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Three-Unit Brick Multifamily Property

5420 W Montrose Ave, Chicago, IL 60641

For Sale
New
$697,000

Hardwood flooring and a 2.5-car garage complement the three-flat layout.

Property SizeContact for details
Days on Market3

Property Features for 5420 W Montrose Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence NEEDS COSMETIC UPDATES

Site & Location

Neighborhood North Side
Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3
Tenant in Place Yes

Building Details

Year Built 1963
Buildings 1
Construction yellow brick
Listing Agency: Century 21 S.G.R., Inc
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Nov 4 Last Checked: Nov 6 at 8:40AM

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 Century 21 S.G.R., Inc

Rey
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Investment Insights

Based on property information with market context.

This legal three-flat multifamily property was built in 1963 and features yellow brick construction, hardwood floors, and a 2.5-car garage. Cosmetic updates are needed, and the garage provides additional income.

The property is at 5420 W Montrose Ave in Chicago, within walking distance of shops and transportation, with the X-way also nearby.

Key Highlights

  • Legal three‑flat configuration
  • Yellow brick construction, built in 1963
  • 2.5‑car garage with additional income

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,748
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Hardwood flooring and a 2.5-car garage complement the three-flat layout.
Where is this triplex located?
The property is located at 5420 W Montrose Ave Chicago, IL.
What is the asking price?
The asking price for this property is $697,000.
What are key features of this property?
This property features: Legal three‑flat configuration; Yellow brick construction, built in 1963; 2.5‑car garage with additional income
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