5011 N Western Avenue Chicago, IL $ 725,000
5011 N Western Avenue
$ 725,000
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5011 N Western Avenue

Chicago, IL, 60625
$ 725,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 4,523

5011 N Western Avenue, Chicago, IL 60625 - Image 1
5011 N Western Avenue, Chicago, IL 60625 - Image 2
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5011 N Western Avenue, Chicago, IL 60625 - Image 5
5011 N Western Avenue, Chicago, IL 60625 - Image 6

Multi-Family Home for sale in Chicago, IL

for $725,000 with 6 bedrooms and 3 full baths. This home was built in 1907.

Outstanding investment opportunity in Lincoln Square! This well-maintained 3-unit building is a rare find in one of Chicago's most desirable neighborhoods. Each of the three spacious 2-bedroom apartments features separate living and dining rooms, updated kitchens and bathrooms, and separate utilities-making property management simple and tenant turnover seamless. Just steps from the Brown Line, Winnemac Park, and the vibrant Lincoln Square corridor filled with shops, restaurants, and nightlife. The area continues to grow, with new condo developments nearby boosting long-term property value and rental demand. Additional features include: Coin-operated laundry machines for tenant convenience. Rear patio - perfect for shared outdoor space and detached 2-car garage for added rental income or owner use. Bonus: The adjacent property at 5015 N Western is also available - offering a unique chance to acquire side-by-side buildings in a thriving location. Ideal for investors looking to expand their portfolio with value-add opportunities in a high-demand area. Per City of Chicago B3-3 zoning.

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Multi-Family Contingent

Price

$ 725,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,649

Style

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12480144

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing Tenant's Rights
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding Brick
Year Built 1907
Township Lake View
Tax Year 2023
Ownership Fee Simple
Gross Income 47640
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 1590
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions On Western between Foster and Lawrence on east side of street
City Chicago
High School District 299
MLS Area CHI - Lincoln Square
Tax Annual Amount 8649
Electric Expense 825
Water Sewer Expense 1438
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 26x99
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Premier

Broker

merakordic@hotmail.com

Email

Affordability Calculator

$5,244
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$721
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
9/24/2025$725,000 Listed Price

Map


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5011 N Western Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $725,000. 5011 N Western Avenue has 6 bedrooms, 3.0 baths, and was built in 1907. The property's zip code is 60625 which is in Chicago, IL