REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$500,000

Est. payment - /mo

11 Beds

5 Baths

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12573468

Style Greystone

Bedrooms 11

Year Built 1906

Annual Tax Amount $7,057

Tax Year 2024

Lot Dimensions 25x154

Property Sub-Type Two to Four Units

Property Description

Good investment opportunity featuring a classic Chicago 2-flat offering a total of 11 bedrooms and 5 bathrooms with strong income potential and value-add upside. The property includes two main units plus a garden-level in-law setup, making it well suited for investors seeking flexible rental options. The 1st floor unit features 4 bedrooms and 2 bathrooms and is currently leased at $2,150 per month on a 12-month lease. The 2nd floor unit offers 5 bedrooms and 2 bathrooms and is currently leased at $2,500 per month on a 24-month lease. The garden level includes an in-law arrangement with a separate entrance, featuring 2 bedrooms and 1 bathroom; it is also leased at $1,700 per month on a 24-month lease. Recent updates include updated kitchens and one bathroom in both the 1st and 2nd floor units (2025). The 1st floor unit shares a furnace with the garden level, replaced in 2024, while the 2nd floor unit has a separate furnace. Additional improvements include PVC and copper plumbing, mostly rigid electrical, a brand-new rubber roof with 2-inch insulation (2025), and all brickwork completed in 2025. A solid building with updated systems, ideal for investors looking to maximize returns.

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick,Stone, No

Sewer Public Sewer

Water Public

Structure Type Brick,Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Read Less Info

Listed by Peter Bellert of @properties Christies International Real Estate

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

3619 W 5th AVE Chicago, IL 60624

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

3619 W 5th AVE