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5-Unit Apartment Building with Parking
New
For Sale
$415,000

5220 W Washington Boulevard, Chicago, IL 60644

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market2

Property Features for 5220 W Washington Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 1
Basement Exterior Entry
Directions Washington W or E to Laramie to 5220 West
Subdivision CHI - Austin
Standard status Active
APN 16093130860000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4642

Amenities

on-site coin-operated laundry

Building Details

Year built 1960
Floors in Building 2
Number of units 5
Building materials Brick, Concrete, Steel Siding, Stone
Roof type Rubber
Listing Agency: john greene, Realtor
Listed By: Mine Beevis
Added: Sep 25 Changed: Sep 26 Last Checked: Sep 26 at 4:06AM
MLS# 12770165

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.

This apartment building contains five units and was built in 1960. The property includes a private parking area with capacity for up to seven vehicles, coin-operated laundry, and a separate hot water tank for each apartment. Construction materials listed for the building include brick, concrete, steel siding, and stone; the roof is rubber.

The property sits just over one mile from Downtown Oak Park and approximately eight miles from Downtown Chicago. The site measures 0.1 acres. The owner pays heat for four units, along with common-area electric, water, insurance, and real estate taxes; the garden-unit tenant pays their own utilities.

Key Highlights

  • Five‑unit apartment building constructed in 1960
  • Private parking accommodates up to 7 vehicles
  • Coin‑operated laundry on site

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Dental Office (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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,132
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Coin-operated laundry and separate hot water tanks add practical features to this multifamily property.
Where is this apartment building located?
The property is located at 5220 W Washington Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Five‑unit apartment building constructed in 1960; Private parking accommodates up to 7 vehicles; Coin‑operated laundry on site
More about this property
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