$ 450,000
5913 W Montrose Avenue Chicago, IL 60634
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$ 450,000
Est. payment | /mo
$ 450,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12035514
Year Built 1965
Annual Tax Amount $6,493
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Rarely available opportunity to acquire a prime mixed-use property along high-visibility Montrose Ave. Perfect retail/office business in busy location with spacious rental unit on the second level. First floor holds a versatile 6-room/1.5-bathroom office space, currently utilized as a physical therapy office. Featuring a reception area, private office, full and half-bath, plus a utility room equipped with two furnaces for HVAC, a water heater, laundry facilities, and ample storage. Access to the second level is available via both exterior and interior entry points. Second level holds a 3 bedroom/1 bathroom residential unit with bright living room + front balcony, kitchen, and dining area. Back deck leads to large backyard with 2 car garage. The property is B3-2 zoning which allows for more types of businesses than B1 and B2 districts. Maximum street visibility and foot traffic makes this the ideal investment opportunity for owner-occupants or business users seeking solid apartment rental income to offset expenses. ****The information about zoning comes from the city zoning map and broker makes no representation as to the actual zoning and buildability**** Buyer to confirm zoning and buildability****
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
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Listed by Ivona Kutermankiewicz • Berkshire Hathaway HomeServices Chicago