2942 West Montrose Avenue

Chicago, IL 60618

$975,000
Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Ravenswood Manor Rare find, 4 apartments plus 1 store front. Fully brick building consisting of one 1bed/1bath apartment (750sq.ft), three 2beds/1bath apartments (900sq.ft) and a store front with a long term tenant. Individualized heat. Three parking spaces in the back, coin laundry. Great income producing building for owner occupant or an investor.Ravenswood Manor Rare find, 4 apartments plus 1 store front. Fully brick building consisting of one 1bed/1bath apartment (750sq.ft), three 2beds/1bath apartments (900sq.ft) and a store front with a long term tenant. Individualized heat. Three parking spaces in the back, coin laundry. Great income producing building for owner occupant or an investor.
  1. Listed by Svetlana Kushnareva • SK Chicago Realty

Property Details for 2942 West Montrose Avenue

Area
CHI - Albany Park

Location

Listing Courtesy of SK Chicago Realty
Add your commute
LISTING UPDATED: 07/02/2024 12:07 AM

Property Details for 2942 West Montrose Avenue

StatusActive
MLS #12095736
Days on Market8
Taxes$10,024 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1968
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of SK Chicago Realty
Add your commute

Building Information for 2942 West Montrose Avenue

Stories-Residences5Year Built1968Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$6,156 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$835

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2942 West Montrose Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 5.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm On Site
  • Building Area Total: 4125
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $446.00
  • Fuel Expense: $1,562.00
  • Gross Income: $89,583.00
  • Gross Scheduled Income: $89,583.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 7465
  • Water Expense Source: Actual
  • Net Operating Income: $64,270.00
  • Operating Expense: $20,833.00
  • Other Expense: $4,255.00
  • Trash Expense: $.00
  • Water Sewer Expense: $3,003.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2942 West Montrose Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2942 West Montrose Avenue

Taxable ValueLand$7,500Additions$37,537Total$45,037
Tax Record2022$9,765 ($814 / month)
Home Facts
Baths3.5Total Finished SqFt4,125 SqFtAbove Grade Finished SqFt4,125 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN13-13-129-033

Schools near 2942 West Montrose Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Waters Elementary School
PublicK to 8

Roosevelt High School
Public9 to 12

North River Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2942 West Montrose Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on June 25, 2024 by SK Chicago Realty, it's currently listed at $975,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Waters Elementary School, Roosevelt High School and North River Elementary School. 2942 West Montrose Avenue is a 7-bed, 5-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SK Chicago Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 07/02/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.