4505 N Artesian Avenue Chicago, IL $ 575,000
4505 N Artesian Avenue
$ 575,000
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4505 N Artesian Avenue

Chicago, IL, 60625
$ 575,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 3,631

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Multi-Family Home for sale in Chicago, IL

for $575,000 with 5 bedrooms and 2 full baths.

Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30' x 126' Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2010) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, including a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago's most desirable neighborhoods. The property is being sold as-is.

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Multi-Family Active

Price

$ 575,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,441

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12727586

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Roof Flat
Zoning MULTI
Garage Spaces 1
Construction Materials Brick
Township North Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions East on Montrose Ave one block west of Western Ave turn North on Artesian Ave. Just north of Sunnyside Ave.
High School Amundsen High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Square
Elementary School Waters Elementary School
Tax Annual Amount 11441.65
Middle/Junior High School Waters Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Storage Space Full
Total Bedrooms 5
Room Type Enclosed Porch Utility Room-Lower Level Workshop
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features No Garage Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions 30X126
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

iconover@jamesonsir.com

Email

Affordability Calculator

$4,584
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$953
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
567805 Elementary School
567805 Middle School
Amundsen High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$575,000 Listed Price

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4505 N Artesian Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $575,000. 4505 N Artesian Avenue has 5 bedrooms and 2.0 baths. The property's zip code is 60625 which is in Chicago, IL