5837 N Washtenaw Ave

Chicago, IL 60659
  • $649,900

    Price
  • 7

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 88217 - 1014886

Attention Investor and Rehabbers, 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, the basement has an 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. 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.

Listing Highlights

Status Active
Days on Site 30
Property Type Multi-Family
MLS ® 12679368
Year Built 1921
Total Square Footage 0
Lot/Acreage 0.08
County Cook
Neighborhood Arcadia Terrace
School District 299

Interior Details

  • Bedrooms: 7
  • Bathrooms: 2 Full
  • Appliances: TV-Dish,TV Antenna,CO Detectors,Ceiling Fan(s),Multiple Water Heaters
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Steam,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Daylight
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 30' X 124'
  • Zoning: MULTI
  • Roof: Tar/Gravel,Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $10,601
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13014100080000
  • Tax Year: 2024

Payment Calculator

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Questions About..

5837 N Washtenaw Ave Chicago, IL 60659

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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