Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4901 W Irving Park Rd Chicago, IL 60641
    Property profile & analytics

    4901 W Irving Park Rd, Chicago, IL 60641

    View on Map

    • Retail space
    • 2.28 lot acres
    Retail Space for Lease For Lease
    $10 SF/Yr

    Retail Space for Lease

    Retail space available for lease in Chicago, Illinois.

    4901 W Irving Park Rd, Chicago, IL 60641
    View Listing
    Property ID
    US28-1255750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retro Fitness / Gym & Fitness Center
    • Binny's Beverage Depot - Portage Park / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Binny’s / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 4901 W Irving Park Rd

    Year built
    1975
    Lot size
    2.28 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    13-21-202-050
    APU
    1321202050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 3, 2019 — Irving Pk Prop Hldgs I LLC — Grant Deed · related $7.3M · Fairview Lns IV LLC
    Jul 25, 2017 — Irving Park Prop Holdings I Ll Irving Park Prop Holdings LLC Quit Claim Deed · related $19.5M · Citi R/e Fndg INC
    Mar 18, 2013 $2,868,000 Irving Park Properties LLC Bank Of America NA Special Warranty Deed $2.3M · Jpmorgan Chase Bank NA

    Description

    Portage Square, a two-story retail and office shopping center located at 4901 W Irving Park Rd in Chicago, IL, presents a compelling investment opportunity. This 60,448 square foot property sits on a 3-acre lot in Cook County (APN: 13-21-202-050-0000) and boasts 180 parking spaces, ensuring ample convenience for customers and employees. Built in 1957, the property offers a blend of established presence and redevelopment potential. Currently, there are multiple tenants, with a significant portion of the space available for lease. A total of 32,590 square feet is currently vacant, offering flexible options for prospective tenants. Spaces range from 4,000 to 18,000 square feet, catering to a variety of business needs. The property's prime location in Chicago's vibrant 60641 zip code ensures high visibility and accessibility. This is an exceptional chance to acquire a well-situated retail and office center with significant upside potential in a bustling Chicago neighborhood. The property's size and layout provide opportunities for both individual tenants and larger businesses seeking substantial space. The substantial vacant square footage presents a unique opportunity to customize the space to meet specific business requirements. This property is ideal for businesses seeking a strong presence in a well-established commercial area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7508
    Latitude
    41.9528
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $341,515
    $457,596
    $1,103,398
    $1,560,994
    -
    $1,830,384
    $4,413,592
    $6,243,976
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message