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$700,000
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Property Description
Newly rehabbed 2-flat building with income generating attic unit with 2 entrances and a basement unit as well. Cashflows as a 4 unit with Investors looking at a 15-18+ Cash on Cash Return! Building is fully leased with very qualified tenants. New 55 gallon water heater installed 2021. Furnaces are 9 years old. Plumbing and electric are new. Main water line to the city was also replaced. Attached 2 car garage. Units 1 and 2 include Central AC. Open concept units with hardwood floors, new kitchen cabinets, quartz countertops, all stainless steel appliances, and in-unit laundry and new bathrooms. New landscaping done and beautiful exterior paint job. Property is located on a prime stretch of Montrose Avenue with easy access to CTA, Blue Line, Brown Line and I-90/94 expressway. CONVENTIONAL BUYERS. WILL NOT QUALIFY FOR FHA...
Full Property Details
Full Property Details for 3505 W Montrose Ave
General
- Sold For: $700,000
- Taxes: $6,829 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12564445
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Irving Park
- County: Cook
- Driving Directions: MONTROSE WEST from Kimball TO 3505
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air, Space Heater
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Finished, Full
- Year Built: 1910
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 30 x 125
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $6,829.56
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13144010070000
Listed by Ellsbury Group LLC
Sold by Compass
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Schools
Schools serving 3505 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 | 0.2 mi |
Marshall Middle School, Chicago, IL 3900 Lawndale Avenue, Chicago, IL 60618 | 7-8 | 0.6 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.
3505 W Montrose Avenue, Chicago, IL 60618 (MLS# 12564445) is a Multi-Family property that was sold at $700,000 on April 01, 2026. Want to learn more about 3505 W Montrose Avenue? Do you have questions about finding other Multi-Family real estate for sale in Irving Park? You can browse all Irving Park real estate or contact a Coldwell Banker agent to request more information.

