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$250,000
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Property Description
Single story commercial building on busy Montrose Ave in bustling Albany Park Neighborhood. Building has been remodeled about 10 years ago with new electrical service, HVAC system and new interior. The space is 1980SF and is currently occupied by fitness studio. Two bathrooms and additional storage configured within the space. Exterior parking in the back of the building.Great opportunity for owner/operator or local investor.
Full Property Details
Full Property Details for 3348 W Montrose Ave
General
- Price: $250,000
- Taxes: $11,431 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12529845
- Updated: 5/15/2026
- Added to Site: 158 day(s) ago
Location
- Area: CHI - Albany Park
- County: Cook
- Township: North Chicago
- Driving Directions: one block east of Kimball on Montrose
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 1,980
- Current Bldg. Use: Commercial
- Year Built: 1934
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 2,750
- Lot Dimensions: 22 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $1,636
- Operating Expenses: $6,000
- Assessment Year: 1934
- Tax Amount: $11,431
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 13142250330000
Listed by Triton Realty Group LLC
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Schools
Schools serving 3348 W Montrose Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Henry Elementary School 4250 North Saint Louis Avenue, Chicago, IL 60618 | PK-6 | 0.3 mi |
Marshall Middle School, Chicago, IL 3900 Lawndale Avenue, Chicago, IL 60618 | 7-8 | 0.7 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3348 W Montrose Ave
Date
Details
Price
Change
Source
12/11/2025
Listed
$250,000
56.25%
MLS
2/02/2017
Sold
$160,000
—
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 3348 W Montrose Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,432
—
$55,501
8%
2023
$11,432
3%
$51,361
—
2022
$11,136
2%
$51,361
—
2021
$10,873
-19%
$51,361
-10%
2020
$13,364
11%
$56,925
—
2019
$12,061
2%
$56,925
—
2018
$11,858
32%
$56,925
43%
2017
$9,015
7%
$39,684
—
2016
$8,410
-21%
$39,684
-27%
2015
$10,621
95%
$54,697
99%
2014
$5,437
-49%
$27,500
-50%
2013
$10,603
201%
$54,697
179%
2012
$3,517
—
$19,601
—
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 3348 W Montrose Ave
3348 W Montrose Avenue, Chicago, IL 60618 (MLS# 12529845) is a Commercial property. 3348 W Montrose Avenue is currently listed for $250,000 and was received on December 11, 2025. Want to learn more about 3348 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.

