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5856-5858 W Irving Park Rd
Chicago, IL 60634
Retail Property For Sale
Investment Highlights
- Corner Property! Building Interior 2800 Square Feet plus Small Storage in Basement under corner office. Nine Parking Spaces behind property!
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,454 SF
Building Class
C
Year Built
1938
Price
$758,910 CAD
Price Per SF
$309.25 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.83
Lot Size
0.07 AC
Zoning
B3-1
Parking
9 Spaces
Amenities
- Corner Lot
- Fenced Lot
- Tenant Controlled HVAC
- Storage Space
Property Taxes
| Parcel Number | 13-17-423-030-0000 | Improvements Assessment | $32,400 CAD |
| Land Assessment | $32,400 CAD | Total Assessment | $64,799 CAD |
Property Taxes
Parcel Number
13-17-423-030-0000
Land Assessment
$32,400 CAD
Improvements Assessment
$32,400 CAD
Total Assessment
$64,799 CAD
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