Updated Two-Unit
For Sale
$549,999
5641 N Austin Ave, Chicago, IL 60646
Tenant-occupied duplex with month-to-month leases and extensive system, exterior, and interior improvements.
Property SizeContact for details
Days on Market8
Property Features for 5641 N Austin Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1926
Listing Agency:
Coldwell Banker Realty
Listed By:
Jamie Decker · License #475182031
(888) 574-9405
Source:
Dealwithdecker
Added: Aug 26
Changed: Aug 31
Last Checked: Sep 1 at 5:58PM
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.
Built in 1926, this two-unit duplex includes tenants in place under month-to-month leases. The property has received extensive updates, including newer windows, roof, siding, gutters, downspouts, furnace, central air, kitchens, and interior paint. The first-floor unit also includes use of a finished recreation room and bathroom.
The second-floor residence received flooring, cabinetry, carpeting, and paint updates in 2022, while the first-floor unit was repainted in 2025. Located at 5641 N Austin Ave in Chicago’s Gladstone Park area, the property offers access to the Kennedy Expressway, Metra, parks, restaurants, shopping, and everyday services.
The second-floor residence received flooring, cabinetry, carpeting, and paint updates in 2022, while the first-floor unit was repainted in 2025. Located at 5641 N Austin Ave in Chicago’s Gladstone Park area, the property offers access to the Kennedy Expressway, Metra, parks, restaurants, shopping, and everyday services.
Key Highlights
- Two‑unit duplex built in 1926
- Tenants in place with month‑to‑month leases
- Newer roof, windows, siding, gutters, downspouts, furnace, and central air
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 60646, IL
28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with month-to-month leases and extensive system, exterior, and interior improvements.
Where is this duplex located?
The property is located at 5641 N Austin Ave Chicago, IL.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two‑unit duplex built in 1926; Tenants in place with month‑to‑month leases; Newer roof, windows, siding, gutters, downspouts, furnace, and central air
