5858 W Irving Park Road, Chicago, IL 60641 — Sale in Chicago, IL

  • Price: $549K
  • Listing type: For sale
  • Asset type: Business
  • Location: Chicago, IL 60634
  • Size: 2,800 SF

Investment Figures

Price per square foot
$196

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

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.

Market Context

This mixed use in Chicago, IL is listed for sale at $549,000 across 2,800 SF. It has been on the market for 73 days. Compare it against other mixed use listings for sale in Chicago, IL — view the full market.

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