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

000

MLS® 12772293

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $14,536
Days Active 1
Lot Size 5407 SF
Approx. Age 1923
MLS® Number 12772293

Property Address: 5259 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. See broker remarks for contact information. Text or email preferred. Do not contact Matthew Mika.
MLS® Number12772293
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

32 days

Today, For Sale for $937,000

For Sale · 0 days

$937,000

MLS® 12772293

6 hours ago

Not Sold Yet

September 2026, For Sale for $937,000

For Sale · 0 days

$937,000

MLS® 12772293

6 hours ago

Not Sold Yet

August 2026, For Sale for $937,000

For Sale · 32 days

$937,000

MLS® 12745388

A month ago

Not Sold Yet

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