5948 S Washtenaw Avenue

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Address: 5948 S Washtenaw Ave., Chicago, IL 60629, USA
Chicago & Midwest + Apartment Buildings
Created date: September 4, 2026
Date last updated: September 24, 2026
Price: $450,000Investment Analyzer NEW!

Property Description

All-brick 2-flat building, fully updated and completely move-in ready! Spacious income-producing two-unit property with flexible living space! The first-floor unit offers 2 bedrooms and 1 full bathroom, while the second-floor unit features 2 bedrooms and 1 full bathroom and is currently vacant and available for showings. The first-floor tenants are scheduled to move out October 1. The fully finished basement provides excellent related-living potential, offering an additional sleeping area, full bathroom, cozy living space, and kitchenette area. A two-car garage completes the property. Great opportunity for an owner-occupant or investor looking to generate rental income. Property may qualify for FHA or conventional financing. Schedule your showing today!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $450,000
Year Built: 1917
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 3
Address: 5948 S Washtenaw Avenue, Chicago, IL 60629, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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