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Listed price in listed location currency (USD).
$937,000

000

MLS® 12772286

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $14,063
Days Active 1
Lot Size 5407 SF
Approx. Age 1923
MLS® Number 12772286

Property Address: 5257 W Montrose Ave, Chicago, IL, 60641-1418

Average square foot calculated using Size range provided by listing agent.

Description

Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 8.86. Expenses total $30182. Net income $75538. Cap rate of 8%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact: Norbert Mika Text or email preferred. Do not contact Matthew Mika. See broker remarks for contact information.
MLS® Number12772286
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

32 days

Today, For Sale for $937,000

For Sale · 0 days

$937,000

MLS® 12772286

7 hours ago

Not Sold Yet

September 2026, For Sale for $937,000

For Sale · 0 days

$937,000

MLS® 12772286

7 hours ago

Not Sold Yet

August 2026, For Sale for $937,000

For Sale · 32 days

$937,000

MLS® 12745373

A month ago

Not Sold Yet

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