$575,000
( $143.75Per Sq Foot )
 $3,087 est/mo Sourced by Back At You

5510 W Montrose Avenue,Chicago, IL 60641

Chicago, IL 60641

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Description

Prime opportunity to acquire a well-located medical office building in Chicago's Portage Park neighborhood. This professional space is ideally suited for medical, dental, therapy, or general professional office use and offers excellent accessibility in a high-traffic corridor. The property features a functional layout with multiple exam rooms, private offices, reception area, waiting room, and administrative space, allowing for efficient patient flow and day-to-day operations. Large windows provide natural light throughout the building, creating a welcoming environment for both staff and patients. Conveniently located on Montrose Avenue with strong visibility and signage potential, the property benefits from steady traffic counts and easy access to I-90/94, public transportation, and surrounding residential neighborhoods, providing a strong and consistent patient base. Additional highlights include on-site parking, dedicated entrances, and flexible interior space that can be configured for a variety of healthcare or professional uses. Ideal for owner-users looking to operate their practice or investors seeking a medical office asset in a stable Chicago submarket.

Details

MLS #12600401
Listing TypeFor Sale
StyleOffice/tech
Sub-TypeResale
StatusActive Under Contract
Year1958
Days On Site173
Listing Provided ByCompass | Michael Max

Features

SQ Feet4,000
Story(s)1
ZoningOFFIC

Interior

CoolingCentral Air

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2023
Tax Annual Amount22787

Area Information

StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Portage Park
Listing VS Median (in 60641)
Price:
$575,000
low | high
Med:
$440,000
73.478260869565% of Average
sqft:
4,000
low | high
Med:
1,732
100% of Average
$ / sqft:
$144
low | high
Med:
$254
26.724570740034% of Average
On site:
173
low | high
Med:
82
100% of Average
Sourced by Back At You

Market Activity 60641

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Portage Park
Listing VS Median (in 60641)
Price:
$575,000
low | high
Med:
$440,000
73.478260869565% of Average
sqft:
4,000
low | high
Med:
1,732
100% of Average
$ / sqft:
$144
low | high
Med:
$254
26.724570740034% of Average
On site:
173
low | high
Med:
82
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $431K - $718K
sqft: 3,000 - 5,000
Listing Updated: September 28, 2026 at 7:03:09 PM PDT