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6 Beds
5 Baths

$875,000

3816 W Montrose Avenue, Chicago IL, 60618

Property typeMulti-family
Listed by Lora Vasileva with Cedar Realty 312-967-4388

Overview

Active

Listed Jul 13, 2026

Updated 4 days ago

This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates: the roof was replaced 2 years ago, the front windows of the 2-bedroom were replaced in 2025, 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. With public transportation nearby, commuting is a breeze. Great upside potential

$5,821/mo

Est. mortgage payment based on a $875,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12703472

Interior Features

Bedrooms
6
Bathrooms
5
Heating
Yes
Basement
No

Other Property Details

Taxes
$13,061
Tax Frequency
Annually
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Listed by Lora Vasileva with Cedar Realty 312-967-4388

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Data is refreshed every 3 hours. Listing last updated 2:18 PM UTC on 9/17/2026. 

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