5117 N Western Ave

Chicago IL 60625

0.07 ac.

Multi-Family

Currently for sale - view listing

Overview

Turnkey legal 3-unit building in the heart of desirable Lincoln Square. This fully leased property features three spacious 3-bedroom, 1-bath units, each with central heat and air conditioning, in-unit laundry, and strong rental demand. The building currently generates over $75,000 in annual income, with tenants responsible for all their own utilities. Additional highlights include usable attic space with potential for extra storage or a duplex-up owner's unit, shared yard space, and a detached 2-car garage currently rented for an extra $100 per month. Situated on an oversized 3,536 sq ft lot and zoned B3-3 within the City's Transit-Served Location (TSL/TOD) district, this property offers excellent redevelopment potential for the right investor or developer. Ideally located within walking distance to the Brown Line, multiple bus routes, and Lincoln Square's vibrant shopping, dining, and nightlife.

Features

9 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

0.07 ac. lot size

Multi-Family

Property history for 5117 N Western Ave

2016

Sold

$575,000

11 Mar 2016 by Mitir Patel, of Kale Realty

2013

Sold

$345,000

16 Dec 2013 by Elizabeth Marcelo, of Century 21 McMullen Real Estate Inc

Happy sellers in Chicago

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