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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Giordano's
Xsport Fitness
BMO
Chase Bank
Huntington National Bank
Jewel-Osco
Starbucks
WW (Weight Watchers)
Crossfit
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-17-403-009-0000
Land Assessment
£36,717
Improvements Assessment
£31,430
Total Assessment
£68,147
  • Listing ID: 27652169

  • Date on Market: 01/02/2023

  • Last Updated:

  • Address: 5801 W Montrose Ave, Chicago, IL 60634

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