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 Nov 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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Contacts

Jack Bataoel

KW Commercial | Clearwater

Location

Getting Around

Walk Score ®
86/100 Very Walkable
Transit Score ®
64/100 Good Transit
Bike Score ®
67/100 Bikeable

Map
Street

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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