$680,000
5015 W Montrose Avenue
Chicago, IL, 60641
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)
Property Details
Price:
$680,000
MLS #:
MRD12799985
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chiportagepark
Listed Date:
Nov 8, 2026
Year Built:
1913
Schools
School District:
299
Interior
Heating
Gas, Forced Air
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Off Street, Storage, Owned, Garage
Parking Spots
4
Parking Total
4
Roof
Asphalt, Flat
Financial
Tax Year
2025
Taxes
$11,010
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Nov 14, 2026
1,381
Multi Family Listed
77
Avg DOM
$525,296
Avg List Price
Community
- Address5015 W Montrose Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60641
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Property Summary
- 5015 W Montrose Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60641. It is listed for $680,000 To schedule a showing of MLS#mrd12799985 at 5015 W Montrose Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.

Copyright 2026. All rights reserved.
5015 W Montrose Avenue
Chicago, IL





