5047 W CHICAGO Avenue

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Address: 5047 W Chicago Ave, Chicago, IL 60651, USA
Chicago & Midwest + Apartment Buildings
Created date: October 8, 2026
Date last updated: October 8, 2026
Price: $229,900Investment Analyzer NEW!

Property Description

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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $229,900
Year Built: 1888
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 5047 W CHICAGO Avenue, Chicago, IL 60651, USA
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Step 4Final Deal Analysis

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