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5535 W Montrose Ave Chicago, IL 60641

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For Sale
$725,000

Single-story retail building with three spaces near Portage Park.

Property Features for 5535 W Montrose Ave

General Information

Standard status
Active

Building Details

Year built
1958

Source: PONTARELLI ASSOCIATES Agent JOHN PONTARELLI

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Building Near Portage Park

This single-story brick retail building is located where Portage Park and Jefferson Park meet, steps from the intersection of Montrose and Central Avenues. The property features approximately 4,500 square feet of retail space, divided into three units: 5535, 5537, and 5539. Units 5535 and 5537 are each approximately 1,000 square feet, while unit 5539 is approximately 2,500 square feet. Unit 5535 is currently vacant. Unit 5537 is occupied by a video program vendor. Unit 5539 is owner-occupied by a long-term florist. The florist space includes a showroom/display/reception area, break room/kitchenette, office space, bathroom, design/production area, and loading/delivery room with an overhead door to the alley. The property has ample off-street parking in the back and free, unrestricted public parking in the front. It features separate HVAC and electric for each unit and a new rubber roof with a transferable warranty. Neighboring retailers include Walgreens, Chase Bank, State Farm, Hagen's Fish Market, Crafty Beaver, and Dunkin. The property is two blocks from Portage Park, one mile from Community Med Center and North Shore Medical, and four blocks from Jewel and Starbucks. It is also located minutes from the Jefferson Park Blue Line and CTA transportation hub, Copernicus Center entertainment venue, I-90 expressway, and Metra Train stop. The location is convenient to dining and nightlife options and is 20 minutes from the Chicago Loop, Wrigley Field, Lake Michigan, and O'Hare International Airport.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7662453
Latitude
41.9602385

FAQs

What type of property is this?
Retail space - Single-story retail building with three spaces near Portage Park.
Where is this retail space located?
The property is located at 5535 W Montrose Ave Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: - Prime location at the intersection of Portage Park and Jefferson Park, near the high-traffic intersection of Montrose and Central Avenues.; - Includes a well-maintained, long-term florist business with all fixtures and equipment (owner retiring).; - 4,500 sqft retail building with three spaces, offering owner/user/investor flexibility.
More about this property
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