5005 W Chicago Ave
Chicago, IL 60651
5 Beds
3 Baths
2,382 Sq Ft
29 Days on Market
For Sale $349,900
Request tour
Save
Courtesy of Keller Williams Success Realty

Listing Agent & Comments

Amy WuKeller Williams Success Realty
312-869-2158amywu@kw.com
Massive Equity Opportunity in South Austin! This is an ideal chance for both owner-occupants and investors with a potential cap rate of 7-9% to build instant equity in a rapidly appreciating neighborhood. This spacious 2-unit property, with a bonus non-conforming basement, has huge potential. Major updates have been completed, including a brand new tear-off roof, siding, water heaters, plumbing, and furnaces, leaving only cosmetic updates and appliances for you to add value and create built-in equity. The main level unit features 3 bedrooms, a spacious living room, separate dining room, and sizable kitchen, while the upper level offers 2 bedrooms, a large walk-in closet, and great storage. Live in one unit and rent the other, plus the basement with 2 bedrooms and a full bathroom, for even more income opportunities. Owner-occupants benefit from a $20,000 forgivable grant, requiring just $1,000 to close, with options to layer additional grants through your preferred lender. Note: Certain areas may need finishing touches, making it ideal for buyers ready to customize and maximize value. Located in the heart of South Austin's thriving market, this property is in a transforming neighborhood with rising home values and strong equity growth. Don't miss this high-potential opportunity-schedule your tour today!

MLS# MRD12196671 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,382 Sq.Ft.
Lot Size3,149 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories1
Year Built1898
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2021
Tax Amount$2,582
Property in Flood Zone--
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HouseCanary, Inc. Brokerage

5005 W Chicago Ave., Chicago, IL 60651

Multifamily
5 Beds
3 Baths
2,382 Sq Ft
29 Days on Market

Listing Agent & Comments

Amy WuKeller Williams Success Realty
312-869-2158amywu@kw.com
Massive Equity Opportunity in South Austin! This is an ideal chance for both owner-occupants and investors with a potential cap rate of 7-9% to build instant equity in a rapidly appreciating neighborhood. This spacious 2-unit property, with a bonus non-conforming basement, has huge potential. Major updates have been completed, including a brand new tear-off roof, siding, water heaters, plumbing, and furnaces, leaving only cosmetic updates and appliances for you to add value and create built-in equity. The main level unit features 3 bedrooms, a spacious living room, separate dining room, and sizable kitchen, while the upper level offers 2 bedrooms, a large walk-in closet, and great storage. Live in one unit and rent the other, plus the basement with 2 bedrooms and a full bathroom, for even more income opportunities. Owner-occupants benefit from a $20,000 forgivable grant, requiring just $1,000 to close, with options to layer additional grants through your preferred lender. Note: Certain areas may need finishing touches, making it ideal for buyers ready to customize and maximize value. Located in the heart of South Austin's thriving market, this property is in a transforming neighborhood with rising home values and strong equity growth. Don't miss this high-potential opportunity-schedule your tour today!

MLS# MRD12196671 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,382 Sq.Ft.
Lot Size3,149 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories1
Year Built1898
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2021
Tax Amount$2,582
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $349,900
Request tour
Save
Courtesy of Keller Williams Success Realty
5005 W Chicago Ave
Chicago, IL 60651
5 Beds
3 Baths
2,382 Sq Ft
29 Days on Market

Listing Agent & Comments

Amy WuKeller Williams Success Realty
312-869-2158amywu@kw.com
Massive Equity Opportunity in South Austin! This is an ideal chance for both owner-occupants and investors with a potential cap rate of 7-9% to build instant equity in a rapidly appreciating neighborhood. This spacious 2-unit property, with a bonus non-conforming basement, has huge potential. Major updates have been completed, including a brand new tear-off roof, siding, water heaters, plumbing, and furnaces, leaving only cosmetic updates and appliances for you to add value and create built-in equity. The main level unit features 3 bedrooms, a spacious living room, separate dining room, and sizable kitchen, while the upper level offers 2 bedrooms, a large walk-in closet, and great storage. Live in one unit and rent the other, plus the basement with 2 bedrooms and a full bathroom, for even more income opportunities. Owner-occupants benefit from a $20,000 forgivable grant, requiring just $1,000 to close, with options to layer additional grants through your preferred lender. Note: Certain areas may need finishing touches, making it ideal for buyers ready to customize and maximize value. Located in the heart of South Austin's thriving market, this property is in a transforming neighborhood with rising home values and strong equity growth. Don't miss this high-potential opportunity-schedule your tour today!

MLS# MRD12196671 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,382 Sq.Ft.
Lot Size3,149 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories1
Year Built1898
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2021
Tax Amount$2,582
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $349,900
Request tour
Save
Courtesy of Keller Williams Success Realty