1044 W Montana St , Chicago, IL 60614
Rarely available investment opportunity, this high rent 5 unit building is a money making machine. Keep as an armchair investment property, building running smoothly just keep high rents coming. Absolutely no expected vacancies due to prime location. Units have many updates including copper plumbing lines, renovated kitchens, updated gas forced air HVAC systems and separate utilities. Add this to your portfolio, front first and second floor units provide over 1,100 square feet each. Coach House units are also large with tall ceilings and spacious rooms. Room to improve rents without having to do major renovations. Building has over 6.5% cap rate potential. Just steps to DePaul University, Brown/Purple/Red Fullerton stop, restaurants and shops.
1st Floor-Front Unit
This unit has tall ceilings and windows.
Separate dining room with tall, west facing windows that allow for abundant natural light.
The large kitchen has room for a breakfast table or prepping island.
All three bedrooms in this unit have space for a queen size bed and each has a deep closet.
This bathroom has white subway tile.
2nd Floor-Front Unit
Each apartment has separate utilities including gas forced air and central a/c.
The carpet has been recently replaced and apartment freshly painted.
This kitchen has its’ own washer and dryer in unit.
Bedrooms are large with plenty of space for a desk and queen bed.
2nd floor front unit bathroom.
Coach house shown here features 2 separate spacious apartments and a laundry room for tenants.
2nd Floor Coach House Unit
Spacious living room with large windows and a ceiling fan.
Bright and spacious kitchen with an eating area.
Large bright bedroom.
2nd Floor coach house bathroom.
1st Floor-Coach House Unit
Notice the tall ceilings in this coach house unit.
Spacious kitchen has ample space for an eating area.
All bedrooms are bright and spacious.
1st Floor coach house bathroom.
Garden Unit – Front Building
Large living room with wood trim.
Garden unit kitchen with enough space for an eating area.
Garden unit bedrooms are good sized.
Garden unit bathroom has a newer vanity.
Tenants pay all separate utilities
Prime location, 1 block from DePaul, Brown, Red and Purple Line
Close to all restaurants and shops
Quiet tree lined street
Large units with spacious bedrooms
Extra Large kitchens and living areas
Tall Ceilings and Tall windows
Garden unit with two entrances
2 Laundry rooms
Front/Main building and Coach house have separate entrances
Courtyard in between Main building and coach house, ideal for common outside seating
Owner has little to none vacancies due to superb location
New siding on front building
New roof on Coach house
High Cap rate on desirable neighborhood
Please contact Gary Lucido at 312 738 0232 for a showing. Click here to see our other Chicago Area Homes for Sale.