$475,000
5724 W LAKE Street
Chicago, IL, 60644
TALE OF THE TAPE: 5724 W. Lake Street is a massive 9/3 2-unit located in super-hot West Austin; on the precipice of Oak Park! This jumbo 2-flat sits on an over-sized 40′ x 177′ lot and has a 3/1 simplex on the first floor and a large 6/2 duplex up. The property has recently been fully upgraded and needs only light cosmetic work to be put back into service! Patch & paint, refinish hardwood floors, clean and you’re good to go! There are two newer GFA/ACs and hot water heaters, in-unit and basement laundry and a brand new 2-car garage plus parking pad in the rear. This property is perfect for the live-in owner looking to defer occupancy costs or an astute investor. Area comps support $550K and GPI of over $4,000 per month…that’s a stout 10 cap!
Property Details
Price:
$475,000
MLS #:
MRD12530629
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Dec 12, 2025
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$5,486
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Dec 14, 2025
1,403
Multi Family Listed
88
Avg DOM
$490,354
Avg List Price
Community
- Address5724 W LAKE Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60644
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Property Summary
- 5724 W LAKE Street Chicago IL is a Multi Family for sale in Chicago, IL, 60644. It is listed for $475,000 To schedule a showing of MLS#mrd12530629 at 5724 W LAKE Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5724 W LAKE Street
Chicago, IL
