Chicago, IL 60641 4121 W Montrose Avenue

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Presented By: Baird & Warner
  • MLS# 11905155
  • 10/24/2023
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 4,400

Home Details

This residential/commercial building is a great investment opportunity. Comprising of one building on two lots, 4119-4121, it offers a total of 4600 square feet of space. The property has recently undergone renovations, including a new roof in 2013, tuckpointing in 2012, and updates to Apt 1. The ground floor of the property features a commercial space with central air conditioning, updated plumbing, and two bathrooms. The space is approximately 2300 square feet in size and has separate utilities so it can be divided into two separate office spaces or storefronts, making it versatile and suitable for a variety of businesses. The commercial space was formerly used as a tattoo shop but closed due to COVID-19, it would be suitable for another tattoo shop, dentist practice, or beauty salon, as it has convenient plumbing accessories and two bathrooms. The second floor of the property features two 2-bedroom, 1-bath apartments that have the potential to bring in additional rental income. One of the apartments (Apt 1) was recently rented, while the other (Apt 2) is currently vacant and requires repairs. These apartments have separate utilities as well. The east side of the building has exposure to the three way intersection making it ideal for advertising space to bring in extra income. The property boasts a large parking lot that can accommodate up to 7 vehicles for tenants. It has been well-maintained and has generated good income with low expenses for many years. This is a perfect opportunity for anyone looking to invest in a property that has the potential to generate a steady income. SOLD AS-IS
Presented By: Baird & Warner

Interior Features for 4121 W Montrose Avenue

Other Interior Features

Street SuffixAvenue

General for 4121 W Montrose Avenue

Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CoolingPartial
CountyCook
Days on Market339
DirectionsWest on Montrose from Elston Ave to property.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income61800
Insurance Expense2227
Lot Size Square Feet5300
MLS AreaCHI - Irving Park
NumberOfUnitsTotal4
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount11244.3
Tax Year2023
Tenant PaysElectricity, Heat
TownshipJefferson
Trash Expense1200
Virtual TourClick here
Water Sewer Expense800
Year Built1903
ZoningCOMMR

Exterior for 4121 W Montrose Avenue

Building Area Total4400
Lot Dimensions53X100

Additional Details

Price History

Worth Clark

Price $620,000
MLS#11905155
List Date 10/24/2023
Property Type Contingent
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