Artur Tobolski - Chicagoland Brokers Inc Logo
$1,060,000
( $183.20Per Sq Foot )
 $5,690 est/mo Sourced by Back At You

5848 W Irving Park Road,Chicago, IL 60634

Chicago, IL 60634

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Description

EXCELLENT INVESTMENT OPPORTUNITY IN CHICAGO'S DESIRABLE PORTAGE PARK NEIGHBORHOOD! This well-maintained 6-UNIT BRICK BUILDING offers an attractive 7.48% CAP RATE and a strong combination of current income, desirable unit mix, and significant capital improvements. Built in 1964 and offering approximately 5,786 SQ FT, the property has been cared for by a LONG-TIME OWNER. The building features FIVE 2-BEDROOM / 1-BATH UNITS and ONE 1-BEDROOM / 1-BATH UNIT, with EACH UNIT FEATURING A DEDICATED DINING AREA. The property also includes 5 OFF-STREET PARKING SPACES in the rear-an important convenience for tenants and added value for an investor. Major improvements include REPLACEMENT WINDOWS, roof approximately 6 YEARS OLD ON THE EAST SIDE and 13 YEARS OLD ON THE WEST SIDE, a 6-YEAR-OLD BOILER, and 2-YEAR-OLD WATER HEATER. Interior improvements include 3 RENOVATED BATHROOMS and 1 RENOVATED KITCHEN. Located directly on IRVING PARK ROAD, residents enjoy convenient access to PUBLIC TRANSPORTATION, shopping, restaurants, neighborhood amenities, and nearby PORTAGE PARK. An attractive opportunity for an investor seeking a STABILIZED 6-UNIT PROPERTY WITH A 7.48% CAP RATE, established rental income, off-street parking, and important building improvements already completed. RARE PORTAGE PARK MULTIFAMILY INVESTMENT OPPORTUNITY!

Details

MLS #12754909
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive Under Contract
Year1964
Days On Site15
Listing Provided ByeXp Realty | Jaroslaw Jastrzebski

Features

SQ Feet5,786
Story(s)2
Units6
ZoningMULTI
Acreage0.07

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount12559.79

Area Information

StateIL
CountyCook
CityChicago
Zip Code60634
AreaCHI Portage Park
Listing VS Median (in 60634)
Price:
$1,060,000
low | high
Med:
$442,450
100% of Average
sqft:
5,786
low | high
Med:
1,517
100% of Average
$ / sqft:
$183
low | high
Med:
$298
12.435062862374% of Average
On site:
15
low | high
Med:
26
57.692307692308% of Average
Sourced by Back At You

Market Activity 60634

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Learn More About This Property

Artur Tobolski

Artur Tobolski

Chicagoland Brokers Inc

475.174013 (773) 968-1100tobart1991@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60634
AreaCHI Portage Park
Listing VS Median (in 60634)
Price:
$1,060,000
low | high
Med:
$442,450
100% of Average
sqft:
5,786
low | high
Med:
1,517
100% of Average
$ / sqft:
$183
low | high
Med:
$298
12.435062862374% of Average
On site:
15
low | high
Med:
26
57.692307692308% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $795K - $1.325M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
5955 W Irving Park Road Property Photo 1
$1,350,000
5955 W Irving Park Road
Chicago, IL 60634
Listing Updated: September 28, 2026 at 5:53:32 PM PDT

Artur Tobolski - Chicagoland Brokers Inc