Duplex with Rear Parking
For Sale
$229,900
5047 W CHICAGO Avenue, Chicago, IL 60651
Two occupied residences have month-to-month leases and a three-bedroom, two-bedroom unit mix.
Property SizeContact for details
Days on Market18
Property Features for 5047 W CHICAGO Avenue
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,445
Building Details
Year Built
1888
Listing Agency:
Area Wide Realty
Listed By:
Michael Olszewski · License #471011979
(708) 656-3333
Source:
Ifindpropertiesllc
Added: Oct 8
Changed: Oct 24
Last Checked: Oct 24 at 2:37PM
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 Area Wide Realty
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Investment Insights
Based on property information with market context.
Built in 1888, this Chicago duplex contains two residences: one with three bedrooms and one bathroom, and another with two bedrooms and one bathroom. The property also includes a large rear yard and a dedicated parking pad behind the building. Both units are tenant-occupied under month-to-month leases, and the sale is offered in as-is condition.
The property is in Chicago’s Austin neighborhood, near public transportation, major roadways, parks, shopping, and local schools. This setting connects the building to neighborhood services and transportation options while retaining its two-unit residential configuration.
The property is in Chicago’s Austin neighborhood, near public transportation, major roadways, parks, shopping, and local schools. This setting connects the building to neighborhood services and transportation options while retaining its two-unit residential configuration.
Key Highlights
- Two‑unit building constructed in 1888
- Unit 1: 3 bedrooms and 1 bathroom
- Unit 2: 2 bedrooms and 1 bathroom
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
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Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences have month-to-month leases and a three-bedroom, two-bedroom unit mix.
Where is this duplex located?
The property is located at 5047 W CHICAGO Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑unit building constructed in 1888; Unit 1: 3 bedrooms and 1 bathroom; Unit 2: 2 bedrooms and 1 bathroom
