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Updated Triplex with Separate Utilities
For Sale
$530,000

5433 S Millard Avenue, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market51

Property Features for 5433 S Millard Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 4
Parking 2
Parking features Owned, Off Street, Off Alley
Subdivision Eldson
Elementary school district 299
Middle school district 299
High school district 299
Directions from Archer Ave Head South on Lawndale to 54th. & left 0n 54th Turn right on Millard to 5433 on Left both address 5433 and 5429 (vacant lot)
Standard status Active
APN 19113330170000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3883

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1903
Building materials Shingle Siding
Listing Agency: Redfin Corporation
Listed By: Stephanie Miller · License #475120371
Added: Jul 2 Changed: Aug 20 Last Checked: Aug 21 at 1:06AM
MLS# 12691450

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.

Investment Insights

Based on property information with market context.

Updated triplex featuring three units in a shared building footprint, with improvements made a few years ago that include a newer roof, updated kitchens and baths, newer windows, and updated furnaces and A/C units. The property also includes new plumbing throughout. Each unit has separate utilities, including 3 hot water tanks, 3 gas meters, and 3 electric meters.

The building is shingle siding and is heated by forced air with natural gas. Public water and public sewer service are provided. Off-street parking is available, with owned parking off an alley.

Built in 1903, the property is offered as-is and includes the building and lot in the sale. Its setting is described as convenient to schools, shopping, restaurants, and CTA transportation including the Blue Line.

Key Highlights

  • Updated triplex with newer roof, updated kitchens and baths, and newer windows
  • Three separate utility setups: 3 hot water tanks, 3 gas meters, and 3 electric meters
  • Forced‑air heating with natural gas, plus furnaces and A/C units updated a few years ago

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Electrical Service Gym & Fitness Center Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,133
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated 3-unit triplex with newer roof, kitchens, baths, windows, and three separate utility setups.
Where is this triplex located?
The property is located at 5433 S Millard Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Updated triplex with newer roof, updated kitchens and baths, and newer windows; Three separate utility setups: 3 hot water tanks, 3 gas meters, and 3 electric meters; Forced‑air heating with natural gas, plus furnaces and A/C units updated a few years ago
More about this property
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