Mixed-use property in desirable Portage Park corridor on Irving Park Rd. Features 2 spacious 3-bedroom apartments, 1 studio unit, and first-floor office space. Strong income-producing property with total monthly rents of $5,200. Excellent investment opportunity with attractive cash flow potential. First-floor office and both apartments feature central A/C; second-floor unit includes wall-unit air conditioning. Convenient location near transportation, shopping, and restaurants.
1960Year Built
3,125 sq ftLot Size
Listed by Luz Hoyos• New Century Management & Re Co
Portage Park, located between Irving Park Road and Belmont Avenue, is a residential and commercial Chicago neighborhood with a grand namesake park and a classic bungalow streetscape. The neighborhood’s character concentrates at Irving Park Road and Central Avenue, where taquerias, old-school bakeries, and corner taverns sit beside everyday storefronts. Brick Chicago bungalows and two-flats line calm blocks, while wider arterials carry steady city motion. Portage Park’s fieldhouse, pool, and broad lawns set the outdoor rhythm in warm months. Community pillars include the Patio Theater’s marquee, Community Tavern’s dining room, and the Six Corners Shops corridor’s long-running retail strip.
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. Development in B3 districts will generally be destination-oriented, with a large Percentage of customers arriving by automobile. Therefore, the supply of off-street parking will tend to be higher in B3 districts than in B1 and B2 districts. The B3 district permits residential dwelling units above the ground floor. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts. The B3 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations (see Sec. 17-3-0401).
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Mixed use
Office
Library
Post office
Veterinary clinic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60641
Average low and high temperatures (°F)
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51
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25
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Sun exposure
47/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
5.8 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5236 W Irving Park Rd
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