5426 N Western Avenue Chicago, IL $ 925,000
5426 N Western Avenue
$ 925,000
Recently Listed
Open House 3/5 4pm - 6pm
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5426 N Western Avenue

Chicago, IL, 60625
$ 925,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 5,695

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Multi-Family Home for sale in Chicago, IL

for $925,000 with 7 bedrooms and 3 full baths. This home was built in 1924 on a lot size of 0.08.

Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting - ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner's unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 - demonstrating strong rental potential. Unit #2 (3BR/1BA) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago's beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living - an exceptional opportunity in a highly desirable location!

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Open House

3/5/2026 4:00 PM - 6:00 PM
3/7/2026 1:00 PM - 3:00 PM
5426 N Western Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 925,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 17,479

Style

Lot Size

0.08

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12571983

Features
General
Sewer Public Sewer
Heating Forced Air Baseboard Sep Heating Systems - 2+ Indv Controls
Possession Closing
Roof Flat
Zoning OTHER
Garage Spaces 2
Construction Materials Brick
Year Built 1924
Township North Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 87000
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 60761
Insurance Expense 200
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status New
Directions Western Ave N of W Balmoral Ave; S of W Catalpa Ave on West side of street across from cemetery
High School Mather High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Square
Elementary School Jamieson Elementary School
Tax Annual Amount 17479
Electric Expense 30
Middle/Junior High School Jamieson Elementary School
Water Sewer Expense 230
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Room Type Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30x111
Lot Size Acres 0.08
Waterfront Y/N N
Other Equipment Sump Pump Multiple Water Heaters Security Cameras
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* Excluded Features
List By
Compass

Broker

hayley.w@compass.com

Email

Affordability Calculator

$7,152
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,695
Monthly Property Taxes
$1,457
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
567777 Elementary School
567777 Middle School
Mather High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$925,000 Listed Price

Map


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5426 N Western Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $925,000 with a lot size of 0.08. 5426 N Western Avenue has 7 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 60625 which is in Chicago, IL