Chicago, IL 60641 5510 W Montrose Avenue
$575,000



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Presented By: Compass
Home Details
Prime opportunity to acquire a well-located medical office building in Chicago's Portage Park neighborhood. This professional space is ideally suited for medical, dental, therapy, or general professional office use and offers excellent accessibility in a high-traffic corridor. The property features a functional layout with multiple exam rooms, private offices, reception area, waiting room, and administrative space, allowing for efficient patient flow and day-to-day operations. Large windows provide natural light throughout the building, creating a welcoming environment for both staff and patients. Conveniently located on Montrose Avenue with strong visibility and signage potential, the property benefits from steady traffic counts and easy access to I-90/94, public transportation, and surrounding residential neighborhoods, providing a strong and consistent patient base. Additional highlights include on-site parking, dedicated entrances, and flexible interior space that can be configured for a variety of healthcare or professional uses. Ideal for owner-users looking to operate their practice or investors seeking a medical office asset in a stable Chicago submarket.
Presented By: Compass
General for 5510 W Montrose Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseMedical/Dental
DirectionsNorth on Cicero Ave. West on Montrose.
ElectricCircuit Breakers
Gross Income
Leasable Area4000
Lease TypeNet
Lot Size Square Feet5100
MLS AreaCHI - Portage Park
Net Operating Income0
Operating Expense12000
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive Under Contract
StatusContingent
Stories Count1
Tax Annual Amount22787
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Repairs, Scavenger, Sewer
Total Actual Rent4900
TownshipJefferson
Year Built1958
ZoningOFFIC
Exterior for 5510 W Montrose Avenue
Building Area Total4000
BuyerOfficeFax(708) 460-8681
Lot Dimensions70X130
Additional Details
Price History

SQFT • 4,000