Retail Building Near Portage
For Sale
$725,000
5535 W Montrose Avenue, Chicago, IL 60641
Single-story retail building with three spaces near Portage Park.
Property SizeContact for details
Days on Market410
Property Features for 5535 W Montrose Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,996
Amenities
Central air
Central Air Cooling
Rubber Roof
Building Details
Year Built
1958
Listing Agency:
PONTARELLI ASSOCIATES
(773) 631-6121
Listed By:
JOHN PONTARELLI · License #471014110
Source:
Corcoran
Added: Jun 30, 2025
Changed: Aug 12
Last Checked: Aug 12 at 7:33AM
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 PONTARELLI ASSOCIATES
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 29%
Shops & Services 18%
Jewel-Osco
Groceries
36,735 visits/mo
0.5 miles
Starbucks
Dining
18,621 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,425 visits/mo
0.5 miles
Little Caesars Pizza
Dining
1,591 visits/mo
0.5 miles
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 Retail in Chicago, IL
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Frequently Asked Questions
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 Avenue 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.
