Investment Overview
SVN | Chicago Industrial is pleased to present the opportunity to acquire three fully leased, income-producing commercial condominium units at 2934 W. Montrose Avenue, a well-positioned retail asset situated at the crossroads of Ravenswood Manor, Albany Park, and Lincoln Square on Chicago's vibrant North Side.
This offering consists of three stabilized commercial condo units totaling approximately 5,010 rentable square feet, each occupied by an established, service-based tenant operating under a triple-net (NNN) lease structure. With staggered lease terms extending through 2029–2031 and contractual annual rent escalations built into each lease, the property offers a buyer predictable, growing income with minimal landlord responsibility, an ideal profile for a passive investor, a 1031 exchange buyer, or an owner-user looking to occupy one unit while holding the others for income.
Investment Highlights
- Net Investment Opportunity
- Fully Leased
- Heavy foot/vehicle traffic
- High-end Tenant Buildouts
- HVAC and Central Heating
- Great window frontage for natural light
- Kitchenette
- Garage Space Included