5005 W Chicago Avenue Chicago, IL 60651

Up to $20,000 available towards purchase costs for owner occupants. 3 unit Multifamily Home in Austin!!! Fantastic investment opportunity! OR, a spacious home for your family! This recently renovated, beautiful 3-unit multifamily building in the hot Austin market is your answer! With a cap rate ...between 8-12%, this property promises excellent returns. Property Highlights: Units: Top Floor & Basement: 2 bedrooms, 1 full bathroom each Main Floor: 3 bedrooms, 1 full bathroom The basement, is considered a third unit by the Cook County Assessor or it can serve as a roomy duplex "as is" in addition to the second unit. You can add a kitchenette or extend the pipes out for a full kitchen! Renovations & Upgrades: New roof, water heaters, furnaces, siding, windows, doors, etc. Upgraded plumbing and electric, all city inspections approved for rough AND finish with no building violations found. New hard wood flooring for stairs, brand new fixtures & vanities, canned & LED lighting Additional Features: Laundry/storage room in basement. Front yard ready for gardening and planting. Cute, enclosed porch area on the top & main floor. Great location for public transport-super close to downtown Chicago & Humboldt Park, with a bus stop just steps away and shopping complexes, library and strip mall just minutes away. Investment Potential: This property is ideal for strong rents or as a spacious home for living with family or friends. Great news! Why Choose This Property? 3 unit or 2 unit plus duplex, easy move in for rentals or home ownership. Spacious & modern. Cap rate between 8-12%. City inspected & successfully passed. Prime location with excellent access to public transportation, activities and amenities. Close to Oak park, downtown, Humboldt park, etc. Continue reading