$360,000
5005 W Chicago Avenue
Chicago, IL, 60651
This impressive 2-unit property has undergone major upgrades, including a brand-new tear-off roof, siding, furnaces, water heaters, and updated plumbing. Only cosmetic finishes and appliances remain-perfect for adding your personal touch and building instant equity. The main-level unit features 3 spacious bedrooms, a large living room, separate dining room, and generous kitchen. The upper unit offers 2 bedrooms, a large walk-in closet, and ample storage. The basement includes 2 additional bedrooms and a full bath-ideal for extended living or rental income. It’s already wired for a 3rd unit, and while the plumbing was capped, lines can easily be extended to add a 3rd meter. Live in one unit and rent out the other to offset your mortgage! Owner-occupants may qualify for a $20K forgivable grant with just $1K down-and may stack additional grants through your preferred lender. FHA appraisal and inspection already completed and in system. Back on the market due to buyer financing. Property sold as-is; finishing work to be completed by buyer.
Property Details
Price:
$360,000
MLS #:
MRD12283896
Status:
Active
Beds:
5
Baths:
3
Address:
5005 W Chicago Avenue
Type:
Multi Family
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Feb 7, 2025
State:
IL
ZIP:
60651
Year Built:
1898
Schools
School District:
299
Elementary School:
Nash Elementary School
Middle School:
Nash Elementary School
High School:
Marshall Metropolitan High Schoo
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Roof
Asphalt
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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5005 W Chicago Avenue
Chicago, IL
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