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5047 W CHICAGO Avenue
Chicago IL 60651 US

$229,900

Active Listing ID 12780662
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5 bed
bath icon
2.00 Bath (2 Full)
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Other

$229,900

Active Listing ID 12780662
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5047 W CHICAGO Avenue 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!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 229900
  • unparsedaddress: 5047 W CHICAGO Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60651
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.894639
  • longitude: -87.752609
  • listagentfullname: Michael Olszewski
  • listagentemail: msolszewsk@aol.com
  • listagentkey: 3yd-MREDIL-84760
  • listagentmlsid: 84760
  • listagentpreferredphone: (708) 656-3333
  • listagentofficephone: 7086563333
  • listofficekey: 3yd-MREDIL-8658
  • listofficemlsid: 8658
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1888
  • listingcontractdate: 2026-10-08
  • listagenturl: http://www.reoareawide.com
  • countyorparish: Cook
  • parcelnumber: 16092020040000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Aluminum Siding, Steel Siding
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Owned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2
  • basement: Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.75261, 41.894638
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Area Wide Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"msolszewsk@aol.com", "ListBrokerageCity":"Cicero", "ListBrokerageCountry":"US", "ListBrokerageEmail":"msolszewsk@aol.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/c5ababc321c0251d0121c07be8930101k-c1709850345r.jpg", "ListBrokerageName":"Area Wide Realty", "ListBrokeragePhone":"(708) 656-3333", "ListBrokeragePostalCode":"60804", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2125 S. Laramie Ave", "ListBrokerageWebsiteUrl":"http://www.reoareawide.com", "ListOfficeAddress1":"1545 S 61st Court ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"8658", "ListOfficeCity":"Cicero", "ListOfficeCountry":"US", "ListOfficeEmail":"msolszewsk@aol.com", "ListOfficePostalCode":"60804", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5047-W-Chicago-Ave_Chicago_IL_60651_M78991-65813?f=listhub&s=MREDIL&m=12780662&c=rexren", "MLSModificationTimestamp":"2026-10-08 19:56:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Austin"}], "PostalCode":null, "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4446, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/8/2026 7:59:15 PM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Michael Olszewski, Area Wide Realty, msolszewsk@aol.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.