5940 W Montrose Avenue Chicago, IL $ 849,900
5940 W Montrose Avenue
$ 849,900
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5940 W Montrose Avenue

Chicago, IL, 60634
$ 849,900
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 5,302

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Commercial Property for sale in Chicago, IL

for $849,900. This 4,000 square foot building was built in 1957 on a lot size of 0.14348.

Outstanding opportunity to own a well-maintained mixed-use building in the Portage Park. This property includes two PINs (5938-5940) and offers incredible flexibility for both investors and owner users. The main level features 3,000 sq ft of open commercial space with high ceilings and exposed brick. Large employee kitchen, 4 bathrooms, ample storage and private parking. This property is perfect for a variety of business types, including retail, professional or medical offices, personal services, restaurant/cafes, fitness studios and more. Above commerical space is a beautifully renovated (2024) 1,000 sq ft. apartment (2 beds, 1 bath) with new kitchen and appliances, harwood floors, new furnace, new water heater, central air and new electrical service. This residential unit is ideal for additional income or live/work use. Tenant occupied. Other upgrades include a full tear-off and new decking on the upper roof (2023), Lower roof approx 10 yrs old, parking lot sealed (2021). Property is in great condition. Sold AS-IS. Schedule your tour today!

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Commercial Active

Price

$ 849,900

Property Type

Commercial

Taxes

$ 10,487

Style

Lot Size

0.14348

Year Built

1957

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12471713

Features
General
Cooling Central Air
Possession Immediate
Zoning RTAIL
Construction Materials Brick Aluminum Siding
Year Built 1957
Electric Circuit Breakers
Stories Count 2
Township Jefferson
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Office Retail
Status Active
Directions Montrose (4400 North ) to 5940
City Chicago
Number Of Units Total 1
MLS Area CHI - Portage Park
Lot Size Square Feet 6250
Tax Annual Amount 10487.2
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Interior
Flooring Concrete
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 4000
Lot Dimensions 50X125
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* Excluded Features
List By
Nelly Corp Realty

Broker

pattiesantiago@yahoo.com

Email

Affordability Calculator

$6,176
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,302
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$849,900 Listed Price

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5940 W Montrose Avenue, Chicago, IL, 60634 is a Commercial Property for sale at $849,900 with 4,000 sqft and a lot size of 0.14348. 5940 W Montrose Avenue was built in 1957. The property's zip code is 60634 which is in Chicago, IL