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3519 West Montrose AvenueChicago, IL 60618Price: $700,000

  • Price: $700,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $700,000List Price
  • 1920Year Built

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GREAT OPPORTUNITY!!! 6-unit, brick mixed-use (4 residential and 2 commercial) building in booming Albany Park! This is a fire-damaged property that has been professionally remediated - Extensive work has already been completed to clean and deodorize. Structure has been shored up with brick work, sub-flooring, wall framing, windows and roof framing. Additional work and finishing of the units await the new owner *** The building sits on a double wide lot (50 x 117) with alley access in the back with space for 8 parking spaces. * Architectural plans (available upon request) are done - Four 3-4BR/1BTH approx 1,000 sq ft apartments w/ enclosed 40' x 8' porches in rear AND two commercial spaces roughly 1,000 sq ft each. Center entrance for residential units and private entrances for commercial units. Conservative estimates of anticipated GRl of $125-$135K/year with NOI of roughly $100K * Strong cash-flow investment in fantastic northside Chicago neighborhood!

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Listed by John Gall of RCI Preferred Realty

Based on information submitted to MRED  as of May 20, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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