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    5940 W Wilson Ave Chicago, IL 60630

    Under Contract
    For Sale
    $650,000

    Residential Income - Chicago, IL

    Lot size:
    0.08 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5940 W Wilson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    13172130240000
    Parking
    2
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1969
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Sally Haynes (312) 216-2422 License #471014767

    Listing date Dec 1, 2025

    MLS# 12482526 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

    North Portage Park Income Property

    Located in the North Portage Park neighborhood of Chicago, this all-brick legal 2-flat with a garden in-law suite offers investment potential. Each of the two units features 3 bedrooms and 1 full bath. The property includes long-term tenants. A finished garden level provides additional flexibility. The property also features a fully fenced yard with a patio and a detached 2-car garage. The lot size is 0.08 acres. The property is located close to public transportation, major highways, shopping, and neighborhood parks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7763326
    Latitude
    41.9642826

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    FAQs

    What type of property is this?
    Duplex - Two units plus in-law suite in North Portage Park.
    Where is this duplex located?
    The property is located at 5940 W Wilson Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Solid all-brick legal 2-flat with garden in-law in North Portage Park.; - Two spacious units, each with 3 bedrooms and 1 full bath.; - Long-term tenants in place for steady rental income.
    (312) 216-2422
    Request Owner's contact information
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    Chicago, IL 60630
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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
    5940 W Wilson Ave Chicago, IL 60630
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