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$1,429,000
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Property Description
East Albany Park neighborhood at its best commercial corridor of retail/pedestrian traffic. The corner of Montrose Ave., at Whipple Ave., just east of Kedzie Ave., traffic light intersection. 2024, recent improvements exceeded $200,000. Approximately 7,470 Sq. ft. of land and 6,500 Sq. ft. of mixed-use building. 2-pin numbers front and back. Offering the possibility of erecting another multi/mixed-use building on the rear pin number with the address of 4410 N. Whipple Ave. Current existing building featuring 5-Commercial stores leased to 3-different tenants/users. 2-Residnetial units on the 2nd level, consisting of 2-bedrooms 1-bath each. NEARBY retailers, include, Walgreens, Starbucks, Dunkin Donates, restaurants and shops. Strong street presence and exposure. Walking distance to all convenient retailers, shops, entertainment places, and public transportation. Rear metal gated parking offers 15-Spaces. Great location, close to major roads, interstates, O'Hare Airport, downtown, and within short distance to Lake Shore Dr.
Full Property Details
Full Property Details for 3034-3042 W Montrose Ave
General
- Price: $1,429,000
- Taxes: $16,000 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12498219
- Updated: 1/8/2026
- Added to Site: 115 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Kedzie Ave to Montrose Ave. east to address California Ave. to Montrose Ave. west to address
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 6,500
- # of Stores: 5
- Year Built: 1921
- Built Before 1978: Yes
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 7,470
- Lot Dimensions: 83 x 90
Financial Considerations
- Insurance Fee: $12,000
- Other Fee: $5,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1921
- Tax Amount: $16,000
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13131270330000
Listed by Century 21 Circle
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Price & Sales History for 3034-3042 W Montrose Ave
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$1,429,000
-1.38%
MLS
10/31/2025
Price Reduced
$1,449,000
-3.34%
MLS
10/23/2025
Price Reduced
$1,499,000
-3.23%
MLS
10/17/2025
Listed
$1,549,000
244.22%
MLS
10/19/2007
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3034-3042 W Montrose Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,561
3%
$65,422
—
2022
$14,185
-8%
$65,422
-10%
2021
$15,453
37%
$72,999
52%
2020
$11,252
-4%
$47,931
-13%
2019
$11,673
2%
$55,094
—
2018
$11,476
-3%
$55,094
5%
2017
$11,883
7%
$52,308
—
2016
$11,085
9%
$52,308
—
2015
$10,158
-6%
$52,308
-4%
2014
$10,751
-5%
$54,374
-7%
2013
$11,370
8%
$58,650
—
2012
$10,524
—
$58,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3034-3042 W Montrose Ave
3034-3042 W Montrose Avenue, Chicago, IL 60618 (MLS# 12498219) is a Commercial property. 3034-3042 W Montrose Avenue is currently listed for $1,429,000 and was received on October 17, 2025. Want to learn more about 3034-3042 W Montrose Avenue? Do you have questions about finding other Commercial real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

