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Susan Dickman

Broker

  • Office 773-627-8176
  • Cell 773-627-8176
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1434 Montrose Avenue, Chicago, IL – $225,000

  • $225k Price
  • 1,500 Sqft
  • $225k Price
  • 1,500 Sqft

1434 Montrose Avenue

Outstanding exposure/location. This currently rented fully finished retail/office space is at stoplight intersection of Montrose and Clark. This Newer rehab-architecturally designed w/ barn wood/exposed brick, 10ft ceilings, LED Cam dimming lights throughout. New electric, plumbing, kitchen w/SS appliances, ADA bathroom & tuck-pointing. Everything up to code. Great size conference room w/ 2 offices. Current tenants have extended their lease until January 14,2024. They've been strong tenants and are great neighbors! The real estate taxes are based on a Cook County valuation of $760,000. This property could be a great candidate for a repeal and significant reduction. List price is approx. 31% of that evaluation. Potential reduction could push Cap rate close to 10%. Strong long term tenant makes this an easy investment.

Essential Information

  • MLS® #10613411
  • Price$225,000
  • Square Footage1,500
  • Acres0.00
  • Year Built1942
  • TypeCommercial
  • Sub-TypeOffice/Tech
  • StatusActive

Community Information

  • Address1434 Montrose Avenue
  • AreaCHI - Uptown
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60613

Interior

  • HeatingCentral Heat/Indiv Controls
  • CoolingCentral Air
  • Stories1

Exterior

  • ExteriorBrick
  • Lot DescriptionMixed Use Area
  • RoofFlat
  • ConstructionBrick, Concrete
  • FoundationConcrete

Additional Information

  • ZoningOFFIC

Listing Details

  • OfficeCompass
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Price Change History for 1434 Montrose Avenue, Chicago, IL (MLS® #10613411)

Date Details Change
Status Changed from New to Active

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Berkshire Hathaway HomeServices KoenigRubloff Realty Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on June 4th, 2020 at 8:06pm CDT.