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0 Beds
5,786 sqft

$1,060,000

5848 W Irving Park Road, Chicago IL, 60634

Price per sqft$183.20
Built in1964
Property size5,786 sqft
Property typeMulti-family
Listed by Jaroslaw Jastrzebski with eXp Realty 312-487-3366

Overview

Under contract

Contingent

Listed Sep 15, 2026

Updated 5 days ago

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!

$7,052/mo

Est. mortgage payment based on a $1,060,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$12,560
Tax Frequency
Annually
MLS provider logo

Listed by Jaroslaw Jastrzebski with eXp Realty 312-487-3366

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Shrake Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:09 AM UTC on 9/27/2026. 

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