BEDS0
BATHS
MLS#12770165
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
FULL-BRICK 5-UNIT MULTI FAMILY INVESTMENT - NEAR DOWNTOWN OAK PARK - Rare opportunity to own a meticulously maintained, full-brick 5-unit apartment building on a quiet residential street, just over one mile from vibrant Downtown Oak Park and approximately eight miles from Downtown Chicago. This well-maintained multifamily property offers five spacious units, strong rental appeal, and excellent investment potential. Each apartment features generous living space and functional floor plans designed to appeal to today's renters. Property Highlights: Full-brick construction - 5 spacious apartment units - Private parking lot with up to 7 vehicles - On-site coin-operated laundry with additional income potential - Separate hot water tanks for each unit - Well-maintained building and grounds - Quiet residential location near Downtown Oak Park - Close to shopping, dining, parks, public transportation, and Chicago. The owner currently pays heat for four of the five units, along with common-area electric, water, insurance, and real estate taxes. The garden unit tenant pays their own utilities. With its solid brick construction, oversized apartments, off-street parking, and desirable location, this property offers an excellent opportunity for investors looking to expand their portfolio or acquire their first multifamily property. A rare combination of location, functionality, and long-term investment potential.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.10 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $4,642
Year Built: 1960
Feature Descriptions
Current Use: Multi-Family
Exterior: Brick, Concrete, Steel Siding, Stone
Foundation: Concrete Perimeter
HVAC: Hot Water, Baseboard
Location: In City Limits
Lot Dimensions: 38 X 125
Parcel#: 16093130860000
Parking: 1-5 Spaces
Tenant Pays: Electricity
Units: 5
Listed By / Shown By
Listed By
Agency Name: john greene, Realtor
Agency Phone: 630-820-6500
Shown By
Agent Name: Mike Weerda
Agent Phone: (815) 985-2895
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,392.93 per month $1,885.06 Principal & Interest $386.83 Property Tax $121.04 Homeowner's InsuranceChange Payment Information
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5220 W Washington Boulevard | MLS# 12770165
This multi-family property located at 5220 W Washington Boulevard, Chicago, IL 60644 is currently listed for sale with an asking price of $415,000. Search Chicago real estate on mweerda.gogambino.com today.