Training School
0.77 miles
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Vaughn Occupational High School
0.78 miles
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Belding Elementary School
0.81 miles
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Beaubien Elementary School
0.85 miles
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William P. Gray School
0.95 miles
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Pinocchio Child Care
1.56 miles
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Care-A-Lot Early Learning Center
1.94 miles
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Rainbow School Daycare
2.05 miles
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Ravenswood Manor Child Care
2.61 miles
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Little Einsteins
2.74 miles
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Stepping Stones
2.84 miles
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Peachtree Nursery and Preschool
2.88 miles
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Ladybug & Friends Daycare
2.91 miles
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Little Angels
2.91 miles
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Diversey Day Care
2.95 miles
Frequently Asked Questions
What is the lease rate for Jefferson Park - Chicago - 15 Units?
Rental asking rate at Jefferson Park - Chicago - 15 Units is $1,150,000.00/YR.
What is the total square footage of Jefferson Park - Chicago - 15 Units?
Jefferson Park - Chicago - 15 Units totals 9,243 square feet.
When was this property built?
Jefferson Park - Chicago - 15 Units was built in 1917.
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