# 5259 W Montrose Avenue, Chicago, IL 60634

> **TL;DR:** commercial, $937,000, built 1923. Est. $5,011/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $937,000 |
| Year Built | 1923 |
| Lot Size | 5,406 sqft (0.12 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 38 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,738 |
| Estimated Insurance | $273 |
| **Total** | **$5,011** |

## Property Highlights

- Built in 1923
- 0.12 acre lot
- 2 stories

## Description

### Agent Description
Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 8.86. Expenses total $30182. Net income $75538. Cap rate of 8%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact Norbert Mika. See broker remarks for contact information. Text or email preferred. Do not contact Matthew Mika.

## Location

- **Address:** 5259 W Montrose Avenue, Chicago, IL 60634
- **County:** Cook

## Listing Agent

- **Name:** Matthew Mika
- **Brokerage:** Compass
- **Broker Phone:** 3123191168

## Photos

![5259 W Montrose Avenue - Photo 1](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f612583610r.jpg)

![5259 W Montrose Avenue - Photo 2](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f86071594r.jpg)

![5259 W Montrose Avenue - Photo 3](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1370561535r.jpg)

![5259 W Montrose Avenue - Photo 4](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f660580687r.jpg)

![5259 W Montrose Avenue - Photo 5](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f307053793r.jpg)

![5259 W Montrose Avenue - Photo 6](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f3582075839r.jpg)

![5259 W Montrose Avenue - Photo 7](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1959160316r.jpg)

![5259 W Montrose Avenue - Photo 8](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2268270221r.jpg)

![5259 W Montrose Avenue - Photo 9](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1109073340r.jpg)

![5259 W Montrose Avenue - Photo 10](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f695225445r.jpg)

![5259 W Montrose Avenue - Photo 11](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1254653885r.jpg)

![5259 W Montrose Avenue - Photo 12](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f3515305991r.jpg)

![5259 W Montrose Avenue - Photo 13](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1363537960r.jpg)

![5259 W Montrose Avenue - Photo 14](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1516983684r.jpg)

![5259 W Montrose Avenue - Photo 15](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1175422382r.jpg)

![5259 W Montrose Avenue - Photo 16](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f3939235810r.jpg)

![5259 W Montrose Avenue - Photo 17](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1771282071r.jpg)

![5259 W Montrose Avenue - Photo 18](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f741245090r.jpg)

![5259 W Montrose Avenue - Photo 19](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2170900957r.jpg)

![5259 W Montrose Avenue - Photo 20](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2513515510r.jpg)

![5259 W Montrose Avenue - Photo 21](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1743623522r.jpg)

![5259 W Montrose Avenue - Photo 22](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f1681631779r.jpg)

![5259 W Montrose Avenue - Photo 23](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2024161937r.jpg)

![5259 W Montrose Avenue - Photo 24](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2680833382r.jpg)

![5259 W Montrose Avenue - Photo 25](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f273643224r.jpg)

![5259 W Montrose Avenue - Photo 26](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f3530383054r.jpg)

![5259 W Montrose Avenue - Photo 27](http://lh.rdcpix.com/13c6cdf85ffcbd4274467993c2e8e236l-f2565627030r.jpg)

---

**MLS#:** 12772293 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5259-w-montrose-avenue-chicago-il-60634-48cb9e3d912d493a90652710966fcbaf)

---

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