5259 W Montrose AVE, Chicago, IL 60634
5259 W Montrose AVE, Chicago, IL 60634
5259 W Montrose AVE, Chicago, IL 60634
5259 W Montrose AVE, Chicago, IL 60634
5259 W Montrose AVE, Chicago, IL 60634
5259 W Montrose AVE, Chicago, IL 60634
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 937,000
Est. payment | /mo
Save
$ 937,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12772293

Year Built 1923

Annual Tax Amount $14,536

Tax Year 2025

Lot Dimensions 43 X 125

Property Sub-Type Mixed Use

Property 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.

Location

State IL

County Cook

Area Chi - Portage Park

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Roof Type Reflective Coating,Tar/Gravel

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Matthew Mika of  Compass 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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5259 W Montrose AVE

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