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    5858 W Irving Park Rd Chicago, IL 60634

    For Sale
    $549,000

    Retail - Chicago, IL

    Type:Retail
    Property size:
    2,800 SF
    Days on Market:
    46
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 5858 W Irving Park Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    13174230300000
    Size
    2,800 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1938
    Number of units
    3
    Architectural style
    Other

    RE/MAX Cityview (773) 631-8260 [email protected]

    Listing agent Migdalia Cajigas (773) 631-8260 License #475125060

    Listing date Oct 27, 2025

    MLS# 12480220 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portage Park Retail Investment Opportunity

    This commercial property is located on a corner lot in Portage Park, Chicago. It includes two PINs and features three leased commercial units situated along Irving Park Road. The well-maintained building has separate utilities for each unit, including individual furnaces, central air conditioning, and electrical panels. The corner unit is in excellent condition, while the other two units are in good condition. Additional storage space is available in the rear lower level of the corner unit. A private rear parking lot provides 9 parking spaces. The roof sealant has been applied every 5 years. The property benefits from high visibility, with 17,400 vehicles per day, offering strong signage exposure. The property is located in a high-traffic corridor with established businesses. Current rents are below market, with projected market rents between $1,800 to $2,300 per month. The property is suitable for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dahlia Blooms Florist Paradise Flowers & Gifts Florist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7741855
    Latitude
    41.9534038

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    FAQs

    What type of property is this?
    Retail space - Corner property with three leased units and parking in Chicago.
    Where is this retail space located?
    The property is located at 5858 W Irving Park Rd Chicago, IL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - Prime corner property features three leased commercial units on busy Irving Park Road.; - Private rear parking lot with 9 spaces.; - Each unit has separate utilities (furnace, central air, electrical panel).
    (773) 631-8260
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    5858 W Irving Park Rd Chicago, IL 60634
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    Chicago, IL 60634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5858 W Irving Park Rd Chicago, IL 60634
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