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Mixed-Use Land for Sale in Chicago, Illinois

5401 W Montrose Ave, Chicago, IL 60641

$374,900
Active sale
$24.1k drop
Est $3,455/mo

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.

Location

Street address
5401 W Montrose Ave
Community
CHI - Portage Park
Elevation
615 feet
Coordinates
41.9602, -87.7625

Directions

Milwaukee west to property on southwest corner of Montrose and Long.

Property details

MLS #
MRED 12438115
Posted

Property taxes

2023
$11,136

Parcels

  • 13163010180000

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Property utilities

CategoryTypeStatus
GasNatural GasAvailable

Listing history

DateEventPriceChangeSource
Apr 2, 2026Price drop$374,900$24,100 -6%MRED
Aug 5, 2025New listing$399,000MRED
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This property is located at 5401 W Montrose Ave in Chicago, IL 60641. The property is available for sale for $374,900.

Checked 2 hours ago — Updated

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