5535 W Montrose Avenue, Chicago, IL 60641 | MLS #12406714 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Pontarelli AssociatesMREDas Distributed by MLSGrid- MLS# 12406714MLS Provider

5535 W Montrose AvenueChicago, IL 60641

Commercial · 4,500 Sq. ft.
$725,000 Active

5535 W Montrose Avenue Overview

Time on Site:
364 days
Visits:
2

Owner/User/Investor opportunity, right where Portage Park and Jefferson Park meet!! Be seen by over 20,000 vehicles per day! Clean single story brick retail building just steps from the heavily trafficked stoplight intersection of Montrose & Central Avenues! Property features 4500+/- square feet of retail, containing 3 spaces: 5535, 5537 & 5539. 5535 and 5537 are approx 1,000 sqft, and 5539 approx 2,500 sqft. 5535 is vacant, 5537 is occupied by a video program vendor/tenant, and 5539 is owner occupied by a long-term well known neighborhood florist! Very well maintained throughout. Florist space offers showroom/display/reception area in front, break room/kitchenette, office space, bathroom, spacious design/production area, and loading/delivery room in back with overhead door at alley. Ample off street parking in back, and free, unrestricted public parking in front. Separate HVAC & electric for all/brand new rubber roof with transferable warranty. Dynamite business location! Join neighboring retailers Walgreens, Chase Bank, State Farm, Hagen's Fish Market, Crafty Beaver, Dunkin, 2 blocks to famous Portage Park. Community Med Center and North Shore Medical 1 mi south. Jewel & Starbucks 4 blks north. Minutes away from Jefferson Park major Blue Line & CTA transportation hub, Copernicus Center entertainment, I-90xway, and Metra Train stop. Convenient to tons of dining & nightlife options! 20 minutes to Chicago Loop, Wrigley Field, Lake Michigan, O'Hare International Airport, and all north/northwest suburbs. NOTE:Owner retiring. Real estate and all fixtures and equipment needed to operate a floral shop (to be spelled out by seller) included.

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5535 W Montrose Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,500
  • Price/Sq.ft. $161

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 0
  • Insurance Expense: 3600
  • Net Operating Income: 0
  • Water Sewer Expense: 720

Building Information

  • Year Built: 1958

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park
  • Township: Jefferson

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $14,996.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13163000380000
  • Property Sub Type: Neighborhood Storefront
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 4500

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Flooring: Concrete, Tile
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 4500
  • Stories: 1

Unit Information

  • Unit SqFt.: 4500

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 60 X 125
  • Lot Size Square Feet: 7500
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 3
  • Utilities: Electricity Nearby,Natural Gas Available

5535 W Montrose Avenue Neighborhood

Community

60641 (CHICAGO) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5535 W Montrose Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5535 W Montrose Avenue Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

5535 W Montrose Avenue History

Date Event Value Agent
10/25/2025Source: MRED Status Change
Active
10/20/2025Source: MRED Status Change
Re-activated
7/31/2025Source: MRED Status Change
Active
6/30/2025Source: MRED Added to Database
June 30, 2025