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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 886-4663

$ 620,000

Est. payment -/mo

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Pending

4121 W Montrose AVE Chicago, IL 60641

4,400 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $140

MLS Listing ID 11905155

Year Built 1903

Annual Tax Amount $11,244

Tax Year 2023

Lot Dimensions 53X100

Property Sub-Type Mixed Use

Property Description

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. Both apartments are currently rented on 12 month leases bringing in 1,500 and 1,400/mo. 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. This is a perfect opportunity for anyone looking to invest in a property that has the potential to generate a steady income.

Location

State IL

County Cook

Area Chi - Irving Park

Zoning COMMR

Interior

Cooling Partial

Fireplace N

Building

Dwelling Type Mixed Use

Listed by Antonio Salas of Baird & Warner

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MY BLOGS

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 886-4663

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005