5500 W Lake ST, Chicago, IL 60644
5500 W Lake ST, Chicago, IL 60644
5500 W Lake ST, Chicago, IL 60644
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$1,650,000
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5500 W Lake ST Chicago, IL 60644

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12680755

Maintenance Fees $1,000

Year Built 1964

Annual Tax Amount $14,551

Tax Year 2023

Lot Dimensions 50X130

Property Sub-Type Multi Family 5+

Property Description

11 unit building which offers comfortable living on the West Side-less than half a mile from Oak Park. This unique and rare investment opportunity features 11 spacious, cozy units, each thoughtfully designed with one separate bedroom, a large living room suitable for a living/dining room combination, one bathroom, a kitchen, hall closet, and a private furnace room. New flooring and freshly painted with newer appliances throughout the building. Some units have new furnaces. This property offers far more than expected, including excellent access to public transportation with the Green Line train and bus just steps away. Tenants will also enjoy proximity to Levin Park, convenient street parking, and five exterior parking spaces-providing added convenience and the potential for additional income. The property also includes an area ideal for coin-operated laundry and individual storage units. This can also be an additional residential unit. Property is presently empty and being sold "As-Is". Units are all ready to rent.

Location

State IL

County Cook

Area Chi - Austin

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Heriberto Ruiz of  R4 Commercial Real Estate Solutions 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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5500 W Lake ST

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