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Portage Park Brick Two-Flat
For Sale
$570,000

4924 W Montrose Avenue, Chicago, IL 60641

Solid brick two-flat near transportation and amenities in Portage Park.

Property SizeContact for details
Days on Market335

Property Features for 4924 W Montrose Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas
Forced Air

Building Details

Year Built 1956
Listing Agency: Fulton Grace Realty
Listed By: John Casale
Source: Kw
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 24 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace Realty

Investment Insights

Based on property information with market context.

This solid brick two-flat is located in Portage Park and presents numerous possibilities for investment or owner-occupancy. The property features an easy duplex down conversion option with stairs already in place, and it can also be converted to a single-family home. Each unit includes two bedrooms, a full bath, and ample closet space. Hardwood flooring is present under the carpet. The building is in good condition with newer windows. Separate meters and HVAC systems are installed. The property is a six-minute walk to the Mayfair Metra stop and a five-minute drive to the Jefferson Park Transit Center, offering convenient access to transportation. It also provides easy access to both I-90 and I-94. Grocery stores, Six Corners, and several parks are located nearby.

Key Highlights

  • Excellent Transportation: 6‑minute walk to Mayfair Metra, 5‑minute drive to Jefferson Park Transit Center, easy access to I‑90 and I‑94.
  • Versatile Investment Opportunity: Two‑flat with duplex‑down potential or conversion to single‑family home.
  • Separate Meters and HVAC: Tenants pay their own utilities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Acupuncture Hotel & Motel Law Firm Nursing Home Cosmetic Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,219
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Solid brick two-flat near transportation and amenities in Portage Park.
Where is this duplex located?
The property is located at 4924 W Montrose Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Excellent Transportation: 6‑minute walk to Mayfair Metra, 5‑minute drive to Jefferson Park Transit Center, easy access to I‑90 and I‑94.; Versatile Investment Opportunity: Two‑flat with duplex‑down potential or conversion to single‑family home.; Separate Meters and HVAC: Tenants pay their own utilities.
More about this property
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