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Legal Two-Flat with Garden Unit
For Sale
$475,000

5730 West Windsor Avenue, Chicago, IL 60630

Legal two-flat on a 37-foot-wide lot with a non-conforming garden unit and garage parking.

Property Size2,139 SF
Price / SF$222.07
Days on Market105

Property Features for 5730 West Windsor Avenue

General Information

Standard status Active
Size 2,139 SF
Total Parking Spaces 1
Property subtype Two to Four Units / 2 Flat

Site & Location

Neighborhood Jefferson Park

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,237

Building Details

Year Built 1912
Listing Agency: Keller Williams ONEChicago
Listed By: Ryan Douglas Wells · License #475155636
Source: Compass
Added: Jul 12 Changed: Oct 23 Last Checked: Oct 23 at 10:13AM

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 Keller Williams ONEChicago

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Investment Insights

Based on property information with market context.

This offering features a legal 2-flat with a non-conforming garden unit, set on a generous 37-foot-wide lot. Garage parking is included, providing on-site off-street convenience for residents.

Located at 5730 West Windsor Avenue in Chicago’s Northwest Side, the property is positioned for transit and daily needs. The remarks cite easy access to CTA bus service and nearby Metra, along with walkable proximity to grocery stores and everyday retail, plus several neighborhood parks within blocks.

Additional income and performance information is available upon request for serious inquiries.

Key Highlights

  • Legal 2‑flat built in 1912 on a 37‑foot‑wide lot
  • Includes a non‑conforming garden unit
  • Garage parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,657
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,140 $713.1K
Cap Rate 7%
$509,386 $509.4K
Cap Rate 9%
$396,189 $396.2K
Market Conditions
NOI Build-Up for 2,139 SF
Gross rent
$53.9K $25.20/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$50.9K $23.81/SF
− OpEx
−$15.3K −$7.14/SF
NOI
$35.7K $16.67/SF
Area
Chicago, IL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,140
Cap Rate 7%
$509,386
Cap Rate 9%
$396,189

Alternative Uses

Best Use
Multifamily LT 5
$509.4K
$445.7K – $594.3K (±1% cap)
NOI $35,657 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$468.4K
$409.9K – $546.5K (±1% cap)
NOI $32,789 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.01M
$882.5K – $1.18M (±1% cap)
NOI $70,597 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,416
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Legal two-flat on a 37-foot-wide lot with a non-conforming garden unit and garage parking.
Where is this duplex located?
The property is located at 5730 West Windsor Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Legal 2‑flat built in 1912 on a 37‑foot‑wide lot; Includes a non‑conforming garden unit; Garage parking included
More about this property
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