834 W Montrose Avenue Unit 101
Chicago, IL 60613

Status: Active
Office/Tech
0 beds
0 baths
0 sq.ft
Listing Price: $249,900
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About this home

Amazing TURN-KEY investment or 1031 exchange opportunity! Great commercial condo with a long term dental office tenant. Wonderful windows running all along Montrose. Tons of walk-by and drive-by traffic all year round. Steps to the lake and shops. Please contact listing agent for additional information on lease/income.

Property details

Property / Lot Details
Approximate Age 7-15 Years
Lot Dimensions COMMON
Fire Protection Fire Extinguisher/s
PropertySubType Condominium
Property Type Office/Tech
NumberOfUnitsTotal 15
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major CHI - Uptown
Zoning Type COMMR
Directions Lake Shore Drive to Montrose 834 W. Montrose
Electricity Circuit Breakers
Geographic Locale Downtown Chicago
Township Lake View
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 2005
Exterior Building Type Brick
MRD Virtual Tour None
Interior Features
Heat/Ventilation Forced Air
Stories 7

Financials

CapRate 5.76
Expense Year 2023
Total Annual Expense Source Actual
Gross Rental Income $2,582
LeasableArea 1000
Net Oper Income $14,389
OperatingExpense 16595
Investment Profile Commercial Sale

Tax/Assessments/Liens

PIN 14172290201001
Taxes $14,351
Tax Year 2023
$249,900 Listing Price:
MLS # 12105149
Investment Profile Commercial Sale
Listing Market Time 171 days
Basement
List Date 07/09/2024
Year Built 2005
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