Property Description
4263 W. Montrose is a 4-unit mixed-use asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago’s Irving Park neighborhood. The property includes one ground-floor commercial space, plus three residential units consisting of one 2-bedroom apartment, one 1-bedroom apartment, and one studio, providing a flexible composition suited for both residential and small-business tenancy. Built in 1915 with 2,700 rentable square feet, the building features a durable brick exterior and newer rebuilt rear wood porch system. Though the asset is currently vacant, it presents a rare value-add opportunity for investors seeking to reposition a mixed-use building in a high-traffic corridor near transit, parks, and neighborhood amenities. RT-3.5 Zoning.
Price is Subject to Offer - visit our Listing Data Room via URL below to access property rent roll and financials. For any questions regarding the property or the Carlson Northwest Side Portfolio, contact the listing agent.
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Property Details
Property Type
Mixed-Use
Year Built
1915
Year Renovated
N/A
Current Cap-Rate
Pro Forma Cap-Rate
Property Highlights
Newer Rebuilt Wood Porch System
Mixed-Use Configuration with Ground-Floor Commercial Space
Contact listing agent for more property highlights