Ravenswood Commercial Condos For SALE

1628-30 W. Montrose Chicago, IL 60613

1628-30 W. Montrose, Chicago, IL, 60613
1628-30 W. Montrose, Chicago, IL, 60613
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$1,100,000
Last Verified:
Jul 21, 2022

Highlights


Description

SVN Chicago Commercial is pleased to offer 1628-30 W. Montrose for SALE and LEASE. The subject property consists of two commercial condominium storefronts located in Chicago’s Ravenswood neighborhood immediately west of Ashland Avenue and less than two blocks east of the CTA Montrose Brown Line station. These separate units are currently combined as a single 4,700 square foot contiguous ground floor office space with 85’ of frontage along Montrose and 56’ of depth. There are two separate PINs and they can be offered as separate spaces.

1628 W. Montrose is approx. 2,000 SF of finished office space with one large private office, one conference room, five large workstations, open workspace, production areas, kitchen and two bathrooms.
1630 W. Montrose is approx. 2,700 SF and is comprised of 14 private offices, reception area, ample storage, shower and kitchen.

Separately, each of the units has their own dedicated electrical panel, washroom(s), hot water heater and HVAC system. The south exposure, large storefront windows and great ceiling heights provide abundant natural light. Wide sidewalks, easy street parking and mature trees add to the desirability of this location. The office furniture FF&E is available separately. A Matterport tour of the property can be viewed here: https://my.matterport.com/show/?m=34an5tvwQnP

SVN Chicago Commercial is pleased to offer 1628-30 W. Montrose for SALE and LEASE. The subject property consists of two commercial condominium storefronts located in Chicago’s Ravenswood neighborhood immediately west of Ashland Avenue and less than two blocks east of the CTA Montrose Brown Line station. These separate units are currently combined as a single 4,700 square foot contiguous ground floor office space with 85’ of frontage along Montrose and 56’ of depth. There are two separate PINs and they can be offered as separate spaces.

1628 W. Montrose is approx. 2,000 SF of finished office space with one large private office, one conference room, five large workstations, open workspace, production areas, kitchen and two bathrooms.
1630 W. Montrose is approx. 2,700 SF and is comprised of 14 private offices, reception area, ample storage, shower and kitchen.

Separately, each of the units has their own dedicated electrical panel, washroom(s), hot water heater and HVAC system. The south exposure, large storefront windows and great ceiling heights provide abundant natural light. Wide sidewalks, easy street parking and mature trees add to the desirability of this location. The office furniture FF&E is available separately. A Matterport tour of the property can be viewed here: https://my.matterport.com/show/?m=34an5tvwQnP

The subject property is located immediately west of the hard corner intersection of Montrose and Ashland Avenue in Chicago's Ravenswood neighborhood. Located less than two blocks east of the CTA's Montrose Brown Line station, the site is also served by the Montrose bus line. Ravenswood Elementary School is located across the street. Nearby parks include Zatterberg Playlot Park, Chase Park and Gooseberry Park. This location ranks as a 94 for walkability and 73 for access to public transportation. Popular neighborhood restaurants include Urban Vegan, Bien Me Sabe and Disco Taco. Densely populated, high-income trade area with more than 135,000 residents having an average household income of over $95,000 living within 1.5 miles. B1 zoning.

Building Size: 4700sq ft
Lot Size: 0 acres


Documents

1628-30 W Montrose S/L Brochure

Units for Lease

1626-30 W Montrose
Space Available: 4700 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $30.00


Map of 1628-30 W. Montrose, Chicago, IL, 60613

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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