1510 W Montrose Avenue Chicago IL 60613 MLS #MRD12427685

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Investor’s opportunity in Ravenswood – rare 7BR/4BA 2-flat with proven Airbnb success. Fully functional short-term rental setup with smart updates for a seamless, automated guest experience. Top unit offers 4BR/2BA; lower unit features 3BR/2BA. Renovated kitchens and baths with granite countertops, stainless steel appliances, and modern finishes. Major updates: tear-off roof/new parapet (2018), rebuilt porch (2024), new sidewalk/back patio (2018), and new water heaters (2023-2024). Two exterior entrances allow flexible use for multiple occupants, STR hosting, or long-term tenants. Located steps from Southport Corridor, Wrigley Field, CTA Brown Line, Wells Park, Mariano’s, Whole Foods, boutique shops, dining, and top-rated schools. Walk Score 94, Transit Score 82. Full income/expense reports and Airbnb performance snapshot available in Additional Info. Turnkey, income-ready, and move-in ready in one of Chicago’s most desirable neighborhoods.

Property Details

Price:
$1,350,000
MLS #:
MRD12427685
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
chiuptown
Listed Date:
Aug 15, 2025
Year Built:
1901
Chi – UptownChiuptownDisney Ii Elementary Magnet SchoRavenswood Elementary SchoolLane Technical High School

Schools

School District:
299
Elementary School:
Disney Ii Elementary Magnet Scho
Middle School:
Ravenswood Elementary School
High School:
Lane Technical High School

Interior

Heating
Natural Gas

Exterior

Architectural Style
Greystone
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Stone

Financial

Tax Year
2023
Taxes
$10,790

Listing Agent & Office

Barrie Jessome
Baird & Warner

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