5047 W CHICAGO AVE, Chicago, IL 60651
5047 W CHICAGO AVE, Chicago, IL 60651
5047 W CHICAGO AVE, Chicago, IL 60651
5047 W CHICAGO AVE, Chicago, IL 60651
5047 W CHICAGO AVE, Chicago, IL 60651
5047 W CHICAGO AVE, Chicago, IL 60651
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 229,900
Est. payment | /mo

5 Beds

2 Baths

Save
$ 229,900
Est. payment | /mo
Save

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12780662

Bedrooms 5

Year Built 1888

Annual Tax Amount $4,445

Tax Year 2025

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

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!

Location

State IL

County Cook

Area Chi - Austin

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Steel Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Steel Siding

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Olszewski of  Area Wide Realty 

Nearby Locations

Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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5047 W CHICAGO AVE