Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12655125MLS Provider

3034 W Montrose AvenueChicago, IL 60618

Commercial · 6,500 Sq. ft.
$1,449,000 Active

3034 W Montrose Avenue Overview

Time on Site:
21 days
Visits:
0

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 200K. Approximately 7,500 Sq. ft. of land and 6,500 Sq. ft. of mixed-use building. 2-pin numbers front and back with address 4410 N. Whipple Ave. used for parking lot. 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 of Lake Shore Dr. 1-commerical space is vacant now.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

3034 W Montrose Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 6,500
  • Price/Sq.ft. $223

Details

General

Income/Expenses

  • Other Expense: 5000
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 157476
  • Gross Scheduled Income: 157476
  • Insurance Expense: 5400
  • Net Operating Income: 123497
  • Trash Expense: 0
  • Water Sewer Expense: 3500

Building Information

  • Year Built: 1921

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Albany Park

Tax Information

  • Tax Annual Amount: $20,079.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13131270330000
  • Possible Use: Commercial,Multi-Family
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 6500

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 83X90
  • Lot Size Square Feet: 7470

Building Exterior/Construction

  • Construction Materials: Concrete, Brick

General Information

  • Number Of Units Total: 7

3034 W Montrose Avenue Neighborhood

Community

60618 (Chicago) Demographics

34
Median Age
18,700
Population Density (per sq. mile)
56%
College Educated
$85,443
Estimated Median Income
17,732
Estimated Total Home Owners
18,219
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3034 W Montrose Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3034 W Montrose Avenue Market Data

Based on the last 30 days in this zip code

$953,321
Average List Price
$467
Average Price per Square Foot
59
Properties Sold
71
Average Days on Market
156
Properties for Sale
Calculations provided by Reliance Network

3034 W Montrose Avenue History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Added to Database
June 08, 2026