$575,000
5248-50 W Adams Street
Chicago, IL, 60644
Fantastic investment opportunity! Cash flow immediately or live and build equity for FREE. This spacious 4-unit building on a double lot offers a mix of generous floor plans with two 3-bedroom/1-bath units on the top floor and two oversized 2-bedroom/1-bath units on the first floor. Building improvements include fully renovated owner unit (2023), updated electrical, all new copper and PVC plumbing, individual newer furnaces, all newer hot water heaters, and newer vinyl windows. The full unfinished basement with sump pump system provides excellent potential for expansion or additional storage. Stairs are already set up to duplex down. Exterior highlights include a 2-car garage and a large private fenced in back yard. Conveniently located near major streets, public transit, Columbus Park, Garfield Park, and easy access to I-290. Three units are currently leased, with owner unit delivered vacant.
Property Details
Price:
$575,000
MLS #:
MRD12456717
Status:
Active
Beds:
10
Baths:
4
Address:
5248-50 W Adams Street
Type:
Multi Family
Neighborhood:
chiaustin
City:
Chicago
Listed Date:
Aug 28, 2025
State:
IL
ZIP:
60644
Year Built:
1915
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$8,440
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5248-50 W Adams Street
Chicago, IL
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