Chicago, IL 60640,5347 N Wayne AVE
See all 45 photos
Chicago, IL 60640,5347 N Wayne AVE
Chicago, IL 60640,5347 N Wayne AVE
Chicago, IL 60640,5347 N Wayne AVE
Chicago, IL 60640,5347 N Wayne AVE

$775,000

Est. payment /mo

$850,000

8.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5347 N Wayne AVE Chicago, IL 60640

5 Beds

4 Baths

3,920 Sqft Lot

SOLD DATE : 05/30/2024

Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Andersonville

MLS Listing ID 12026493

Sold Date 05/30/24

Bedrooms 5

Year Built 1904

Annual Tax Amount $1,437

Tax Year 2021

Lot Size 3,920 Sqft

Lot Dimensions 3690

Property Sub-Type Two to Four Units

Property Description

APPRAISED AT ITS CURRENT CONDITION @$950,000. Welcome to your chance to own a piece of Andersonville history! This stunning brick 2-flat, nestled in the heart of the highly sought-after Andersonville community in Chicago, has never before been on the market. Sold "AS-IS," this property presents an extraordinary opportunity for savvy investors and vintage enthusiasts alike. Featuring two expansive 7+ room vintage units, this property offers the flexibility of generating impressive rental income or the potential for luxurious duplex living. Each unit boasts charming brick decorative fireplaces, hardwood trim and floors, soaring high ceilings, and exquisite stained glass windows. Enjoy the unique character of sunrooms and enclosed rear 3-season porches, perfect for relaxing or entertaining guests. Though in need of some TLC and deferred maintenance, the possibilities are limitless for transforming this stately residence into a show-stopping masterpiece. With a long-term tenant currently on a month-to-month lease, you have the option to retain stable rental income or embark on your renovation journey immediately. Situated in the highly desirable Lakewood Balmoral Historic District. The building itself spans 3878 sq. ft. with a full basement, providing abundant potential for value-added improvements. The first-floor unit features 2 bedrooms and 1 bath, while the second-floor unit offers 3 bedrooms and 1.5 baths. Both units include separate dining rooms, kitchens with storage pantries, decks, and sunrooms within the primary suites. Additionally, the attic presents an exciting opportunity to create a stunning primary bedroom retreat with your unique vision. Conveniently located within a leisurely stroll to all that Andersonville has to offer - from charming boutiques and eclectic dining options to serene parks and lakefront recreation. Plus, enjoy easy access to top-rated schools including Peirce School of International Studies, Sacred Heart, Northside Catholic Academy, Rogers Park Montessori, and Lysee Francais. Don't miss out on this incredible opportunity to own a piece of Andersonville's vibrant history and realize your vision for a dream home or lucrative investment. Bring your contractors, unleash your creativity, and make this diamond in the rough shine! Schedule your showing today. AS-IS sale.

Location

State IL

County Cook

Area Chi - Edgewater

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment Water Heater-Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Peirce Elementary School Intl St

Middle Schools Peirce Elementary School Intl St

High Schools Senn High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Elizabeth Goodchild • Berkshire Hathaway HomeServices Starck Real Estate
Bought with John Preston • Horvath & Tremblay IL, LLC
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

GET MORE INFORMATION

Name
Phone*
Message