Properties

Address Map
US
IL
Cook
Chicago
60634
Irving Park
5848
Road
W88° 13' 35.5''
N41° 57' 11.4''
Iving Park East fo Austin, West of Central
CHI - Portage Park
CHI - Portage Park
W
W
MULTI
Additional Information
5786
: Brick
: Multi-Family
Circuit Breakers
Circuit Breakers
25 X 125
6
6
2
eXp Realty
Jaroslaw Jastrzebski
Financial
12559.79
Listing Information
89665
28116
MRED
Listing Information
Contingent
2026-09-21T21:17:03Z
2026-09-21T21:16:27Z
Property Description

EXCELLENT INVESTMENT OPPORTUNITY IN CHICAGO’S DESIRABLE PORTAGE PARK NEIGHBORHOOD! This well-maintained 6-UNIT BRICK BUILDING offers an attractive 7.48% CAP RATE and a strong combination of current income, desirable unit mix, and significant capital improvements. Built in 1964 and offering approximately 5,786 SQ FT, the property has been cared for by a LONG-TIME OWNER. The building features FIVE 2-BEDROOM / 1-BATH UNITS and ONE 1-BEDROOM / 1-BATH UNIT, with EACH UNIT FEATURING A DEDICATED DINING AREA. The property also includes 5 OFF-STREET PARKING SPACES in the rear-an important convenience for tenants and added value for an investor. Major improvements include REPLACEMENT WINDOWS, roof approximately 6 YEARS OLD ON THE EAST SIDE and 13 YEARS OLD ON THE WEST SIDE, a 6-YEAR-OLD BOILER, and 2-YEAR-OLD WATER HEATER. Interior improvements include 3 RENOVATED BATHROOMS and 1 RENOVATED KITCHEN. Located directly on IRVING PARK ROAD, residents enjoy convenient access to PUBLIC TRANSPORTATION, shopping, restaurants, neighborhood amenities, and nearby PORTAGE PARK. An attractive opportunity for an investor seeking a STABILIZED 6-UNIT PROPERTY WITH A 7.48% CAP RATE, established rental income, off-street parking, and important building improvements already completed. RARE PORTAGE PARK MULTIFAMILY INVESTMENT OPPORTUNITY!

Commercial Sale For Sale

5848 W Irving Park Road, Chicago, Illinois 60634

  • Lot Size: 0.07 Acre
$1,060,000
Listing ID#12754909
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12754909
Price : $1,060,000
Year Built : 1964
Lot Size : 0.07 Acre
Listing Status : Active Under Contract
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