This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
$575,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
Property Description
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.
Full Property Details
Full Property Details for 5510 W Montrose Ave
General
- Price: $575,000
- Taxes: $22,787 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12600401
- Updated: 4/22/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: North on Cicero Ave. West on Montrose.
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 4,000
- Current Bldg. Use: Medical/Dental
- Year Built: 1958
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,100
- Lot Dimensions: 70 x 130
- Zoning: OFFIC
Financial Considerations
- Lease Price: $4,900
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $12,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1958
- Tax Amount: $22,787
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Property ID: 13161270340000
Listed by Compass
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 5510 W Montrose Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Portage Park Elementary School 5330 West Berteau Avenue, Chicago, IL 60641 | PK-8 | 0.3 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5510 W Montrose Ave
Date
Details
Price
Change
Source
4/22/2026
Listed
$575,000
45.57%
MLS
4/26/2015
Sold
$395,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5510 W Montrose Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,787
3%
$108,000
—
2022
$22,214
2%
$108,000
—
2021
$21,718
-30%
$108,000
-23%
2020
$31,187
11%
$139,999
—
2019
$28,128
2%
$140,000
—
2018
$27,655
25%
$139,999
36%
2017
$22,203
234%
$103,141
211%
2016
$6,644
-66%
$33,172
-69%
2015
$19,571
218%
$106,801
222%
2014
$6,155
2%
$33,172
—
2013
$6,033
1%
$33,172
—
2012
$5,953
—
$33,172
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5510 W Montrose Ave
5510 W Montrose Avenue, Chicago, IL 60641 (MLS# 12600401) is a Commercial property. 5510 W Montrose Avenue is currently listed for $575,000 and was received on April 22, 2026. Want to learn more about 5510 W Montrose Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

