5015 W Montrose Avenue, Chicago IL 60641
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)
Features & Information
Key Details
- List Price $680,000
- Property Taxes $11,010
- Year Built 1913
- Status New
- List Market Time 2
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Dishwasher, Microwave
- Rent $1,975/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 11/26
-
Unit 2
- Floor 2
- Rooms 7
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $2,000/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 09/27
Exterior Features
-
Parking
- # of Cars: 4
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property N. Lavergne Ave. To Montrose Ave. To Property.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 11009.51
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 13164010100000
Listed by Jeremy Stallone for Keller Williams Infinity | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/11/2026 8:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Portage Park
Portage Park is a peaceful and spacious northwest side Chicago neighborhood with an active business district, a number of good schools and affordable property that is steadily growing in popularity and homebuyer interest. The Six Corners intersection is the area's main commercial hotspot, but the entire neighborhood is infused with a wealth of little shops and specialty stores. There is no better way to experience what Portage Park has to offer than to sample the vast roster of restaurants, bar & grills, pizzerias, bakeries and delis. And you don't want to discount the neighborhood's notable network of parkland, headed up by the spacious grounds and Olympic-size swimming pool of the community's coveted namesake Portage Park.
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