5040 W Patterson Avenue, Chicago, IL 60641

Local realty services provided by:ERA Naper Realty
5040 W Patterson Avenue,Chicago, IL 60641
$499,900
Virtual Tour
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Feb 14
    11:00 am - 12:30 pm
  • Sun, Feb 15
    12:30 pm - 02:00 pm
Listed by: ted kuhlmann
Office: compass
MLS#:12565253
Source:MLSNI

Price summary

  • Price:$499,900

About this home

Bring your vision to this legal 2 unit, with basement option, on a 35x126 lot offering a rare opportunity to create your dream residence or investment property. This large property with great bones is truly a blank canvas, ideal for buyers, builders, or investors looking to customize and add value. Generous room sizes and flexible floor plans featuring a 3 bedroom, 2 bath first floor unit and a 2 bedroom, 1 bath second floor unit, complete with a 3 car garage for ample parking and storage. The lower level has 8' ceilings and another 2 bedroom, 1 bathroom unit. Building hasn't been renovated in awhile, but with improvements can bring in strong rents. Located in the desirable Portage Park/Dunning area, this home is surrounded by neighborhood conveniences including Shabbona Park, local restaurants, coffee shops, grocery stores, and shopping along Irving Park Road and Milwaukee Avenue. Enjoy easy access to public transportation with nearby CTA bus routes and the CTA Blue Line just minutes

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Home facts

  • Year built:1913
  • Listing ID #:12565253
  • Added:1 day(s) ago
  • Updated:February 13, 2026 at 11:43 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Radiant, Steam

Structure and exterior

  • Year built:1913

Schools

  • Middle school:Gray Elementary School
  • Elementary school:Gray Elementary School

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Tax amount:$5,039 (2024)
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