Active

$229,900

5047 CHICAGO Avenue, Chicago, IL 60651
5 Beds2 Baths1 days
5047 CHICAGO Avenue·Chicago, IL 60651
5Bedrooms
2Bathrooms
1888Year Built
About This Home

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!

MLS# 12780662Listed October 8, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Year Built1888
Lot Size25X125

Location

CountyCook
TownshipWest Chicago
Zip Code60651

Financial

List Price$229,900
Annual Taxes (2025)$4,446
Monthly Tax Est.$371
Parcel #16092020040000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Aluminum SidingSteel Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesOwned
Tax & Financial
Annual Taxes
$4,446
Tax Year 2025
Monthly Tax Est.
$371
per month
Property Location

5047 CHICAGO Avenue, Chicago, IL 60651 — Cook County

$229,900
5047 CHICAGO Avenue
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
1 days on market
25X125
$4,446/yr taxes
$1,579
estimated monthly payment
Principal & Interest
$1,208/mo
Property Tax
$371/mo
$229,900
20% — $45,980
3%50%
6.875%
3%12%
Loan Amount
$183,920
Down Payment
$45,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Area Wide Realty
Agent: Michael Olszewski
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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