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$725,000
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Property Description
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.
Full Property Details
Full Property Details for 5535 W Montrose Ave
General
- Price: $725,000
- Taxes: $14,996 (2023)
- Status: Active
- Type: Store
- Source: MRED
- MLS ID: 12406714
- Updated: 2/17/2026
- Added to Site: 237 day(s) ago
Interior
- Interior Features: Multi-Tenant, Overhead Door(s), Private Restroom(s)
- Flooring: Concrete, Tile
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: On the south side of Montrose, approx 175 feet east of stoplight intersection of Montrose and Central Avenue (4400 N/5600 W).
- Location Details: Central Business District, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Individual Furnaces
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Drive-In Doors: 1
- Sub-Flooring: Concrete, Tile
- Stories/Levels: 1
- Square Feet: 4,500
- Current Bldg. Use: Commercial
- Year Built: 1958
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Lot Dimensions: 60 x 125
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $3,600
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1958
- Tax Amount: $14,996
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 13163000380000
Listed by Pontarelli Associates
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Schools
Schools serving 5535 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5535 W Montrose Ave
Date
Details
Price
Change
Source
6/29/2025
Listed
$725,000
383.33%
MLS
6/11/2013
Sold
$150,000
—
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 5535 W Montrose Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,996
3%
$71,075
—
2022
$14,619
2%
$71,075
—
2021
$14,293
-36%
$71,075
-29%
2020
$22,355
11%
$100,350
—
2019
$20,162
2%
$100,350
—
2018
$19,823
8%
$100,350
18%
2017
$18,309
-7%
$85,050
-13%
2016
$19,679
9%
$98,251
—
2015
$18,004
43%
$98,251
45%
2014
$12,577
-41%
$67,787
-42%
2013
$21,293
1%
$117,075
—
2012
$21,009
—
$117,075
—
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 5535 W Montrose Ave
5535 W Montrose Avenue, Chicago, IL 60641 (MLS# 12406714) is a Store property. 5535 W Montrose Avenue is currently listed for $725,000 and was received on June 29, 2025. Want to learn more about 5535 W Montrose Avenue? Do you have questions about finding other Store 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.

