Active · For Sale · Industrial

4220-4228 W Montrose Avenue, Chicago, IL 60641

MLS #12423202

4220-4228 W Montrose Avenue, Chicago, IL 60641
4220-4228 W Montrose Avenue, Chicago, IL 60641CRER
4220-4228 W Montrose Avenue, Chicago, IL 60641

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4220-4228 W Montrose Avenue, Chicago, IL 60641

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The property

Executive summary

Exceptional industrial and office property for sale in Mayfair. Great development opportunity; total of 11,700 SF buildings on 18,445 SF land with onsite parking lots. Located on high traffic Montrose Avenue, close to I-90, O'Hare Blue Line and major thoroughfares. 4220 W. Montrose Avenue is a 2,300 SF office building plus parking lot. The office includes reception, 8 private offices, 2 bathrooms, kitchen, storage, conference area, and an open workspace area. Parking lot onsite for approx. 8 vehicles. 4224-4228 W. Montrose is a 7,100 SF warehouse/shop with parking lot. It includes an office and 3 garage doors. The location is leased to a lawnmower repair company. Rear Warehouse: There is an additional rear 2,300 SF warehouse with 600 SF office and bathroom, plus fenced parking/storage available. The buildings are also available for lease.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$41,112 (2023)

Property Details

Units
3
Building Size
11,700 SF
Lot Size
18,445 SF
Lot Dimensions
155'X119'
Stories
1
Year Built
1959
Building Age
Older
Parcel Number
13152340170000

Operations & Utilities

Heating
Central Heat/Indiv Controls
Cooling
Central Individual
Tenant Pays
Varies by Tenant
Electric
Other

Location & Use

County
Cook
Market Area
Chicago - Irving Park

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.