Chicago, IL 60641 5535 W Montrose Avenue
$725,000
Presented By: Pontarelli Associates
Home Details
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.
Presented By: Pontarelli Associates
Interior Features for 5535 W Montrose Avenue
Other Interior Features
FlooringConcrete, Tile
General for 5535 W Montrose Avenue
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsOn the south side of Montrose, approx 175 feet east of stoplight intersection of Montrose and Central Avenue (4400 N/5600 W).
ElectricCircuit Breakers, Separate Meters, Service - 0 to 100 Amps
Gross Income
Insurance Expense3600
Leasable Area4500
Lot Size Square Feet7500
MLS AreaCHI - Portage Park
Net Operating Income
Number Of Units Total3
PossessionClosing, Negotiable
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofRubber
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount14996
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipJefferson
UtilitiesElectricity Nearby, Natural Gas Available
Water Sewer Expense720
Year Built1958
ZoningRTAIL
Exterior for 5535 W Montrose Avenue
Building Area Total4500
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions60 X 125
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 4,500