5047 W CHICAGO Avenue
Chicago, IL, 60651
$229,900
5 Beds
2 Baths
0 SqFt
0 Acres
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$229,900
5047 W CHICAGO Avenue
Chicago, IL, 60651
MLS #MRD12780662 image #0MLS #MRD12780662 image #1MLS #MRD12780662 image #2MLS #MRD12780662 image #3MLS #MRD12780662 image #4MLS #MRD12780662 image #5MLS #MRD12780662 image #6MLS #MRD12780662 image #7MLS #MRD12780662 image #8MLS #MRD12780662 image #9MLS #MRD12780662 image #10MLS #MRD12780662 image #11MLS #MRD12780662 image #12MLS #MRD12780662 image #13MLS #MRD12780662 image #14MLS #MRD12780662 image #15MLS #MRD12780662 image #16MLS #MRD12780662 image #17
Fantastic investment opportunity in Chicago’s Austin neighborhood! This solid 2-flat features two well-proportioned units, Unit 1 boasts 3 bedrooms, 1 bathroom; Unit 2 offers 2 bedrooms, 1 bathroom. Large rear yard offering plenty of outdoor space, complete with a dedicated rear parking pad for off-street convenience. Conveniently situated near public transportation, major thoroughfares, local parks, and shopping, offering high tenant demand and solid rental potential. Currently tenant-occupied on a flexible month-to-month basis, offering immediate rental income upon closing or room for full repositioning. Bring your updates and ideas to maximize market rents in a rapidly developing location near public transportation, local schools, and major roadways. Room counts and sizes are estimates. Sold AS-IS. Real estate taxes prorated. Seller will not provide survey or disclosures. Tenant occupied on a month-to-month lease; please do not disturb tenants. Showings require 24-48 hour advance notice. All buyers must submit proof of funds or a pre-approval letter with offers. Terms & Conditions: Sold in AS-IS condition. Seller will provide no surveys nor disclosures, and real estate taxes will be prorated. Bring your buyers and investment strategies today!

Property Details

Price:
$229,900
MLS #:
MRD12780662
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Oct 8, 2026
Year Built:
1888
Chi – AustinChiaustin

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Aluminum Siding, Steel Siding
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2025
Taxes
$4,446
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 13, 2026
1,350
Multi Family Listed
76
Avg DOM
$528,117
Avg List Price

Community

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Property Summary

    5047 W CHICAGO Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $229,900 To schedule a showing of MLS#mrd12780662 at 5047 W CHICAGO Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5047 W CHICAGO Avenue
Chicago, IL