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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12423202MLS Provider

4220-4228 W Montrose AvenueChicago, IL 60641

Commercial · 11,700 Sq. ft.
$1,799,000 Active

4220-4228 W Montrose Avenue Overview

Time on Site:
343 days
Visits:
10

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.

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4220-4228 W Montrose Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 11,700
  • Price/Sq.ft. $154

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1959

Business Information

  • Business Type: Food & Beverage

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Irving Park

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $41,112.21
  • Tax Year: 2023

General Information

  • Parcel Number: 13152340170000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 11700

General Information

  • Cooling: Central Individual
  • Electric: Other
  • Leasable Area: 11700
  • Stories: 1

Unit Information

  • Unit SqFt.: 2300

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 155'X119'
  • Lot Size Square Feet: 18445

General Information

  • Number Of Units Total: 3

4220-4228 W Montrose Avenue Neighborhood

Community

60641 (Chicago) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4220-4228 W Montrose Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4220-4228 W Montrose Avenue Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

4220-4228 W Montrose Avenue History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 21, 2025
7/31/2025Source: MRED Status Change
Active