5801 W Montrose Ave
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5801 W Montrose Ave
3,000 SF Retail Building Chicago, IL 60634 £548,232 (£183/SF)
Investment Highlights
- 6 doors and 3 lifts
- Zoning is friendly to redevelopment and so is the Alderman
- 10,000 sq/ft corner lot
Executive Summary
This expansive oversized two-lot property on bustling Montrose Avenue with 22,000 cars driving by per day offers unparalleled potential for entrepreneurs and developers. Zoned for a variety of commercial uses, including auto shops, washes and more. The six-bay shop has high ceilings, office space, bathroom, retail in front and a waiting area. Benefit from an existing customer base and a prime location in Portage Park on a busy corner off Montrose. Ample street parking and flexible zoning make this property an exceptional opportunity. We have a clean Phase 1 and survey from 2014 when the seller purchased the property.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,000 SF
Year Built
1930
Price
£548,232
Price Per SF
£183
Tenancy
Single
Number of Floors
1
Building FAR
0.30
Lot Size
0.23 AC
Zoning
B3-1 - B1-3 zoning allows for apartments above ground floor
Frontage
74 ft on Montrose Ave.
Amenities
- Bus Route
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 13-17-403-009-0000 | Improvements Assessment | £31,430 |
Land Assessment | £36,717 | Total Assessment | £68,147 |
PROPERTY TAXES
Parcel Number
13-17-403-009-0000
Land Assessment
£36,717
Improvements Assessment
£31,430
Total Assessment
£68,147
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5801 W Montrose Ave
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