Montclare Land for Sale

Welcome to Montclare, a hidden gem nestled in the heart of Chicago, Illinois! This vibrant neighborhood, located in Cook County, offers a perfect blend of suburban charm and urban convenience, making it an ideal place for families and individuals alike. Known for its tree-lined streets, Montclare boasts a warm, welcoming atmosphere, where community spirit thrives, and neighbors become friends.

As you explore Montclare, you’ll discover a rich tapestry of local parks, schools, and shopping options. The area is home to several well-maintained parks, perfect for picnics, sports, or leisurely strolls with loved ones. Families will appreciate the strong educational institutions nearby, ensuring that children have access to quality learning environments. With a variety of dining and retail options, residents can enjoy everything from cozy cafes to vibrant boutiques, all within a short distance.

If you’ve ever dreamed of building your own home, Montclare has exciting land for sale that offers a unique opportunity to create your perfect living space. Imagine designing a home tailored to your lifestyle, all while being surrounded by the beauty and community spirit of this delightful neighborhood. With easy access to public transportation and major highways, commuting to downtown Chicago or other parts of the city is a breeze.

Discover the charm of Montclare, where the warmth of community meets the excitement of city living. Don’t miss your chance to invest in land in this thriving neighborhood—your dream home awaits!

Newest Montclare Land for Sale

$230,000

12713411 MLS ⋅ ACTIVE Status

Attention Builders and Investors! Outstanding land opportunity at 3006 N. Natoma. This 29' x 125' lot offers excellent potential for redevelopment or new construction in a desirable location. Value is in the land. The existing structure has significant floor damage and is unsafe to enter. Drive-by only. No interior showings. Property is being sold strictly AS-IS.

3006 N Natoma Avenue, Chicago

$1,500,000

4 Beds ⋅ 3 Baths ⋅ 12527243 MLS ⋅ ACTIVE Status

Presenting a rare dual-parcel opportunity in Chicago's Montclare neighborhood, offering both a fully renovated two-unit residential income property and a high-visibility corner commercial site, creating a combined land assemblage of approximately 15,000+ square feet with 120 feet of frontage on Narragansett Avenue. Residential Income Property (Two-Unit Building) Originally constructed in 1920, this fully updated two-unit residential building offers 2,837 square feet of gross building area with a low effective age of approximately 20 years due to extensive renovations. Updates include newer kitchens, baths, flooring, paint, and fixtures. The building consists of a 6-room, 3-bedroom duplex unit and a 4-room, 1-bedroom garden unit, generating an estimated $3,100 in gross monthly market rent, including water and sewer. The main duplex showcases luxury finishes throughout, including: Exotic rare granite kitchen countertops Marble flooring in the kitchen, dining area, and bathroom Marble bathroom tile with heated floors Separate cooktop, oven, warming drawer, dishwasher, and garbage compactor The lower level is equally elevated with: Marble countertops and full marble bathroom finishes Luxury walk-in shower with six body sprays Heated bathroom floors and an overhead heat lamp Additional features include central air conditioning, hot water baseboard heating, a tankless water heater, detached two-car garage, and outdoor deck space, offering both tenant comfort and long-term durability. Commercial Corner Parcel The adjacent 11,250 square foot rectangular commercial parcel (approximate dimensions 90' x 125') sits on a signalized, high-traffic corner directly on Narragansett Avenue. The site is improved with a 2,500 square foot one-story masonry and frame commercial building, originally constructed in 1942 and maintained in average condition. The property is currently configured for automotive or heavy commercial use, which is considered its highest and best use. The commercial structure features: 16-foot clear ceiling heights in the shop Two large overhead drive-in doors Dedicated, climate-controlled office space Fully fenced yard Multiple points of ingress and egress from Narragansett, Wellington Avenue, and the rear alley Full utility access including water, sewer, gas, and electric Assemblage & Redevelopment Upside Together, these two parcels form a contiguous 15K+ square foot development site with superior frontage, alley access, and corner visibility. This rare configuration supports a wide range of strategic uses including: Commercial expansion Integrated commercial-residential operation Mixed-use redevelopment Full ground-up redevelopment This offering combines immediate cash-flow, turn-key commercial functionality, and long-term redevelopment optionality in one of Montclare's most visible commercial corridors.

