5535 W Montrose Avenue
Chicago, IL 60641

Tools & Resources:

Description

Owner/User/Investor opportunity, right where Portage Park and Jefferson Park meet!! 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.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60641
• Year Built: 1958
• Sq.Ft.: 4,500 sq ft
• Stories: 1
• Units: 3 units
• Zoning: RTAIL
• # Of Drive In Doors: 1
• # Of Tenants: 3
• Building Area Total: 4500
• Construction Materials: Brick
• Cooling: Central Air
• Directions: On the south side of Montrose, approx 175 feet east of stoplight intersection of Montrose and Central Avenue (4400 N/5600 W).
• Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
• Expense Year: 2025
• Fire Protection: Smoke or Fire Protectors
• Flooring: Concrete, Tile
• Foundation Details: Concrete Perimeter
• Gross Rentable Area: 4500
• Heat/Ventilation: Forced Air, Gas, Individual Furnaces
• Indoor Parking: 1-5 Spaces
• Information: Short Notice OK
• Insurance Expense: 3600
• Insurance Expense Source: Actual
• Investment (Y/N): Yes
• Known Encumbrances: None Known
• Leasable Area: 4500
• Leasable Area Units: Square Feet
• Location: Central Business District, Mixed Use Area
• Lot Size Source: Appraiser
• Lot Size Square Feet: 7500
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1000
• Misc Inside: Multi-Tenant, Overhead Door/s, Private Restroom/s
• Outdoor Parking: 6-12 Spaces
• Property Offered: For Sale Only
• Property Sub Type: Neighborhood Storefront
• Roof: Rubber
• Roof Structure: Flat
• Tax Annual Amount: 14996
• Tax Year: 2023
• Tenant Pays: Air Conditioning, Electricity, Heat
• Township: Jefferson
• Utilities: Electricity Nearby, Natural Gas Available
• Water Expense Source: Actual
• Water Sewer Expense: 720
• Water Source: Municipal Water