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Listing provided courtesy of Triton Realty Group LLCMREDas Distributed by MLSGrid- MLS# 12653113MLS Provider

3348 W montrose AvenueChicago, IL 60618

Commercial · 1,980 Sq. ft.
$250,000 Active

3348 W montrose Avenue Overview

Time on Site:
41 days
Visits:
6

Single story commercial building on busy Montrose Ave in bustling Albany Park Neighborhood. Building has been remodeled about 10 years ago with new electrical service, HVAC system and new interior. The space is 1980SF and is currently occupied by fitness studio. Two bathrooms and additional storage configured within the space. Exterior parking in the back of the building.Great opportunity for owner/operator or local investor.

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3348 W montrose Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 1,980
  • Price/Sq.ft. $126

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 18000
  • Gross Scheduled Income: 0
  • Insurance Expense: 1636
  • Net Operating Income: 4933
  • Operating Expense: 6000

Building Information

  • Year Built: 1934

Business Information

  • Current Use: Commercial

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $11,431.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13142250330000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1980

General Information

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1980
  • Stories: 1

Unit Information

  • Unit SqFt.: 1980

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 22X125
  • Lot Size Square Feet: 2750

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1

3348 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.

3348 W montrose Avenue Monthly Cost

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$ %
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Corinne Guerra
* 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.

3348 W montrose Avenue Market Data

Based on the last 30 days in this zip code

$936,559
Average List Price
$465
Average Price per Square Foot
66
Properties Sold
72
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network

3348 W montrose Avenue History

Date Event Value Agent
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026