5837 N Washtenaw AVE, Chicago, IL 60659
5837 N Washtenaw AVE, Chicago, IL 60659
5837 N Washtenaw AVE, Chicago, IL 60659
5837 N Washtenaw AVE, Chicago, IL 60659
5837 N Washtenaw AVE, Chicago, IL 60659
5837 N Washtenaw AVE, Chicago, IL 60659
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Listed by Eray Unsalof xr realty
-
Est. payment | /mo

8 Beds

3,484 Sqft Lot


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-
Est. payment | /mo
Save

8 Beds

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Arcadia Terrace

MLS Listing ID 12668452

Style Brownstone

Bedrooms 8

Year Built 1921

Annual Tax Amount $10,601

Tax Year 2024

Lot Size 3,484 Sqft

Lot Dimensions 30' X 124'

Property Sub-Type Two to Four Units

Property Description

Exceptional value-add opportunity in the highly desirable Peterson Park/West Ridge neighborhood. This legal 3-unit building is being sold AS-IS and offers tremendous upside for investors, developers, or owner-occupants looking to build equity. Over $95,000 in major improvements have already been completed, including a full basement excavation with approximately 7-foot ceiling height, new main support beams, new main sewer line, and separate gas and electric meters for each unit. The basement slab has been intentionally left open, allowing the next owner flexibility to install plumbing and electrical prior to completion. The property currently generates approximately $5,000 per month from two occupied units, providing immediate income while completing renovations. Each unit offers updated baths, newer laminate flooring, 6-panel doors, updated lighting, ceiling fans, refreshed kitchens, and newer vinyl windows throughout. The second-floor kitchen also features a skylight for added natural light. Enjoy a fenced yard with a cement block patio and a 2-car garage. The semi-finished garage includes flooring, faux brick walls, and a loft area, offering great potential for an office, studio, or man cave. Additional features include window A/C units, newer water heaters from 2019, and radiant heat for units 1 and 2. Conveniently located near shopping, Mather Park, and bus routes 84, 11, and 93.

Location

State IL

County Cook

Community Park, Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Partially Finished, Daylight

Interior

Heating Natural Gas, Forced Air, Steam, Radiant

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Tar/Gravel,Flat

Building

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW

Nearby Locations

Tyler Moen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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5837 N Washtenaw AVE

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