5221 W Montrose Avenue Chicago, IL ^$ 530,000

5221 W Montrose Avenue

^$ 530,000

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5221 W Montrose Avenue

Chicago, IL, 60641

^$ 530,000

Bedrooms7 Baths3.0

Monthly Estimate*

^$ 3,307

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Multi-Family Home for sale in Chicago, IL

for $530,000 with 7 bedrooms and 3 full baths.

Welcome to this solid brick 2-flat with a finished basement and a 2-car garage! The second-floor unit was remodeled in 2025, featuring new windows, new flooring, fresh paint, 3 bedrooms, 1 bathroom, a spacious living room, dining room, and kitchen. The first-floor unit offers 2 bedrooms plus a tandem room, 1 bathroom, a living room, dining room, and kitchen. The finished basement includes 2 bedrooms, 1 bathroom, a kitchen, and a combined living and dining area. The common area provides a storage room, laundry room, and utility room. Enjoy a nice backyard in a beautiful neighborhood, conveniently located near highways, public transportation, and more!

Multi-Family Contingent

Price

^$ 530,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,861

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12415878

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2.5

Construction Materials Brick

Township North Chicago

Tax Year 2023

Ownership Fee Simple

Community Features Sidewalks Street Lights

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 15

Status Contingent

Directions N. Milwaukee West to Montrose

City Chicago

High School District 130

MLS Area CHI - Portage Park

Tax Annual Amount 8861.62

Standard Status Active Under Contract

Middle/Junior School District 130

Elementary School District 130

Interior

Basement Finished Full

Total Bedrooms 7

Room Type Kitchen

Total Baths 3

Bedrooms Possible 7

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2.5

Foundation Details Concrete Perimeter

Lot Dimensions 4000

Waterfront Y/N N

* Excluded Features

List By

Lpt Realty Llc

Broker

locbuirealtor@gmail.com;LocBuiRealtor@gmail.com

Affordability Calculator

$4,045

Per Month

Monthly Principal & Interest: $3,307
Monthly Property Taxes: $738
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,237

Percent of Sale Price 17%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

564608 Elementary School

565519 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/23/2025	$530,000	-3.46%	Price Down
7/10/2025	$549,000		Listed Price

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5221 W Montrose Avenue, Chicago, IL, 60641 is a Multi-Family Home for sale at $530,000. 5221 W Montrose Avenue has 7 bedrooms and 3.0 baths. The property's zip code is 60641 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

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5221 W Montrose Avenue

Multi-Family Home for sale in Chicago, IL

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