5641 N Austin Avenue, Chicago, IL 60646

Local realty services provided by:ERA Partners
5641 N Austin Avenue,Chicago, IL 60646
$549,999
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: benjamin geerts, andrew tsoukalis
Office: @properties christie's international real estate
MLS#:12732399
Source:MLSNI

Price summary

  • Price:$549,999

About this home

Rare opportunity to own a beautifully maintained two-flat in the heart of Gladstone Park! Owned by the same family for over 60 years, this pride-of-ownership property combines classic Chicago charm with numerous updates and strong income potential. Property being sold as-as. Both units have been thoughtfully refreshed, making this a truly turnkey opportunity for investors and owner-occupants alike. Major improvements include newer windows, roof, siding, gutters, downspouts, furnace, central air, updated kitchens, and recent interior paint. The second-floor unit was extensively updated in 2022 with new flooring, cabinetry, carpeting, and fresh paint, while the first-floor unit was repainted in 2025. The property features two well maintained units with tenants already in place, providing immediate rental income from day one. Both leases are currently month-to-month, offering future owners flexibility while benefiting from an established income stream. The first-floor unit has use of a...

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Home facts

  • Year built:1926
  • Subdivision & Development:Gladstone Park
  • Listing ID #:12732399
  • Updated:August 25, 2026 at 12:44 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:11
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1926
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Taft High School
  • Middle school:Hitch Elementary School
  • Elementary school:Hitch Elementary School

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,999
  • Tax amount:$8,925 (2024)

Features and amenities

  • Amenities:Sump Pump

Parking

  • Total parking spaces:2
  • Parking description:Off Alley
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior