Active
3816 Montrose Avenue
Chicago, IL 60618
$875,000
6beds
5baths
—sqft
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About this home
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
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Lot size—
Annual tax$13,061
CountyCook
MLS #MRD12589595
Days on market8
Features
Heating
Natural Gas
Construction
Vinyl SidingBrick
Sewer
Public Sewer
Listed by
Cedar Realty
Lora Vasileva · 312-967-4388
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/22/2026, 1:15:02 PM. All data should be independently verified.
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