Sold

5426 N Western Avenue, Chicago, IL 60625

Beds
7
Baths
3
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass
  • 0
  • 0

Overview

Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting - ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner's unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 - demonstrating strong rental potential. Unit #2 (3BR/1BA simplex) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, keyless entry throughout, radon mitigation system installed 2025, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago's beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living - an exceptional opportunity in a highly desirable location!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Number of bathrooms
3
Lot size (acres)
0.08
Year built
1924

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Forced air, Baseboard
Sewer
Public sewer
Water
Public

Estimated monthly costs

Electricity
$30
Insurance
$200

Taxes

Tax Annual Amount (2024)
$17,479

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12571983 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.