5117 N Western Avenue,Chicago, IL 60625
Chicago, IL 60625
Description
Turnkey legal 3-unit building in the heart of desirable Lincoln Square. This fully leased property features three spacious 3-bedroom, 1-bath units, each with central heat and air conditioning, in-unit laundry, and strong rental demand. The building currently generates over $75,000 in annual income, with tenants responsible for all their own utilities. Additional highlights include usable attic space with potential for extra storage or a duplex-up owner's unit, shared yard space, and a detached 2-car garage currently rented for an extra $100 per month. Situated on an oversized 3,536 sq ft lot and zoned B3-3 within the City's Transit-Served Location (TSL/TOD) district, this property offers excellent redevelopment potential for the right investor or developer. Ideally located within walking distance to the Brown Line, multiple bus routes, and Lincoln Square's vibrant shopping, dining, and nightlife.
Details
| MLS # | 12657825 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1905 |
| Days On Site | 116 |
| Listing Provided By | Triton Realty Group LLC | Lukasz Wojcik |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 |
| Garage | 2 |
| Zoning | MULTI |
| Acreage | 0.07 |
Interior
| Rooms Total | 16 |
|---|---|
| Heating | Other |
Exterior
| Roof | Shake |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Vinyl Siding |
Parking
| Parking Features | Garage Door Opener, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 8839.94 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60625 |
| Area | CHI Lincoln Square |
| Listing VS Median (in 60625) | |
Price: $850,000 low | high Med: $209,000 On site: 116 low | high Med: 46 | |
Market Activity 60625
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60625 |
| Area | CHI Lincoln Square |
| Listing VS Median (in 60625) | |
Price: $850,000 low | high Med: $209,000 On site: 116 low | high Med: 46 | |
