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Rehabilitated Two-Unit Residential Income
For Sale
Contact for pricing
Pending

5242 Adams, Chicago, IL 60644

Rehabilitated in 2015, this occupied two-flat offers two bedrooms per unit with stainless appliances and hardwood floors.

Days on Market113

Property Features for 5242 Adams

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Year Renovated 2015
Listing Agency: Troy Companies
Listed By: Aga Kot · License #IL
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 31 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Troy Companies

Investment Insights

Based on property information with market context.

This two-flat residential income property was totally rehabbed in 2015 and is being sold as part of a real estate portfolio package with additional properties. The building contains two units, and each unit offers 5 rooms total with 2 bedrooms. Kitchens feature stainless steel appliances and granite countertops, and hardwood flooring runs throughout the units.

The property is located in the Austin neighborhood and is close to major streets, public transportation, and stores. It is also described as within walking distance to Columbus Park. The units are currently occupied, and occupants are not to be disturbed or contacted under any circumstances. Photos were taken after the rehab, and the agent was not inside the units.

Key Highlights

  • Occupied two‑flat rehabilitated in 2015 (sold as part of a portfolio package).
  • Each unit has 2 bedrooms and 5 rooms total per unit.
  • Both kitchens include stainless steel appliances and granite countertops.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Rehabilitated in 2015, this occupied two-flat offers two bedrooms per unit with stainless appliances and hardwood floors.
Where is this multifamily property located?
The property is located at 5242 Adams Chicago, IL.
What are key features of this property?
This property features: Occupied two‑flat rehabilitated in 2015 (sold as part of a portfolio package).; Each unit has 2 bedrooms and 5 rooms total per unit.; Both kitchens include stainless steel appliances and granite countertops.
More about this property
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