Date
Details
Price
Change
Source
9/23/2025
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$549,000
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Property Description
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.
Full Property Details
Full Property Details for 5858 W Irving Park Rd
General
- Price: $549,000
- Taxes: $10,814 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12480220
- Updated: 10/27/2025
- Added to Site: 117 day(s) ago
Interior
- Interior Features: Basement
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: East or West on Irving Park Road to 5858, corner of Marmora and Irving Park Road
- Location Details: Corner, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 1920
- Onsite: Electricity Available, Natural Gas Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 2,800
- Current Bldg. Use: Commercial
- Year Built: 1938
Unit Information
- # Tenants: 3
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $3,720
- Operating Expenses: $17,064
- Other Fee: $400
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1938
- Tax Amount: $10,814
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Trash: 1920
Disclosures and Reports
- Property ID: 13174230300000
Listed by Re/Max Cityview
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— 5858 W Irving Park Rd —
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Schools
Schools serving 5858 W Irving Park Rd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyser Elementary School 4310 North Melvina Avenue, Chicago, IL 60634 | K-8 | 0.6 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 2.3 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 5858 W Irving Park Rd
Tax History
Tax History for 5858 W Irving Park Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,407
3%
$25,625
—
2022
$5,271
2%
$25,625
—
2021
$5,153
-7%
$25,625
3%
2020
$5,569
-13%
$24,999
-21%
2019
$6,366
2%
$31,684
—
2018
$6,259
-25%
$31,684
-18%
2017
$8,303
7%
$38,571
—
2016
$7,725
9%
$38,571
—
2015
$7,068
-1%
$38,571
—
2014
$7,156
2%
$38,571
—
2013
$7,015
1%
$38,571
—
2012
$6,921
—
$38,571
—
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 5858 W Irving Park Rd
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- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 2,187Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 6Beds
- 2Total Baths
- 1,400Sq. Ft.
- Condo / Townhouse
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,100Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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5858 W Irving Park Road, Chicago, IL 60634 (MLS# 12480220) is a Commercial property. 5858 W Irving Park Road is currently listed for $549,000 and was received on September 23, 2025. Want to learn more about 5858 W Irving Park Road? 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.