Listing provided courtesy of Nelly Corp RealtyMREDas Distributed by MLSGrid- MLS# 12471713MLS Provider

5940 W Montrose AvenueChicago, IL 60634

Commercial · 4,000 Sq. ft.
$849,900 Active

5940 W Montrose Avenue Overview

Time on Site:
287 days
Visits:
1

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, hardwood 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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5940 W Montrose Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,000
  • Price/Sq.ft. $212

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 25200
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1957

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $8,436.44
  • Tax Year: 2024

General Information

  • Parcel Number: 13172250380000
  • Possible Use: Office,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 4000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 50X125
  • Lot Size Square Feet: 6250

Building Exterior/Construction

  • Construction Materials: Brick, Aluminum Siding

General Information

  • Number Of Units Total: 1

5940 W Montrose Avenue Neighborhood

Community

60634 (Chicago) Demographics

41
Median Age
10,615
Population Density (per sq. mile)
33%
College Educated
$72,507
Estimated Median Income
19,351
Estimated Total Home Owners
7,327
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5940 W Montrose Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5940 W Montrose Avenue Market Data

Based on the last 30 days in this zip code

$473,159
Average List Price
$281
Average Price per Square Foot
45
Properties Sold
36
Average Days on Market
125
Properties for Sale
Calculations provided by Reliance Network

5940 W Montrose Avenue History

Date Event Value Agent
9/20/2025Source: MRED Status Change
Active
9/15/2025Source: MRED Added to Database
September 15, 2025
8/11/2025Source: MRED Status Change
Active
8/6/2025Source: MRED Added to Database
August 06, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022