View All Portage Park Chicago IL Mixed Use Homes Listings

5254-58 W Irving Park Rd is well located, value-add mixed-use building in Portage Park. The property features (7) total apartments and (2) commercial spaces with full basements. The apartments feature (4) 1br/1ba apartments on the Lockwood side, and then on Irving Park above the commercial, there are (2) 1br/1ba & (1) 2br/1ba apartments. The apartments are heated by a boiler with window AC units. The unit interiors are well kept, but primarily vintage with some Chicago charm. This boasts an excellent opportunity for new ownership to capitalize on increased rents throughout the market through cosmetic improvements. The commercial spaces are occupied by Saravale Meat Market & a local attorney office. Saravale has been in this location for over 25 years. The property has a new tear off roof that was completed within the last two years. Lastly, 5254-58 W Irving Park Rd benefits from a reduced assessed value through the AHSAP, providing a lower assessed value. 2 units must remain affordable at 60% of AMI and filed as such yearly to continue to the program. This is an excellent opportunity on a corner lot in an appreciating market. Your clients will not be disappointed they purchased this asset.

5256 W Irving Park Road, Chicago

$579,000

12752393 MLS ⋅ ACTIVE Status

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.

5236 W Irving Park Road, Chicago

$500,000

12550647 MLS ⋅ PENDING Status

Updated mixed-use property featuring a retail unit on the main level and a residential unit above. The upper unit offers 3 bedrooms and 2 bathrooms and is currently rented at 2250. The entire building was updated in 2025. Property offers flexible use for owner-occupants or investors.

5709 W Irving Park Road, Chicago

$595,000

12559267 MLS ⋅ CLOSED Status

Mixed-use investment opportunity in Portage Park. Masonry brick 5-unit building consisting of four residential apartment units and one street-level retail unit. Residential unit mix includes two 4-bedroom units, one 3-bedroom unit, and one 2-bedroom unit. The retail space is approximately 450 SF. The property features central gas forced-air heating, central A/C, separate electric panels, tenant-paid gas and electric, owner-paid water, and building-owned common-area laundry. Zoned B3-1 and situated on a corner lot. Brick construction with pitched roof. Strong value-add potential. Sold as-is.

5555 W Newport Avenue, Chicago

$700,000

12528992 MLS ⋅ CLOSED Status

Exceptional Mixed-Use Investment Opportunity in Prime Portage Park Discover an unparalleled investment at 5744 W. Irving Park Road-an impressive 13,000 sq. ft. mixed-use brick building strategically positioned on one of the highest-visibility corridors in Portage Park. Fully leased with strong, long-term tenants, this property offers immediate income security and a powerful "buy and hold" opportunity in a thriving Chicago neighborhood. The building features three renovated floors, including an expansive 4,000 sq. ft. top-level commercial space enhanced with a private outdoor area and rooftop patio-perfect for a signature business setting. Recent improvements include modern renovations throughout, updated paint, and a brand-new intercom system, ensuring a polished, turn-key experience for all occupants. Additional highlights include: * Private elevator serving all levels * Seven dedicated parking spaces in rear + front parking * Exceptional street exposure with robust foot + vehicle traffic * Brick construction showcasing durability and timeless appeal * Surrounded by major retailers, transportation, and residential density Whether you're expanding a portfolio or securing a flagship business environment, this rare investment combines high visibility, reliable cash flow, and premium upgrades in one of Chicago's most dynamic communities. Fully occupied | Strong income | Excellent long-term upside Don't miss your opportunity to own one of Portage Park's standout commercial assets.

