3619 W 5th Ave., Chicago, IL 60624

3619 W 5th Ave., Chicago, IL 60624
Photo 1 of 20
$400,000
Beds Baths Sq. Ft. Taxes Built
11 0.00 0 $7,057.98 1906
On the market: 0 days

Est. Monthly Payment:

$2,983($2,395 + $588 taxes*)

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APPROVED
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Good investment opportunity featuring a classic Chicago 2-flat offering a total of 11 bedrooms and 5 bathrooms with strong income potential and value-add upside. The property includes two main units plus a garden-level in-law setup, making it well suited for investors seeking flexible rental options. The 1st floor unit features 4 bedrooms and 2 bathrooms and is currently leased at $2,150 per month on a 12-month lease. The 2nd floor unit offers 5 bedrooms and 2 bathrooms and is currently vacant, with an estimated rent of $2,700 per month. The garden level includes an in-law arrangement with a separate entrance, featuring 2 bedrooms and 1 bathroom; it is also vacant and projected to generate approximately $1,600 per month. Recent updates include updated kitchens and one bathroom in both the 1st and 2nd floor units (2025). The 1st floor unit shares a furnace with the garden level, replaced in 2024, while the 2nd floor unit has a separate furnace. Additional improvements include PVC and copper plumbing, mostly rigid electrical, a brand-new rubber roof with 2-inch insulation (2025), and all brickwork completed in 2025. A solid building with updated systems, flexible leasing options, and immediate upside through lease-up - ideal for investors looking to maximize returns.
Listing courtesy of Peter Bellert, @properties Christies International Real Estate