$450,000
5220 W Washington Boulevard
Chicago, IL, 60644
Investment Opportunity in South Austin! Don’t miss out on this well-maintained all-brick 5-unit building in the sought-after South Austin area. This solid investment boasts numerous upgrades, including new windows, newer gutters and downspouts, and separate hot water tanks. Fully Occupied: Consistently rented with reliable tenants. 5+ parking spaces in the rear. Copper plumbing throughout the building. Utilities: Owner covers heating for 4 units, common electric, water, insurance, and real estate taxes; the garden unit tenant pays for all utilities. Convenience: Coin-operated washer and dryer onsite. Why Invest? This property is a fantastic opportunity for both seasoned and first-time investors. Located on a quiet block, it offers stability and potential for long-term growth. Don’t miss the chance to add this money-making asset to your portfolio!
Property Details
Price:
$450,000
MLS #:
MRD12354064
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5220 W Washington Boulevard
Type:
Commercial
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
May 1, 2025
State:
IL
ZIP:
60644
Year Built:
1960
Schools
Interior
Exterior
Construction Materials
Brick, Concrete, Steel Siding, Stone
Roof
Rubber
Financial
Tax Year
2023
Taxes
$4,641
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5220 W Washington Boulevard
Chicago, IL
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