Jefferson Park - Chicago - 15 Units

4832 West Montrose Avenue, Chicago, IL 60641

  • For Sale $2,150,000
  • Property Type Multi-Family
  • Units 0
  • Lot Size 6,716 SF
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1917
  • Date Updated Dec 18, 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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KW Commercial | Clearwater

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable
  • Transit Score ®

    64/100 Good Transit
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Jefferson Park
  • Zip Code 60641
  • Market Chicago

Points of Interest

  • Irving Park

    1.17 miles

  • Forest Glen

    1.24 miles

  • Belmont

    2.43 miles

  • Logan Square

    2.87 miles

  • Norwood Park

    3.32 miles

  • Damen

    3.61 miles

  • Montrose

    3.80 miles

  • California

    3.80 miles

  • Addison

    3.94 miles

  • Paulina

    4.15 miles

  • Citgo

    0.05 miles

  • Shell

    0.09 miles

  • BP

    0.54 miles

  • Marathon

    0.69 miles

  • Mobil

    0.82 miles

  • eVgo

    3.31 miles

  • Tesla Supercharger

    3.40 miles

  • Blink

    3.57 miles

  • ChargePoint

    3.97 miles

  • Tesla Destination Charger

    3.98 miles

  • Community First Health Center Parking Garage

    1.43 miles

  • Addison Crash Investigation Site

    1.74 miles

  • Belmont Central Parking

    1.85 miles

  • Kimball Park & Ride

    1.96 miles

  • Resident Student Parking

    2.04 miles

  • Faculty & Staff Parking

    2.08 miles

  • Lot D

    2.08 miles

  • Lot C

    2.11 miles

  • Lot B

    2.12 miles

  • Lot A

    2.15 miles

  • Irving Hotel - SRO

    0.54 miles

  • Esquire Motel

    2.79 miles

  • Fullerton Hotel

    2.83 miles

  • North Park Inn

    2.91 miles

  • River Park Motel & Suites

    2.91 miles

  • Rio Motel

    2.91 miles

  • Rodeway Inn

    2.95 miles

  • LP Motel

    2.97 miles

  • Diplomat Motel

    3.09 miles

  • Summit Motel

    3.12 miles

  • McDonald's

    0.13 miles

  • Simon Tacos

    0.24 miles

  • Dunkin'

    0.26 miles

  • Johnny's Hot Dog Express

    0.26 miles

  • Bacci Pizzeria

    0.27 miles

  • Burger King

    0.36 miles

  • Lomas Verdes

    0.43 miles

  • Subway

    0.44 miles

  • Jimmy John's

    0.48 miles

  • Community Tavern

    0.48 miles

  • Saint John School

    0.15 miles

  • Our Lady of Victory School

    0.46 miles

  • Saint Edward School

    0.60 miles

  • Portage Park Elementary School

    0.67 miles

  • Northwestern College

    0.76 miles

  • Vaughn Occupational High School

    0.78 miles

  • Belding Elementary School

    0.81 miles

  • Beaubien Elementary School

    0.85 miles

  • William P. Gray School

    0.95 miles

  • Palmer Elementary School

    0.98 miles

  • Happy Kids Preschool & Daycare Center

    1.34 miles

  • Kinder Academy Daycare

    1.49 miles

  • Pinocchio Child Care

    1.56 miles

  • Little Scholars Learning Center

    1.68 miles

  • Promiseland Learning Center

    1.71 miles

  • Care-A-Lot Early Learning Center

    1.94 miles

  • School For The Young Years

    2.04 miles

  • Rainbow School Daycare

    2.05 miles

  • Ravenswood Manor Child Care

    2.61 miles

  • Sunflower Early Learning Academy

    2.64 miles

Frequently Asked Questions

How much does Jefferson Park - Chicago - 15 Units cost?

The space currently listed for sale at Jefferson Park - Chicago - 15 Units asks for $2,150,000.

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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Contact Listing Broker
broker

KW Commercial | Clearwater