Prime Montclare 4-unit apartment building offered for the first time in 20+ years. Unit mix includes four (4) spacious 2BD/1BA apartments featuring hardwood floors, decorative fireplaces, and separate dining rooms. Key improvements include separately metered electric with 200-AMP service, vinyl windows (last 15 years), flat roof with new layer (~10 years), GE hot water heater (2010), and gas-forced furnaces. Additional features: building-owned coin laundry and attached two-car brick garage. Current rents are well below market, creating a strong value-add opportunity through renovations, and rental increases. Excellent investment for long-term cash flow and appreciation in a stable neighborhood.
Property Details
Price:
$800,000
MLS #:
MRD12481759
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chimontclare
Listed Date:
Sep 26, 2025
Year Built:
1926
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$6,544
Listing Agent & Office
Adam Max
Compass
See this Listing
Mortgage Calculator
Map
Similar Listings Nearby

2554 N Oak Park Avenue
Chicago, IL


Recent Comments