🚨 PRICE REDUCED to $895,000 | 12% Pro Forma Cap Rate 🚨

We have just repositioned the pricing on 3217 W Montrose Ave—a fully occupied, 4,000 SF retail condo in Chicago’s highly constrained Northwest City submarket.

This asset is currently operated by an out-of-state owner and offers massive, immediate upside. We purposely maintained month-to-month leases across 5 of the 6 units, giving you the ultimate blank slate:

📈 Investors: Instantly convert the below-market gross leases to standard NNN leases to unlock a 12% Pro Forma Cap Rate. No waiting years for long-term lease expirations.
🏢 Owner-Users: Quickly vacate the majority of the ground-floor footprint for your own business while securing favorable SBA financing and keeping in-place income from the remaining tenant.

Chicago street retail with this level of stability and immediate flexibility is rare.
🔗 View the full OM, rent roll, and financial model here: https://creconsult.net/property/3217-3229-west-montrose-avenue-chicago-7-unit-retail/

Reach out directly to discuss the financials or schedule a tour.

👤 Randolph Taylor, MBA, CCIM, MiCP
🏢 Vice President | eXp Commercial Chicago
📞 (630) 474-6441 ✉️ rtaylor@creconsult.net
📍 939 W North Ave, #750, Chicago, IL 60642
📝 IL License: 475.142701

#CommercialRealEstate #CRE #ChicagoRealEstate #ValueAdd #RetailRealEstate #eXpCommercial #CCIM #OwnerUser #CREInvesting #ChicagoBusiness