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$849,900

  • For Sale
  • Active
  • Commercial
  • 4,000 Sq. Ft.
See This Home
Save This Home
See This Home
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Outstanding opportunity to own a well-maintained mixed-use building in the Portage Park. This property includes two PINs (5938-5940) and offers incredible flexibility for both investors and owner users. The main level features 3,000 sq ft of open commercial space with high ceilings and exposed brick. Large employee kitchen, 4 bathrooms, ample storage and private parking. This property is perfect for a variety of business types, including retail, professional or medical offices, personal services, restaurant/cafes, fitness studios and more. Above commerical space is a beautifully renovated (2024) 1,000 sq ft. apartment (2 beds, 1 bath) with new kitchen and appliances, hardwood floors, new furnace, new water heater, central air and new electrical service. This residential unit is ideal for additional income or live/work use. Tenant occupied. Other upgrades include a full tear-off and new decking on the upper roof (2023), Lower roof approx 10 yrs old, parking lot sealed (2021). Property is in great condition. Sold AS-IS. Schedule your tour today!

Full Property Details for 5940 W Montrose Ave

General

  • Price: $849,900
  • Taxes: $8,436 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12471713
  • Updated: 12/25/2025
  • Added to Site: 125 day(s) ago

Interior

  • Interior Features: Passenger Elevator(s), Accessible Washroom/s, Public Restroom(s)
  • Flooring: Concrete

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: CHI - Portage Park
  • County: Cook
  • Township: Jefferson
  • Driving Directions: Montrose (4400 North ) to 5940
  • Location Details: Chicago Northwest, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat, Forced Air

Structural Information

  • Construction: Brick, Aluminum Siding
  • Exterior Const.: Brick, Aluminum Siding
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Concrete
  • Stories/Levels: 2
  • Square Feet: 4,000
  • Year Built: 1957
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1
  • # Dryers: 1

Lot Features

  • Lot Size (Sq. Ft.): 6,250
  • Lot Dimensions: 50 x 125
  • Potential Use: Office, Retail
  • Zoning: RTAIL

Financial Considerations

  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 1957
  • Tax Amount: $8,436.44
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 13172250380000

Listed by Nelly Corp Realty

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— 5940 W Montrose Ave —

  • Nelly Corp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5940 W Montrose Ave

School District:Chicago Public School District 299
NameGradesDistance
Prussing Elementary School
4650 North Menard Avenue, Chicago, IL 60630
PK-80.4 mi
Taft High School
6530 West Bryn Mawr Avenue, Chicago, IL 60631
9-121.8 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 5940 W Montrose Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2025
Listed
$849,900
372.17%
MLS
6/27/2016
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
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 for 5940 W Montrose Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,633
3%
$36,178
—
2022
$7,441
2%
$36,178
—
2021
$7,275
21%
$36,178
34%
2020
$5,996
41%
$26,916
27%
2019
$4,264
2%
$21,223
—
2018
$4,192
-51%
$21,221
-46%
2017
$8,505
7%
$39,508
—
2016
$7,913
9%
$39,508
—
2015
$7,240
32%
$39,508
34%
2014
$5,469
2%
$29,479
—
2013
$5,361
1%
$29,479
—
2012
$5,290
—
$29,479
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Nelly Corp Realty

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5940 W Montrose Avenue, Chicago, IL 60634 (MLS# 12471713) is a Commercial property. 5940 W Montrose Avenue is currently listed for $849,900 and was received on September 15, 2025. Want to learn more about 5940 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.

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