5015 W Montrose Avenue, Chicago, IL 60641

$680,000
  • 5015 W Montrose Avenue, Chicago, IL 60641 Main Photo

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New to the Market New
BEDS7 BATHS3 full MLS#12799985
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Fantastic investment or owner-occupant opportunity in Chicago's Portage Park neighborhood! This solid brick two-flat offers two spacious 3-bedroom units plus a separate lower-level in-law arrangement, providing flexibility for investors and buyers looking for rental income while occupying. The first-floor unit features beautiful hardwood flooring, a stainless steel refrigerator, and a new stove. Upstairs, the second-floor unit offers luxury vinyl plank flooring throughout the living and dining rooms. Both units feature fully enclosed rear porches, adding valuable additional space. The lower level includes a vacant in-law arrangement, offering additional living space and flexibility for the next owner. Shared laundry is conveniently located in the basement. Additional highlights include a fenced backyard, two-car garage, and newer roofing over the garage and front porch, both replaced in 2025. Both the first and second floors are currently tenant-occupied, making this an attractive opportunity for investors seeking existing rental income. Owner-occupants can also explore the possibility of living in one unit while collecting rent from the others.*Location is another major advantage! Conveniently situated near Jefferson Park, Portage Park, and Old Irving Park, with easy access to shopping, restaurants, neighborhood parks, public transportation, and major expressways. Whether you're looking to expand your investment portfolio or make your first move into multifamily ownership, this property offers plenty of possibilities! Garage Roof and Porch Roof(2025)

5015 W Montrose Avenue | MLS# 12799985

This multi-family property located at 5015 W Montrose Avenue, Chicago, IL 60641 is currently listed for sale with an asking price of $680,000. W Montrose Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Partially Finished, Exterior Entry, Rec/Family Area, Sleeping Area, Full
Garage: 2
Heating: Gas, Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Flat
Taxes: $11,009
Year Built: 1913

Feature Descriptions

Exterior: Brick
Lot Dimensions: 35X125
Other Equipment: CO Detectors, Ceiling Fan(s)
Parcel#: 13164010100000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Off Street, Storage, Owned, Garage
Sewer: Public Sewer
Total Rooms: 15
Township: Jefferson
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Keller Williams Infinity
Agency Phone: 630-778-5800

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 4,204.52 per month $3,088.77 Principal & Interest $917.42 Property Tax $198.33 Homeowner's Insurance

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