5858 W Irving Park Road Chicago, IL 60634
$549,000
Active / MLS# 12480220 / Commercial - Retail / Chicago
0
Beds
2800
SqFt
Prime Commercial Investment Opportunity in Portage Park! Exceptional corner property featuring two PINs and three leased commercial units along busy Irving Park Road. Well-maintained building with separate utilities: each unit has its own furnace, central air conditioning, and electrical panel. Additional storage in rear lower level of corner unit. Roof sealant applied every 5 years. Private rear parking lot with 9 spaces-a rare find in this area. Corner unit is in excellent condition; the other two units are in good condition. High visibility with 17,400 vehicles per day (per IDOT), offering strong signage exposure and long-term investment appeal. Located in a high-traffic corridor with strong visibility and surrounded by established businesses, this property is ideal for investors seeking long-term upside. Current rents are below market, the projected market rents between $1,800 to $2,300 per month.
Baird & Warner
Property Details
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $10,814
Year Built: 1938
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
HVAC: Forced Air, Gas
Location: Corner, Mixed Use Area, High Traffic Area
Lot Dimensions: 50 x 125
Miscellaneous Indoor: Basement
Number of Tenant(s): 3
Parcel#: 13174230300000
Parking: 6-12 Spaces
Tenant Pays: Electricity, Heat
Units: 3
Utilities: Electricity Available, Natural Gas Available
Location
See details and scored characteristics about this location.
Listing Office: Re/Max Cityview
Listing Office Phone: 773-631-8260
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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