2948-2958 N Narragansett Avenue, Chicago

$500,000

4 Beds ⋅ 3 Baths ⋅ 12527189 MLS ⋅ ACTIVE Status

**Listing reactivated due to buyer failure to perform. A prior inspection was completed successfully, with no significant issues reported.** Exceptional owner-occupant or investment opportunity in Chicago's Montclare neighborhood. Originally constructed in 1920 and comprehensively updated in 2021, this well-maintained two-unit property offers 4 bedrooms, 3 full bathrooms and approximately 2,837 square feet of total building area. The spacious upper duplex provides approximately 1,788 square feet across the second and dormered third floors, with 3 bedrooms, 2 full bathrooms, separate living and dining rooms, and a generously appointed kitchen. Features include rich wood cabinetry, distinctive granite countertops, a center island, stainless-steel appliances, separate cooktop and oven, warming drawer, dishwasher and garbage compactor. Hardwood, marble and tile flooring, recessed lighting, decorative trim and heated bathroom floors enhance the interior. The uppermost level offers an oversized bedroom or primary-suite-style retreat with vaulted and sloped ceilings, abundant open space and its own full bathroom. The separate above-grade ground-level apartment offers approximately 1,049 square feet with 1 bedroom, a den or flex room, full kitchen, living area and renovated bathroom. Multiple windows provide natural sunlight, distinguishing the unit from a traditional below-grade garden apartment. Additional finishes include marble countertops, extensive marble bathroom surfaces, heated flooring, an overhead heat lamp and a multi-spray shower system. This flexible configuration is well suited for rental income, extended living, guests or work-from-home needs. The property features updated kitchens, bathrooms, flooring, paint and fixtures, along with hot-water baseboard heat, a boiler and tankless water heater. Exterior amenities include a front porch, fenced backyard and expansive rear deck with pergola. The detached two-car garage contains approximately 575 square feet, offers alley access and is entirely vacant for the purchaser's immediate use or potential supplemental rental income. Conveniently located near shopping, parks, public and private schools, library services, medical offices, religious institutions, CTA bus routes and Metra transportation. This is a strong option for an owner-occupant seeking additional income, a multigenerational household or an investor looking for two updated units with room to improve the rent roll. The adjacent commercial property may also be available separately, creating a potential assemblage opportunity with approximately 15,025 square feet of combined land area and approximately 120 feet of street frontage.

2948 N Narragansett Avenue, Chicago

$1,000,000

12527047 MLS ⋅ ACTIVE Status

Secure a strategic commercial asset at 2958 N Narragansett Ave, featuring a high-visibility, corner signalized site spanning 11,250 square feet (with dimensions of 90 X 125) in Chicago's Montclare neighborhood, located directly on Narragansett Avenue, a main north/south thoroughfare. This prime rectangular parcel is improved with a solid one-story, 2,500 square foot, masonry and frame constructed commercial/auto repair type building, originally built in 1942 (82 years old) and currently maintained in average overall condition. This property's continued operation as a commercial development is recognized as the highest and best use of the improved site. The turn-key commercial structure offers critical operational features necessary for heavy motor vehicle users, including impressive 16 foot clear ceilings in the shop area, two large overhead doors, dedicated small office space that is separately climate-controlled, and a fully fenced yard. The site boasts optimal access from Narragansett, Wellington Avenue (frontage along Wellington), and a crucial rear alley featuring multiple curb cuts. All normal utilities, including sewer, water, gas, and electricity, are available to the site. For strategic developers or expanding businesses seeking maximum density, the commercial parcel offers an immediate land assembly opportunity with the adjacent residential income property at 2948 N Narragansett Ave, which is separately available for purchase. Consolidating both adjacent parcels creates a substantial contiguous site totaling approximately 15K+ total square feet of land, offering estimated overall combined dimensions of 120 feet of frontage on Narragansett by 125 feet deep. The neighboring 2948 N Narragansett property is a complementary two-unit residential multi-family building totaling 2,837 square feet of gross building area, featuring recent updates and would generate an estimated $3,100 gross monthly market rent from its two units (a 1-bedroom garden unit and a 3-bedroom duplexed unit). This rare combined offering presents immense potential for an integrated commercial operation, significant expansion, or complete ground-up redevelopment opportunity.

2958 N Narragansett Avenue, Chicago

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