Chicago, IL 60644 5724 W LAKE Street
$475,000



26 more


























Presented By: Chicago Real Estate Authority
Home Details
TALE OF THE TAPE: 5724 W. Lake Street is a massive 9/3 2-unit located in super-hot West Austin; on the precipice of Oak Park! This jumbo 2-flat sits on an over-sized 40' x 177' lot and has a 3/1 simplex on the first floor and a large 6/2 duplex up. The property has recently been fully upgraded and needs only light cosmetic work to be put back into service! Patch & paint, refinish hardwood floors, clean and you're good to go! There are two newer GFA/ACs and hot water heaters, in-unit and basement laundry and a brand new 2-car garage plus parking pad in the rear. This property is perfect for the live-in owner looking to defer occupancy costs or an astute investor. Area comps support $550K and GPI of over $4,000 per month...that's a stout 10 cap!
Presented By: Chicago Real Estate Authority
Interior Features for 5724 W LAKE Street
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Full, Daylight
Total Number of Units2
General for 5724 W LAKE Street
CityChicago
Construction MaterialsFrame
CountyCook
DirectionsLAKE ST. EAST OR WEST TO SUBJECT
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
MLS AreaCHI - Austin
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount5486
Tax Year2023
Total Rooms13
TownshipWest Chicago
Exterior for 5724 W LAKE Street
Foundation DetailsConcrete Perimeter
Lot Dimensions40 X 177
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 3,100