3257 W Montrose Avenue, CHICAGO IL 60618 Photo 1 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 2 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 3 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 4 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 5 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 6 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 7 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 8 3257 W Montrose Avenue, CHICAGO IL 60618 Photo 9
Listing Courtesy of Matthew a Fritzshall

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3257 W Montrose Avenue - The building features 7 fully gut remodeled apartments and 3 stores; 2 of which are occupied by a long term tenant. The remodel includes new plumbing, electric, windows, porches, kitchens and bathrooms. This is perfect "turn-key" asset with a stabilized cash flow in one of Chicago's hottest neighborhoods! There are 4 - 2bdrm/1bath Units and 3- 3bdrm/1bath units. Please contact listing agent for more information.

Listing information

  • MLS® ID: 09394810
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1923
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $7,439

Features

Air Conditioning Central Air
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Electrical Service Circuit Breakers
Exterior Building Type Brick
Floor Finish Wood
Foundation Concrete
Franchisor Feed(y/n) No
Fuel Expense Source Actual
Geographic Locale Chicago North
Heat/Ventilation Central Heat/Indiv Controls, Forced Air, Gas
Information 24-Hr Notice Required
Misc Inside Skylight/s
Other # Of Apts - 7, # Of Dishwashers - 7, # Of Dryers - 1, # Of Offices - 0, # Of Ranges - 7, # Of Refrigs - 7, # Of Units - 10, # Of Washers - 1, Approx Total Bldg Sq Ft - 10000, Electricity Expense - 1260, Expense Year - 2014, Fuel Expense - 1740, Gross Rent Multiplier - 9.43, Gross Rental Income $ - 16920, Insurance Expense - 4132, Net Oper Income $ - 12756, Net Operating Income Year - 2016, Other Expenses - 0, Scavenger Expense - 1944, Tax Year - 2015, Total Annual Exp - 32725, Total Annual Income - 170400, Total Monthly Income - 14100, Township - Jefferson, Water Expense - 2700, Zoning Type - Multi
Possession Closing
Property Type Mixed Use
Roof Coverings Membrane
Roof Structure Flat
Tenant Pays Air Conditioning, Electric, Heat
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Matthew a Fritzshall