5744 W Irving Park Road, Chicago

$540,000

12163813 MLS ⋅ CLOSED Status

Introducing 5920-22 W Irving Park Rd, Chicago, IL 60634, a unique commercial opportunity in the heart of Chicago's bustling Irving Park neighborhood. This versatile property, formerly a liquor store and adjoining laundromat and dry cleaner, offers endless possibilities for your next business venture. The previous liquor store has a large fixed walk-in cooler and 2 walk-in freezers and a restaurant hood. The laundromat/dry cleaners has many of the built-in items and pre-plumbing. Situated on a prominent corner lot with high visibility and traffic, this 7300 sq ft space is perfect for a variety of retail or service-oriented businesses. The property is currently vacant, providing a blank canvas for you to customize and transform into your dream establishment. With large natural gas, electrical heavy power and large water supply the space could be used a grocer, laundromat, dry-cleaner or as a multiple Ghost-kitchen, bakery, or restaurant. There are also plans for a mixed-use new construction with 1 commercial space and 8-units available and can be shared by request. The former liquor store area features an open floor plan, allowing for easy adaptation to suit your specific needs. Large storefront windows provide ample natural light and excellent visibility for your business. The adjoining laundromat and dry cleaner space offers additional square footage, ideal for expanding your business or leasing out to generate additional income. Located in a densely populated area with a strong mix of residential and commercial properties, this property benefits from a steady flow of foot traffic and a hard corner with lots of street parking. The surrounding neighborhood is home to a diverse array of shops, restaurants including Giordano's Pizza, and services, ensuring a vibrant and thriving community. With convenient access to public transportation, including the CTA Blue Line and multiple bus routes, this property is easily accessible for both customers and employees. Additionally, the property is just a short drive from the Kennedy Expressway (I-90), providing quick and easy access to downtown Chicago and the surrounding suburbs. Best for last, there is a $150k SBIF Grant available now. Don't miss this exceptional opportunity that now may be eligible for for a TIF Grant from the City of Chicago due to it being in the TIF Corridor.

5920 W Irving Park Road, Chicago

$540,000

12163805 MLS ⋅ CLOSED Status

Discover the potential of 5920-22 W Irving Park Rd, Chicago, IL 60634. Nestled in the dynamic Irving Park neighborhood, this former liquor store and adjoining laundromat offers a rare chance to shape a commercial haven in Chicago. Spanning 7,300 sq ft building on a highly visible corner lot, it's an ideal setting fora mixed-use multi-family or stand alone restaurant, retail or service-based ventures. Currently heavy power, water and gas already to the site. Additionally, sample plans and elevations are available for an exciting mixed-use development, encompassing one commercial space and eight residential units, promising a blend of functionality and style. Strategically located amidst a dense mix of residential and commercial properties, the site benefits from constant foot traffic and ample street parking. The vicinity boasts a rich assortment of dining, shopping, and service outlets, including the renowned Giordano's Pizza, fostering a vibrant community atmosphere. Ease of access is guaranteed with proximity to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway (I-90), simplifying commutes for customers and staff. Plus, with a $150k SBIF Grant currently available and potential eligibility for a TIF Grant from the City of Chicago, thanks to its location within the TIF Corridor, seizing this exceptional opportunity has never been more attractive. Build your multi-unit building now.

5920 W Irving Park Road, Chicago

$495,000

12096522 MLS ⋅ CLOSED Status

Excellent opportunity to own and rehab/redevelop a mixed-use property in the Six Corners area, one of the fastest-growing neighborhoods of Chicago! FHA 203(k) offers welcome! This property has two large residential units and one good-sized commercial unit. One of the residential units was most recently used as an office. The ground-floor commercial unit is vacant, last used as an insurance office. B3-1 zoning allows for many uses for the units. The upper residential unit has two baths, the lower 1-1/2 in the current configuration. The commercial unit has a private toilet and separate entrance. The property has a fiber optic connection and a security system installed. A full, unfinished basement with a high ceiling and two exits awaits your ideas. Backyard is currently ashphalted for six parking spaces. Location is near I-90 and I-94. This property may qualify for TSL certification, also for an ADU.

4108 N Cicero Avenue, Chicago

$450,000

12094073 MLS ⋅ CLOSED Status

Welcome to 4254 N Milwaukee Ave, where opportunity awaits. Discover the allure of this versatile mixed-use space, boasting a vibrant commercial area on the ground floor and a cozy apartment unit above, perfectly blending convenience and comfort. But that's not all! With six exterior parking spaces, parking headaches are a thing of the past. Plus, financial details are at your fingertips upon request, ensuring transparency and ease in decision-making. Ready to explore your next venture? This exceptional listing is ready and waiting, beckoning you to schedule a showing and unlock its full potential. Reach out today for more details and take the first step toward realizing your vision!

4254 N Milwaukee Avenue, Chicago

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