5805 S La Salle Street Chicago, IL $ 250,000
5805 S La Salle Street
$ 250,000
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5805 S La Salle Street

Chicago, IL, 60621
$ 250,000
Bedrooms4 Baths2.0 Sq 1,800

Monthly Estimate*

$ 1,560

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Multi-Family Home for sale in Chicago, IL

for $250,000 with 4 bedrooms and 2 full baths. This 1,800 square foot home was built in 1888.

This is a newly rehabilitated 2 unit building on 3 lots. Free parking in the front and the back. Stainless steel appliances, vinyl plank flooring and fully furnished all rooms by the owner. All furniture stays with the new owner! Units are currently used as a mid-term air bnb listings and currently occupied. The typical stay is 3-9 months per guest paid by their employers. They can both be turned into long term rentals if the new owner decides to. The gross cap rate is 20% on this investment!

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Multi-Family Contingent

Price

$ 250,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 700

Style

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12447602

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Vinyl Siding
Year Built 1888
Township Lake
Tax Year 2023
Ownership Fee Simple
Gross Income 4400
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 8
Status Contingent
Directions 3 blocks east and one block south of 90/94 59th st exit.
City Chicago
High School District 299
MLS Area CHI - Englewood
Tax Annual Amount 700
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Off Street On Site
Water Source Public
Total Parking 1
Lot Dimensions 25 x 125
Waterfront Y/N N
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* Excluded Features
List By
Charles Rutenberg Realty

Broker

kgoodwin205@gmail.com

Email

Affordability Calculator

$1,618
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$58
Monthly 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2025$250,000 Listed Price

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5805 S La Salle Street, Chicago, IL, 60621 is a Multi-Family Home for sale at $250,000 with 1,800 sqft. 5805 S La Salle Street has 4 bedrooms, 2.0 baths, and was built in 1888. The property's zip code is 60621 which is in Chicago, IL