This 3-unit property is a great investment opportunity or perfect for a Live/Work owner! The roof was replaced 2 years ago, and both the 2-bed and the coach house have new electrical. The 1600 Sq. Ft. storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated, and it's currently rented out. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. The estimated market rent for the couch house is $3600, and that number is used to calculate the GRI income. With public transportation nearby, commuting is a breeze. Great upside potential
Active
$895,000
3816 W Montrose Ave, Chicago, IL 60618
6beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$874,100 Zestimate®
$--/sqft
$-- HOA
What's special
Outdoor patioPrivate entryIn-unit laundryCustom kitchenBrand new elegant bathroomsBrand new kitchenGranite countertops
- 25 days
- on Zillow |
- 608 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: July 20, 2025 at 10:07pm
Listing courtesy of:
Lora Vasileva 312-967-4388,
Cedar Realty
Source: MRED as distributed by MLS GRID,MLS#: 12420367

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Crawl Space,Partial
Property
Lot
- Size: 3,186 Square Feet
- Dimensions: 27X118
Details
- Parcel number: 13141240330000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $616,820
- Annual tax amount: $13,061
- Date on market: 7/15/2025
- Ownership: Fee Simple
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