5724 W LAKE Street Chicago, IL ^$ 475,000

5724 W LAKE Street

^$ 475,000

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5724 W LAKE Street

Chicago, IL, 60644

^$ 475,000

Bedrooms9 Baths3.0 Sq 3,100

Monthly Estimate*

^$ 2,963

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Multi-Family Home for sale in Chicago, IL

for $475,000 with 9 bedrooms and 3 full baths. This home is 3,100 square feet.

TALE OF THE TAPE: 5724 W. Lake Street is a massive 9/3 2-unit located in super-hot West Austin; on the precipice of Oak Park! This jumbo 2-flat sits on an over-sized 40' x 177' lot and has a 3/1 simplex on the first floor and a large 6/2 duplex up. The property has recently been fully upgraded and needs only light cosmetic work to be put back into service! Patch & paint, refinish hardwood floors, clean and you're good to go! There are two newer GFA/ACs and hot water heaters, in-unit and basement laundry and a brand new 2-car garage plus parking pad in the rear. This property is perfect for the live-in owner looking to defer occupancy costs or an astute investor. Area comps support $550K and GPI of over $4,000 per month...that's a stout 10 cap!

Multi-Family Active

Price

^$ 475,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,486

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12530629

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2

Construction Materials Frame

Township West Chicago

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 13

Status New

Directions LAKE ST. EAST OR WEST TO SUBJECT

City Chicago

High School District 299

MLS Area CHI - Austin

Tax Annual Amount 5486

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full Daylight

Total Bedrooms 9

Total Baths 3

Bedrooms Possible 9

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Garage Door Opener Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 40 X 177

Waterfront Y/N N

* Excluded Features

List By

Chicago Real Estate Authority

Broker

Scott@ChicagoRealEstateAuthority.com

Affordability Calculator

$3,421

Per Month

Monthly Principal & Interest: $2,963
Monthly Property Taxes: $457
Monthly Home Insurance: --

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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 ^$620,472

Percent of Sale Price 31%

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.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$475,000		Listed Price

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5724 W LAKE Street, Chicago, IL, 60644 is a Multi-Family Home for sale at $475,000 with 3,100 sqft. 5724 W LAKE Street has 9 bedrooms and 3.0 baths. The property's zip code is 60644 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 12/13/2025.

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5724 W LAKE Street

Multi-Family Home for sale in Chicago, IL

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