5011 N Western Avenue
Chicago, IL, 60625
$725,000
6 Beds
3 Baths
0 SqFt
0 Acres
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$725,000
5011 N Western Avenue
Chicago, IL, 60625
MLS #MRD12480144 image #0MLS #MRD12480144 image #1MLS #MRD12480144 image #2MLS #MRD12480144 image #3
Outstanding investment opportunity in Lincoln Square! This well-maintained 3-unit building is a rare find in one of Chicago’s most desirable neighborhoods. Each of the three spacious 2-bedroom apartments features separate living and dining rooms, updated kitchens and bathrooms, and separate utilities-making property management simple and tenant turnover seamless. Just steps from the Brown Line, Winnemac Park, and the vibrant Lincoln Square corridor filled with shops, restaurants, and nightlife. The area continues to grow, with new condo developments nearby boosting long-term property value and rental demand. Additional features include: Coin-operated laundry machines for tenant convenience. Rear patio – perfect for shared outdoor space and detached 2-car garage for added rental income or owner use. Bonus: The adjacent property at 5015 N Western is also available – offering a unique chance to acquire side-by-side buildings in a thriving location. Ideal for investors looking to expand their portfolio with value-add opportunities in a high-demand area. Per City of Chicago B3-3 zoning.

Property Details

Price:
$725,000
MLS #:
MRD12480144
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chilincolnsquare
Listed Date:
Sep 24, 2025
Year Built:
1907
Chi – Lincoln SquareChilincolnsquare

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$8,649
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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 Oct 06, 2025
1,487
Multi Family Listed
80
Avg DOM
$501,238
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    5011 N Western Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60625. It is listed for $725,000 To schedule a showing of MLS#mrd12480144 at 5011 N Western Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5011 N Western Avenue
Chicago, IL