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Street View
$229,900
Monthly Est:$1,144
5 Beds
2 Baths
--sqft
5047 W Chicago Ave, Chicago, IL 60651
$229,900
$1,144/moEst:
Get Pre-Approved
Multi Family
Built in 1888
$-- HOA
-- sqft lot
--/sqft
Description
Fantastic investment opportunity in Chicago's Austin neighborhood! This solid 2-flat features two well-proportioned units, Unit 1 boasts 3 bedrooms, 1 bathroom; Unit 2 offers 2 bedrooms, 1 bathroom. Large rear yard offering plenty of outdoor space, complete with a dedicated rear parking pad for off-street convenience. Conveniently situated near public transportation, major thoroughfares, local parks, and shopping, offering high tenant demand and solid rental potential. Currently tenant-occupied on a flexible month-to-month basis, offering immediate rental income upon closing or room for full repositioning. Bring your updates and ideas to maximize market rents in a rapidly developing location near public transportation, local schools, and major roadways. Room counts and sizes are estimates. Sold AS-IS. Real estate taxes prorated. Seller will not provide survey or disclosures. Tenant occupied on a month-to-month lease; please do not disturb tenants. Showings require 24-48 hour advance notice. All buyers must submit proof of funds or a pre-approval letter with offers. Terms & Conditions: Sold in AS-IS condition. Seller will provide no surveys nor disclosures, and real estate taxes will be prorated. Bring your buyers and investment strategies today!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 8, 2026 at 7:56 pm
- Listing Provided by: Michael Olszewski (708) 220-1791 | Area Wide Realty (708) 656-3333
- Source: MRED MLS-IL | MLS#: 12780662
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1888
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12780662
MLS Status
New
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Interior
Heating
Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1888
Home type
Multi Family
Construction Materials
Aluminum Siding, Steel Siding
Utilities & Energy
Water Source
Public
Basement
Unfinished, Full
Parking Features
Yes, Owned
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Listed for Sale | $229,900 +1602.96% $0/sqft |
05/05/2009 Source: | Price Decreased | $13,500 -9.40% $0/sqft |
05/05/2009 Source: | Sold | $14,900 $0/sqft |
Austin Ranks #103 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 09, 2026, 08:15AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 09, 2026, 08:15AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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