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5401-5405 Montrose - 5401-5405 W Montrose 0.16 Acres of Residential Land Offered at $399,000 in Chicago, IL 60641

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $399,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 0.16 AC
Cross Streets Long Ave
Zoning B3 - Please refer the following dropbox file. https://www.dropbox.com/s/43qpm0fjkydexzu/Zoning.pdf?dl=0

1 LOT AVAILABLE

Lot

Price $399,000
Price Per AC $2,482,918.27
Lot Size 0.16 AC
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-16-301-017-0000
  • 13-16-301-018-0000
Land Assessment
$19,688
Improvements Assessment
$0
Total Assessment
$19,688
  • Listing ID: 37123358

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 5401-5405 Montrose, Chicago, IL 60641

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