5033 W Washington Boulevard, Chicago, IL 60644

Local realty services provided by:Results Realty ERA Powered
5033 W Washington Boulevard,Chicago, IL 60644
$630,000
  • 10 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: peter drossos
Office: peter drossos real estate
MLS#:12564881
Source:MLSNI

Price summary

  • Price:$630,000

About this home

How would you like to own this perfectly rehabbed 3-unit building for just $777 per month? It is very possible. It is also very simple. You can obtain an owner-occupied conventional loan with only a 5% down payment and then use the $3,730 per month rental income that this building generates to reduce your monthly mortgage payment. Your mortgage payment is about $4,507 per month with a 5% down payment (or $31,500) based on a 6.125% interest rate as of 2/10/2026 at a $630,000 purchase price; this payment of $4,507 per month includes property taxes, homeowner's insurance and mortgage insurance. This brings your payment to just $777 per month (or $4,507 minus $3,730). And, the better part? This building is practically brand new with City of Chicago plans and permits. There is nothing to fix. And, the best part? Notice all the new construction in the area! Simply stated, this property has two strategies. First, you can live in one unit and rent out the other two units. Second,

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Home facts

  • Year built:1911
  • Listing ID #:12564881
  • Added:1 day(s) ago
  • Updated:February 11, 2026 at 12:41 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1911
  • Lot area:0.1 Acres

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$630,000
  • Tax amount:$5,826 (2024)
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