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Updated Triplex with Parking
For Sale
$425,000

5513 W Cortez Street, Chicago, IL 60651

Three-level multifamily property with updated kitchens, roof, and on-site parking.

Property SizeContact for details
Days on Market18

Property Features for 5513 W Cortez Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,889

Amenities

unfinished attic

Building Details

Year Built 1908
Buildings 1
Listing Agency: RE/MAX LOYALTY
Listed By: Luz Gutierrez Garcia
Source: Cavanaghrealty
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 30 at 5:33PM

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 RE/MAX LOYALTY

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes two upper floors with 3 bedrooms and 1 bath each, while the lower level contains 2 bedrooms and 1 bath. Improvements include updated kitchens, a newer roof, and a concrete parking slab accommodating up to 3 cars. An unfinished attic adds interior storage space.

Located in Chicago’s Austin neighborhood, the property carries MULTI zoning and was built in 1908. The current ownership period extends over 30 years.

Key Highlights

  • Three‑unit layout with 3 bedrooms and 1 bath on each of the first two floors
  • Lower level includes 2 bedrooms and 1 bath
  • Updated roof and kitchens

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-level multifamily property with updated kitchens, roof, and on-site parking.
Where is this triplex located?
The property is located at 5513 W Cortez Street Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑unit layout with 3 bedrooms and 1 bath on each of the first two floors; Lower level includes 2 bedrooms and 1 bath; Updated roof and kitchens
More about this property
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