Chicago, IL 60630,5633 N Austin AVE
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Chicago, IL 60630,5633 N Austin AVE
Chicago, IL 60630,5633 N Austin AVE
Chicago, IL 60630,5633 N Austin AVE
Chicago, IL 60630,5633 N Austin AVE

$455,000

Est. payment /mo

$450,000

1.1%
Est.Price: ?

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5633 N Austin AVE Chicago, IL 60630

4 Beds

2 Baths

3,920 Sqft Lot

SOLD DATE : 11/03/2023

Key Details

Sold Price $455,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11813585

Bedrooms 4

Year Built 1925

Annual Tax Amount $7,244

Tax Year 2021

Lot Size 3,920 Sqft

Property Sub-Type Two to Four Units

Property Description

Welcome to 5633 N Austin Ave, a charming and well-maintained 2-unit building located on a 30' wide lot in vibrant Jefferson Park. This property presents an excellent opportunity for investors or multi-generational families seeking a comfortable and versatile living space. A fantastic investment property in the family since 1972. Both units offer spacious and inviting layouts. Upon entering each, you'll be greeted by a bright and airy living area with beautiful hardwood floors, perfect for relaxing or entertaining guests. Each home features 2 bedrooms and 1 bathroom, providing ample space for a growing family or accommodating roommates. The kitchens are thoughtfully designed with functionality in mind and newer modern LVT flooring. Additionally, there is access to a private backyard, ideal for outdoor gatherings and activities. Conveniently situated in the Jefferson Park neighborhood, this property benefits from its prime location in Chicago. Residents will appreciate the proximity to various amenities, including shops, restaurants, parks, and schools (across the street from the elementary school!), all within a short distance. Easy access to public transportation and major highways, allowing for seamless travel throughout the city and beyond. Only 15 minutes to O'Hare and 20 minutes to Downtown! Investment Potential: With its dual-unit setup, this building presents an attractive investment opportunity. The ability to generate rental income from both units provides a steady cash flow potential. Alternatively, occupying one unit while renting out the other can help offset mortgage costs. The strong demand for rental properties in this desirable location ensures a favorable return on investment. New Boiler 12/2019, Electrical panels 11/2020, Water heater 2018, Roof 2017, windows 2010, walls insulated 2008, copper piping. Hardwood floors refinished and LVT in kitchen 2019, various updates to apartments 2019-2021. Garage being conveyed As Is. Needs work, currently used for storage.

Location

State IL

County Cook

Area Chi - Jefferson Park

Zoning MULTI

Interior

Heating Steam

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Lot Description Fenced Yard

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

School District 299 , 299, 299

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Loreal Urso • Dream Town Real Estate
Bought with Diane Laborde-Delgado • Baird & Warner
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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