$300,000
5417 S Damen Avenue
Chicago, IL, 60609
** MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE FRIDAY 5/23/25 @ 12PM ** Turnkey 2-Unit with Modern Updates and Huge Upside! Welcome to 5417 S Damen Ave – a beautifully updated and move-in-ready 2-flat with serious income potential and unfinished space waiting to be unlocked! Both units have been thoughtfully refreshed: Unit #1 – 3 bedrooms, 1 bath, freshly painted in 2025, Unit #2 – 4 bedrooms, 1 bath – fresh paint + new stove & fridge (2024). Recent Improvements Include: Brand-new tear-off roof (2024) New rear concrete slab (2025) Furnace + Water Heater (both replaced in 2022) Many windows replaced (2022) One-car garage + extra storage. Gated front yard for added security. Opportunity Awaits: The spacious, unfinished attic is loaded with potential – duplex it with Unit #2 or explore options for adding a third unit (buyer to verify zoning/use). Either way, there’s potential for added equity on the table. Great location near public transit, parks, and local amenities. Easy to rent, easy to live in, and even easier to fall in love with. Perfect for: House hackers wanting to live in one unit & rent the other. Investors looking for solid cash flow + long-term appreciation. Value-add buyers ready to capitalize on attic potential. This one has all the big-ticket updates DONE – just move in, rent out, or build more value. Don’t wait. Book your showing now before this South Side gem is gone!
Property Details
Price:
$300,000
MLS #:
MRD12366088
Status:
Active
Beds:
7
Baths:
2
Address:
5417 S Damen Avenue
Type:
Multi Family
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
May 15, 2025
State:
IL
ZIP:
60609
Year Built:
1904
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Parking Features
On Site, Garage Owned, Attached, Garage
Parking Spots
1
Financial
Tax Year
2023
Taxes
$955
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5417 S Damen Avenue
Chicago, IL
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