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Two to Four Units · Chicago, IL
$875,000
6 beds · 5 baths
3816 W Montrose Avenue, Chicago, IL, 60618
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates: the roof was replaced 2 years ago, the front windows of the 2-bedroom were replaced in 2025, and both the 2-bed and the coach house have new electrical. The 1600 Sq. Ft. storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated, and it's currently rented out. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential
— the listing agent’s description

The home

6 beds
5 baths
Lot 27X118
Two to Four Units

What it’ll cost

$13,061 taxes / yr
No HOA
63 days on dwello

Estimated monthly payment

$5,995/mo
Principal & interest$4,652
Property taxes$1,088
Homeowners insurance$255
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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63 days on dwello
Price history
Listed for sale
Mar 11, 2026
$875,000
Earlier records
Listed
Mar 11, 2026
$875,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$13,061/yr
Assessed value
2025
County assessor
$69,321~$693,210 mkt
2024
$69,321~$693,210 mkt
2023
$61,683~$616,830 mkt
2022
$61,683~$616,830 mkt
2021
$61,683~$616,830 mkt
2020
$31,615~$316,150 mkt
2019
$36,148~$361,480 mkt
2018
$36,148~$361,480 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasVinyl SidingBrickPublic Sewer
Neighborhood
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MLS listing dataMRED
Listed by Lora Vasileva · Cedar Realty
Listing last updated May 12, 2026 · data refreshed from the MLS Jun 17, 2026, 6:17 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:17 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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