5401 West Montrose Avenue
$399,000
5401 West Montrose Avenue, Chicago, IL 60641
7,000 sqft
Building Size
7,000 acres
Lot Area
Details:
Description:
Exceptional investment opportunity located at the signalized intersection of Montrose and Long in Chicago’s vibrant Portage Park neighborhood. This high-visibility corner property offers approximately 62 feet of frontage on Montrose Avenue with a total lot size of 7,000 SF. Zoned B3-1, this site allows for a wide range of commercial and mixed-use development possibilities. Property was a dry cleaner in the past and soil will need to be addressed before anything can be built. Contact agent for more information.
Portage Park is located on the northwest side of the City of Chicago, Illinois and is one of 77 officially designated Chicago community areas. Portage Park is bordered by the community areas of Jefferson Park and Forest Glen to the north, Dunning and the suburb of Harwood Heights to the west, Irving Park to the east and Belmont-Cragin to the south. The area is notable for its Six Corners outdoor shopping district, centered at the intersection of Irving Park Road, Cicero Avenue and the diagonal Milwaukee Avenue, the Portage Theater and for its namesake - Portage Park. The name of the park was taken from the major portage linking the Des Plaines and Chicago rivers along what is today Irving Park Road. The area was so swampy that in wet weather, Native Americans and trappers were easily able to paddle through the area in either direction without leaving their canoes. In those days, the Des Plaines was perhaps the most significant way to the Illinois, and then on to the Mississippi. Portage Park has the largest Polish community in the Chicago Metropolitan Area according to the 2000 census. Portage Park is home to the Polish American Association, the Polish Jesuit Millennium. One of the area's parks is named Chopin Park after Frédéric Chopin, Poland's most famous composer.
Location

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