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3116 West Montrose AvenueChicago, IL 60618Price: $849,900

  • Price: $849,900
  • 2 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 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.
  • $849,900List Price
  • 1915Year Built

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Gorgeous, Turnkey, Fully Leased 3 unit on Chicago's North Side, located steps from the Ravenswood Manor/Albany Park border. This property was gut rehabbed and completely re-imagined including a new brick and limestone facade and is currently bringing in $8,650 Monthly. Unit 2 is a 1,250 SF 3 bed/3 bath occupying the entire second level with it's own entrance and is leased for $3,650 a month through spring of 2027. Unit 1R is an 800 SF 2 bed 2 bath also with it's own entrance and leased through spring of 2027 for $2,500 a month. Unit 1F is a 500 SF Commercial space with stairs down to an unfinished basement. The developer is willing to sign a 2 year lease for $2,500 a month, but can also deliver this space vacant. There is a parking pad in the back for 3 cars. This property is just getting it's final details completed, but is ready to show.

Property Details of 3116 West Montrose Avenue

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Listed by Robert Sikkel of @properties

Based on information submitted to MRED  as of July 14, 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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