3519 W Montrose Avenue

GREAT OPPORTUNITY!!! 6-unit, brick mixed-use (4 residential and 2 commercial) building in booming Albany Park! This is a fire-damaged property that has been professionally remediated - Extensive work has already been completed to clean and deodorize. Structure has been shored up with brick work, sub-flooring, wall framing, windows and roof framing. Additional work and finishing of the units await the new owner *** The building sits on a double wide lot (50 x 117) with alley access in the back with space for 8 parking spaces. * Architectural plans (available upon request) are done - Four 3-4BR/1BTH approx 1,000 sq ft apartments w/ enclosed 40' x 8' porches in rear AND two commercial spaces roughly 1,000 sq ft each. Center entrance for residential units and private entrances for commercial units. Conservative estimates of anticipated GRl of $125-$135K/year with NOI of roughly $100K * Strong cash-flow investment in fantastic northside Chicago neighborhood!