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    5415 S Latrobe Ave Chicago, IL 60638

    Under Contract
    For Sale
    $570,000

    Residential Income - Chicago, IL

    Days on Market:
    38
    Last Refresh:
    Dec 11 at 4:06 pm

    Property Features for 5415 S Latrobe Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    19093310050000
    Parking
    2.5

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1962
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Michael Scanlon (888) 574-9405 License #475188240

    Listing date Nov 4, 2025

    MLS# 12507247 Listing URL

    Copyright © 2025 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.

    Overview

    Two-Flat with Garden Apartment

    This solid two-flat with a garden apartment is located near Midway Airport, presenting an excellent opportunity for investors or live-in owners. The well-maintained property features newer windows and a newer roof. Separate utilities are in place, and central air conditioning is available on all three levels. Units 1 and 2 each include 3 bedrooms and 1 bathroom, hardwood floors, spacious kitchens with abundant cabinet space, full dinettes, and large double closets. Tenants in these units are responsible for their own gas and electric. The garden apartment has 2 bedrooms, 1 bathroom, a modern kitchen with a pantry, ceramic tile backsplash, and two walk-in closets. The owner is responsible for water and garden utilities for this unit. Additional features include a 2.5-car garage with newer siding and roof, and on-site coin laundry for extra income. The property's location provides convenient access to Midway Airport.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7534438
    Latitude
    41.794221

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained Chicago two-flat with garden apartment near Midway Airport.
    Where is this apartment building located?
    The property is located at 5415 S Latrobe Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $570,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity or house-hacking potential near Midway Airport.; - Separate utilities for each unit, tenants pay gas and electric.; - Central air conditioning on all three levels.
    (888) 574-9405
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    5415 S Latrobe Ave Chicago, IL 60638
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    Chicago, IL 60638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5415 S Latrobe Ave Chicago, IL 60638
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