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5124 West Kinzie Street, Chicago, IL, 60644
Corner Lot Brick Multifamily Property

5124 West Kinzie Street Chicago, IL 60644

For Sale
$310,000

4-unit brick multifamily on a prominent corner lot, fully vacant and ready for renovation with basement expansion possibilities.

Days on Market58

Property Features for 5124 West Kinzie Street

General Information

Standard status
Active
Property subtype
Multi Family 5+ / Flats

Building Details

Year Built
1925
Listing Agency: Coldwell Banker Realty
Listed By: Anthony Kirkland · License #475191596
Source: Compass
Added: May 31 Changed: Jul 10 Last Checked: Jul 26 at 12:22PM

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 Coldwell Banker Realty


Investment Insights

Based on property information with market context.

This brick multifamily property is currently configured as a 4-unit building on a prominent corner lot. The basement is partially finished and offers space described as having two possible in-law unit options. The property is fully vacant, and it is being sold as-is, with the condition making it well-suited for a buyer planning renovation or repositioning. Construction and layout are intended to support future design and permitting decisions, including work associated with the basement unit possibilities, subject to zoning, permitting, and municipal approval. The building sits on two PINs, which should be considered as part of the ownership and due diligence process.

Located in Chicago’s Austin neighborhood at 5124 West Kinzie Street, the property’s corner-lot positioning provides visibility and accessibility from more than one side. As a for-sale asset, it is positioned for buyers who prefer to start with a blank slate and align their improvements with applicable regulatory requirements.

For investors, developers, or owner-occupants, the practical draw here is straightforward: a vacant 4-unit brick building with a partially finished basement that may be convertible into two additional in-law units, subject to approvals. Because it is being sold as-is, buyers should expect to conduct their own inspections, due diligence, and verification of all information before planning renovations or unit configuration changes.

Key Highlights

  • Brick multifamily built in 1925 on a prominent corner lot in Chicago’s Austin neighborhood
  • Currently configured as a 4‑unit property on two PINs
  • Basement is partially finished with 2 possible in‑law units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Bar & Pub

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

FAQs

What type of property is this?
Quadplex - 4-unit brick multifamily on a prominent corner lot, fully vacant and ready for renovation with basement expansion possibilities.
Where is this quadplex located?
The property is located at 5124 West Kinzie Street Chicago, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Brick multifamily built in 1925 on a prominent corner lot in Chicago’s Austin neighborhood; Currently configured as a 4‑unit property on two PINs; Basement is partially finished with 2 possible in‑law units
More about this property
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