3505 W MONTROSE Avenue Chicago, IL ^$ 635,000

3505 W MONTROSE Avenue

^$ 635,000

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3505 W MONTROSE Avenue

Chicago, IL, 60618

^$ 635,000

Bedrooms10 Baths4.0 Sq 2,000

Monthly Estimate*

^$ 3,910

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Multi-Family Home for sale in Chicago, IL

for $635,000 with 10 bedrooms and 4 full baths. This 2,000 square foot home was built in 1910.

Newly rehabbed 2-flat building with income generating attic unit with 2 entrances and a basement unit as well. Cashflows as a 4 unit with Investors looking at a 15-18+ Cash on Cash Return! Building is fully leased with very qualified tenants. New 55 gallon water heater installed 2021. Furnaces are 9 years old. Plumbing and electric are new. Main water line to the city was also replaced. Attached 2 car garage. Units 1 and 2 include Central AC. Open concept units with hardwood floors, new kitchen cabinets, quartz countertops, all stainless steel appliances, and in-unit laundry and new bathrooms. New landscaping done and beautiful exterior paint job. Property is located on a prime stretch of Montrose Avenue with easy access to CTA, Blue Line, Brown Line and I-90/94 expressway. CONVENTIONAL BUYERS. WILL NOT QUALIFY FOR FHA...

Multi-Family Contingent

Price

^$ 635,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,829

Style

Year Built

1910

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12564445

Features

General

Sewer Public Sewer

Heating Forced Air Space Heater

Possession Closing

Garage Spaces 2.5

Construction Materials Frame

Year Built 1910

Township West Chicago

Tax Year 2023

Ownership Fee Simple

Gross Income 81600

County Cook

Net Operating Income 61200

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 16

Status Contingent

Directions MONTROSE WEST from Kimball TO 3505

City Chicago

High School District 299

MLS Area CHI - Irving Park

Tax Annual Amount 6829.56

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Full

Total Bedrooms 10

Total Baths 4

Bedrooms Possible 10

Full Baths Building 4

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan Public

Total Parking 2.5

Lot Dimensions 30 X 125

Waterfront Y/N N

* Excluded Features

List By

Ellsbury Group Llc

Broker

bilalaaare@gmail.com

Affordability Calculator

$4,479

Per Month

Monthly Principal & Interest: $3,910
Monthly Property Taxes: $569
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$607,426

Percent of Sale Price 4%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/10/2026	$635,000		Listed Price

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3505 W MONTROSE Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $635,000 with 2,000 sqft. 3505 W MONTROSE Avenue has 10 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 2/22/2026.

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3505 W MONTROSE Avenue

Multi-Family Home for sale in Chicago, IL

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