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Neil Hackler

[email protected] +1(773) 677-3479

$ 337,900

Est. payment -/mo

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Active Under Contract

5005 W Chicago AVE Chicago, IL 60651

5 Beds

3 Baths

UPDATED:

02/24/2025 10:35 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12283896

Bedrooms 5

Year Built 1898

Tax Year 2023

Lot Dimensions 25 X 126

Property Sub-Type Two to Four Units

Property Description

This spacious 2-unit property has undergone major updates, including a brand-new tear-off roof, siding, water heaters, plumbing, and furnaces. With only cosmetic finishes and appliances left to add, you can easily enhance its value and build instant equity. The main-level unit offers 3 bedrooms, a generous living room, a separate dining room, and a sizable kitchen, while the upper unit features 2 bedrooms, a large walk-in closet, and ample storage. Live in one unit and rent out the other-plus take advantage of the basement, which includes 2 additional bedrooms and a full bathroom, for even more income potential. Owner-occupants may qualify for a $20,000 forgivable grant, requiring just $1,000 to close, with opportunities to stack additional grants through your preferred lender. Some areas may need final touches, making this a perfect option for buyers looking to customize and maximize value.

Location

State IL

County Cook

Area Chi - Austin

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Nash Elementary School

Middle Schools Nash Elementary School

High Schools Marshall Metropolitan High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Sebastian Hernandez • Dream Town Real Estate

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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