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5858 W Irving Park Road

Chicago, IL 60634
  • $549,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 12480220
UPDATED: 84 min ago
$549,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1938
County:
Area:

School Ratings & Info

Description

Prime Commercial Investment Opportunity in Portage Park! Exceptional corner property featuring two PINs and three leased commercial units along busy Irving Park Road. Well-maintained building with separate utilities: each unit has its own furnace, central air conditioning, and electrical panel. Additional storage in rear lower level of corner unit. Roof sealant applied every 5 years. Private rear parking lot with 9 spaces-a rare find in this area. Corner unit is in excellent condition; the other two units are in good condition. High visibility with 17,400 vehicles per day (per IDOT), offering strong signage exposure and long-term investment appeal. Located in a high-traffic corridor with strong visibility and surrounded by established businesses, this property is ideal for investors seeking long-term upside. Current rents are below market, the projected market rents between $1,800 to $2,300 per month.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T05:48:58.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5858 W Irving Park Road Chicago, IL 60634

  • Price: $549,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 84 min ago
  • MLS #: 12480220
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1938
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Prime Commercial Investment Opportunity in Portage Park! Exceptional corner property featuring two PINs and three leased commercial units along busy Irving Park Road. Well-maintained building with separate utilities: each unit has its own furnace, central air conditioning, and electrical panel. Additional storage in rear lower level of corner unit. Roof sealant applied every 5 years. Private rear parking lot with 9 spaces-a rare find in this area. Corner unit is in excellent condition; the other two units are in good condition. High visibility with 17,400 vehicles per day (per IDOT), offering strong signage exposure and long-term investment appeal. Located in a high-traffic corridor with strong visibility and surrounded by established businesses, this property is ideal for investors seeking long-term upside. Current rents are below market, the projected market rents between $1,800 to $2,300 per month.
Exterior Features

Outdoor Parking 6-12 Spaces

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Miscellaneous Inside Basement Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 2800 Current Use Commercial Electric Circuit Breakers Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Gross Income 45000 Gross Scheduled Income 45000 Insurance Expense 3720 Leasable Area 0 Location CornerMixed Use AreaHigh Traffic Area Mls Actual Status Active Net Operating Income 27936 Number Of Tenants 3 Operating Expense 17064 Property Offered For Sale Only Property Sub Type Retail Tax Annual Amount 10814 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 3750 Township Jefferson Type Retail/Stores Utilities Electricity AvailableNatural Gas Available Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Cityview: 773-631-8260.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T05:48:58.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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