5047 Chicago Avenue, Austin, Chicago, Illinois 60651


$229,900

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft: —
Beds: 5
Baths: 0
Year Built: 1888
Property Taxes: $4,446
Days On Market: 9
Lot Size: 0,00
Map
Street View

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!

Property Specifics

Multi-unit
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1888
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No
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Cook
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12780662
16092020040000

Property History

DATE: EVENT: PRICE: SOURCE:
4 May, 2009 Sold $13,500 MRED MLS
21 Apr, 2009 Under contract $14,900 MRED MLS
3 Apr, 2009 Listed for sale $14,900 MRED MLS
16 Oct, 2026 Under contract $229,900 MRED MLS
8 Oct, 2026 Listed for sale $229,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

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25X125
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Not in DB
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Tax History

Year Property Taxes
2009 $2,147
2026 $4,446

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Listing Provided By

Area Wide Realty