Listing provided courtesy of Triton Realty Group LLCMREDas Distributed by MLSGrid- MLS# 12657825
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Request Info5117 N Western AvenueChicago, IL 60625
Multi-Family · 9 Beds · 0.07 Acres$850,000
Active
5117 N Western Avenue Overview
- Time on Site:
- 33 days
- Visits:
- 1
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.
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5117 N Western Avenue Facts & Features
- Type Multi-Family
- Lot 0.07 Acres
Details
General
School Information
- School District: 299
Income/Expenses
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 74040
- Maintenance Expense: 1037
- Trash Expense: 0
- Water Sewer Expense: 1522
Building Information
- New Construction: No
- Year Built: 1905
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Square
- Township: Jefferson
Tax Information
- Tax Annual Amount: $8,839.94
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 14073030020000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 0
- Garage Spaces: 2
Beds/Baths
- Bathrooms Total: 3
- Bedrooms Total: 9
- Bedrooms Possible: 9
- Full Baths Building: 3
General Information
- Basement: None
- Foundation Details: Concrete Perimeter
- Heating: Other
- Rooms Total: 16
Exterior
Parking Information
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Parking Total: 2
Lot Information
- Lot Size Dimensions: 34X104
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding
- Roof: Shake
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 1865
- Beds Total: 3
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 2150
- Beds Total: 3
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 2155
- Beds Total: 3
- Baths Total: 1
5117 N Western Avenue Neighborhood
Community
60625 (Chicago) Demographics
35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5117 N Western Avenue Monthly Cost
5117 N Western Avenue Market Data
Based on the last 30 days in this zip code
$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
5117 N Western Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/1/2026Source: MRED | Active |
|
| 5/27/2026Source: MRED | May 27, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 6/20/2022Source: MRED | January 27, 2022 |