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5844-5848 W Montrose Ave 9,375 SF 100% Leased Retail Building Chicago, IL 60630 $850,000 ($90.67/SF)
EXECUTIVE SUMMARY
Available for sale is a newly updated property that was originally three buildings and have been combined in a single structure comprised of four separate units. Situated on Montrose, this single-story building is fully leased to a restaurant, dance studio, storage unit and office space. This turnkey opportunity offers excellent frontage, close proximity to I-90/94, Metra and CTA Blue Line train stations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,375 SF
Building Class
C
Year Built
1926
Price
$850,000
Price Per SF
$90.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.22 AC
Zoning
B3-1 - Commercial
Frontage
75’ on Montrose Ave
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $22,792 | |
| Land Assessment | $70,314 | Total Assessment | $93,106 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$70,314
Improvements Assessment
$22,792
Total Assessment
$93,106
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5844-5848 W Montrose Ave
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