5047 W CHICAGO Avenue Chicago, IL $ 229,900
5047 W CHICAGO Avenue
$ 229,900
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5047 W CHICAGO Avenue

Chicago, IL, 60651
$ 229,900
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,588

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Multi-Family Home for sale in Chicago, IL

for $229,900 with 5 bedrooms and 2 full baths. This home was built in 1888.

Fantastic investment opportunity in Chicago's Austin neighborhood! This solid 2-flat features two well-proportioned units, Unit 1 boasts 3 bedrooms, 1 bathroom; Unit 2 offers 2 bedrooms, 1 bathroom. Large rear yard offering plenty of outdoor space, complete with a dedicated rear parking pad for off-street convenience. Conveniently situated near public transportation, major thoroughfares, local parks, and shopping, offering high tenant demand and solid rental potential. Currently tenant-occupied on a flexible month-to-month basis, offering immediate rental income upon closing or room for full repositioning. Bring your updates and ideas to maximize market rents in a rapidly developing location near public transportation, local schools, and major roadways. Room counts and sizes are estimates. Sold AS-IS. Real estate taxes prorated. Seller will not provide survey or disclosures. Tenant occupied on a month-to-month lease; please do not disturb tenants. Showings require 24-48 hour advance notice. All buyers must submit proof of funds or a pre-approval letter with offers. Terms & Conditions: Sold in AS-IS condition. Seller will provide no surveys nor disclosures, and real estate taxes will be prorated. Bring your buyers and investment strategies today!

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Multi-Family Active

Price

$ 229,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,445

Style

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12780662

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Aluminum Siding Steel Siding
Year Built 1888
Township West Chicago
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions CHICAGO AVE (800 NORTH) WEST OF CICERO AVE
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 4445.99
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
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 Yes Owned
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
Area Wide Realty

Broker

msolszewsk@aol.com

Email

Affordability Calculator

$1,958
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,588
Monthly Property Taxes
$370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/8/2026$229,900 Listed Price

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5047 W CHICAGO Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $229,900. 5047 W CHICAGO Avenue has 5 bedrooms, 2.0 baths, and was built in 1888. The property's zip code is 60651 which is in Chicago, IL