Turnkey legal 3-unit building in the heart of desirable Lincoln Square. This fully leased property features three spacious 3-bedroom, 1-bath units, each with central heat and air conditioning, in-unit laundry, and strong rental demand. The building currently generates over $75,000 in annual income, with tenants responsible for all their own utilities. Additional highlights include usable attic space with potential for extra storage or a duplex-up owner’s unit, shared yard space, and a detached 2-car garage currently rented for an extra $100 per month. Situated on an oversized 3,536 sq ft lot and zoned B3-3 within the City’s Transit-Served Location (TSL/TOD) district, this property offers excellent redevelopment potential for the right investor or developer. Ideally located within walking distance to the Brown Line, multiple bus routes, and Lincoln Square’s vibrant shopping, dining, and nightlife.
Property Details
Price:
$850,000
MLS #:
MRD12657825
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chilincolnsquare
Listed Date:
May 27, 2026
Year Built:
1905
See this Listing
Schools
School District:
299
Interior
Heating
Other
Exterior
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Shake
Financial
Maintenance Fee
$1,037
Tax Year
2024
Taxes
$8,840
Map
Community
- Address5117 N Western Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60625
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 17, 2026
1,399
Multi Family Listed
80
Avg DOM
$531,188
Avg List Price
Property Summary
- 5117 N Western Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60625. It is listed for $850,000
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Copyright 2026. All rights reserved.
5117 N Western Avenue
Chicago, IL


