3621 W 5th Avenue
Chicago, IL, 60624
$250,000
Beds
0 Baths
0 SqFt
0 Acres
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$250,000
3621 W 5th Avenue
Chicago, IL, 60624
MLS #MRD12536055 image #0MLS #MRD12536055 image #1MLS #MRD12536055 image #2MLS #MRD12536055 image #3
Good investment opportunity featuring a classic Chicago 2-flat that has been fully gutted in April 2025, creating a blank canvas for redevelopment. The property is being sold as-is and is construction-ready, with major structural and exterior work already completed. Significant improvements include a brand-new rubber roof with 2-inch insulation (2025), all new brickwork completed in 2025 (interior and exterior), a new porch, all new windows, and new subfloor throughout. The building is currently ready for framing, allowing a new owner to move directly into the next phase of construction. The sale includes blueprints proposing a 9-bedroom, 4-bathroom layout, offering strong future income potential upon completion. An ideal opportunity for investors or developers looking to add value by completing the build-out on a well-located, classic Chicago 2-flat with substantial upfront work already done.

Property Details

Price:
$250,000
MLS #:
MRD12536055
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Neighborhood:
chieastgarfieldpark
Listed Date:
Feb 4, 2026
Year Built:
1893
Chi – East Garfield ParkChieastgarfieldpark

Schools

School District:
299

Interior

Heating
None

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
2
Roof
Rubber

Financial

Tax Year
2024
Taxes
$4,451
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Feb 10, 2026
1,165
Multi Family Listed
93
Avg DOM
$465,532
Avg List Price

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Property Summary

    3621 W 5th Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60624. It is listed for $250,000 To schedule a showing of MLS#mrd12536055 at 3621 W 5th Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3621 W 5th Avenue
Chicago, IL