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

5433 S Millard Avenue, Chicago, IL 60632

Separate gas and electric meters, hot water tanks, and building systems serve each unit.

Property SizeContact for details
Days on Market5

Property Features for 5433 S Millard Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Site & Location

Neighborhood West Elsdon
Public Transit Yes

Units

Multifamily Units 3
Individually Metered Utilities electricity, gas

Taxes and HOA fees

Annual Taxes $4,536

Building Details

Year Built 1903
Buildings 1
Listing Agency: Redfin Corporation
Listed By: Stephanie Miller · License #475120371
Source: Fishmangroup
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:10PM

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 Redfin Corporation

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Investment Insights

Based on property information with market context.

This three-unit triplex, built in 1903, has updated kitchens and bathrooms, newer windows, furnaces, and air-conditioning units. Plumbing has been replaced throughout, and a newer roof is among the building improvements. Each unit has a separate gas meter, electric meter, and hot water tank.

The property is near schools, shopping, restaurants, the Blue Line, and CTA transportation. The sale includes the building and lot, and the property is being sold as is.

Key Highlights

  • Three‑unit building with separate gas and electric meters for each unit
  • Three hot water tanks
  • New plumbing throughout

Property Analytics

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Lease Details

3
Residential units

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate gas and electric meters, hot water tanks, and building systems serve each unit.
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‑unit building with separate gas and electric meters for each unit; Three hot water tanks; New plumbing throughout
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