5015 W Montrose Avenue, Chicago, IL 60641

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$680,000

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Description

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)