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3026 W Montrose Avenue Chicago, IL 60618

$2,899,000
Active / MLS# 12759318 / Commercial - Business / Chicago
0 Beds
9516 SqFt

Prime East Albany Park mixed-use investment opportunity located along one of the neighborhood's best commercial corridors. Prominent corner location at Montrose Ave. and Whipple Ave., just east of Kedzie Ave., offering exceptional visibility, exposure, strong street presence, and aesthetic charm. Approximately 11,000 Sq. ft. of land and about 9,600 Sq. ft. of mixed-use building space consisting of 4-street-level commercial stores leased to 2-tenants and 4-residential units above. Two of the 2nd level residential units are part and integrated/configured with the main-level dental office as a duplex and the two other units are a mix of one 2-bedrooms, 1-bath and one 3-bedrooms, 1-bath. Rear parking lot has 15-spaces serving exclusively the commercial tenants. The property is ideally positioned within a high-density residential and commercial district, surrounded by Lincoln Square, & Budlong Woods neighborhoods North Park, Mayfair/North Mayfair, Ravenswood Manor, and Irving Park. Nearby retailers and amenities include Walgreens, Starbucks, Dunkin', restaurants, shops, entertainment, and public transportation, all within walking distance. Strong pedestrian and vehicular traffic, combined with excellent street visibility, make this a highly desirable location for both commercial and residential use. Conveniently located near major roads, interstates, short distance to O'Hare Airport, Downtown Chicago, and minutes to Lake Shore Drive. A rare opportunity to own a highly visible, well-positioned mixed-use property in a thriving Chicago neighborhood.

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Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.24 Acres
Stories: 2.0
Taxes: $24,715
Year Built: 1924

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Concrete, Brick
Fire Protection: Fire Extinguisher/s
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Central Business District, Corner, Mixed Use Area, High Traffic Area
Lot Dimensions: 84x125
Number of Tenant(s): 4
Parcel#: 13131280270000
Parking: 13-18 Spaces
Units: 8

Location

See details and scored characteristics about this location.

Listing Office: Century 21 Circle

Listing Office Phone: 773-465-4200



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