5047 W Chicago Avenue, Chicago, IL

$229,900

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5

Beds

About 5047 W Chicago Avenue

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!

Features of 5047 W Chicago Avenue

MLS® # 12780662
Price $229,900
Bedrooms 5
Bathrooms 0.00
Year Built 1888
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 5047 W Chicago Avenue
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Parking Spaces 2
Parking Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Aluminum Siding, Steel Siding

School Information

District 299

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeArea Wide Realty

Listing Map

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