5040 W Patterson Avenue, Chicago, IL 60641
Local realty services provided by:ERA Naper Realty
5040 W Patterson Avenue,Chicago, IL 60641
$509,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: ted kuhlmann
Office: compass
MLS#:12565253
Source:MLSNI
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Price summary
- Price:$509,000
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 away for a convenient commute downtown or to O'Hare. Quick access to the Kennedy Expressway makes travel throughout the city and suburbs a breeze. An exceptional opportunity to renovate, redesign, and make this home your own in a well-established neighborhood....
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Home facts
- Year built:1913
- Listing ID #:12565253
- Added:45 day(s) ago
- Updated:March 30, 2026 at 06:52 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:19
- Basement:Yes
- Basement Description:Full, Partially Finished
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:$509,000
- Tax amount:$5,039 (2024)
Parking
- Total parking spaces:3
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:3
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