Medical Office Building For
For Sale
$575,000
Pending
5510 W Montrose Avenue, Chicago, IL 60641
Well-located medical office building in Chicago's Portage Park neighborhood.
Property SizeContact for details
Days on Market110
Property Features for 5510 W Montrose Avenue
General Information
Standard status
Pending
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$22,787
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1958
Listing Agency:
COMPASS
(773) 598-7388
Listed By:
ADAM MAX · License #471022028
Source:
Corcoran
Added: Apr 22
Changed: Aug 8
Last Checked: Jul 31 at 8:26PM
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 COMPASS
Investment Insights
Based on property information with market context.
This medical office building is located in Chicago's Portage Park neighborhood. The professional space is suited for medical, dental, therapy, or general professional office use. The property features a functional layout with multiple exam rooms, private offices, a reception area, a waiting room, and administrative space. Large windows provide natural light throughout the building. It is located on Montrose Avenue with visibility and signage potential, and benefits from traffic counts and access to I-90/94, public transportation, and surrounding residential neighborhoods. Additional features include on-site parking, dedicated entrances, and flexible interior space. It is suited for owner-users looking to operate their practice or investors seeking a medical office asset in a stable Chicago submarket.
Key Highlights
- Prime location on Montrose Avenue in Chicago's Portage Park neighborhood with high visibility and strong signage potential.
- Functional layout featuring multiple exam rooms, private offices, reception, waiting, and administrative areas.
- Excellent accessibility to I‑90/94, public transportation, and surrounding residential areas.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Portage Park Animal Hospital — 5419 W Irving Park Rd, Chicago, IL 60641
- Portage Park Animal Hospital — 5419 irving park rd, chicago, il 60641
- Wallery E DVM — 5233 irving park rd, chicago, il 60641
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-located medical office building in Chicago's Portage Park neighborhood.
Where is this medical office space located?
The property is located at 5510 W Montrose Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location on Montrose Avenue in Chicago's Portage Park neighborhood with high visibility and strong signage potential.; Functional layout featuring multiple exam rooms, private offices, reception, waiting, and administrative areas.; Excellent accessibility to I‑90/94, public transportation, and surrounding residential areas.
