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Updated 3-Unit Triplex
New
For Sale
$530,000

5433 S Millard Avenue, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 5433 S Millard Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking 2
Parking features Off Street, Owned, Off Alley
Subdivision Eldson
Elementary school district 299
Middle school district 299
High school district 299
Directions from Archer Ave Head South on Lawndale to 54th. & left 0n 54th Turn right on Millard to 5433 on Left both address 5433 and 5429 (vacant lot)
Standard status Active
APN 19113330170000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4537

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1903
Building materials Shingle Siding
Listing Agency: Redfin Corporation
Listed By: Stephanie Miller · License #475120371
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 3:06PM
MLS# 12781449

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 three-unit property has updated kitchens and bathrooms, along with newer windows, a roof, furnaces, and air-conditioning units. Plumbing has been replaced throughout the building. Each unit is supported by separate gas and electric meters and a hot water tank.

Built in 1903, the property is served by public water and sewer and has off-street parking. The building and lot are included in the sale, and the property is being sold as is.

Key Highlights

  • Three units in a building constructed in 1903
  • Three gas meters, three electric meters, and three hot water tanks
  • Updated kitchens and bathrooms; newer roof, windows, furnaces, and A/C units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Electrical Service Gym & Fitness Center Accounting Firm (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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,133
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
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?
Triplex - Three gas meters, three electric meters, and three hot water tanks provide separate utility infrastructure.
Where is this triplex located?
The property is located at 5433 S Millard Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Three units in a building constructed in 1903; Three gas meters, three electric meters, and three hot water tanks; Updated kitchens and bathrooms; newer roof, windows, furnaces, and A/C units
More about this property
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