5724 W Lake St., Chicago, IL 60644

5724 W Lake St., Chicago, IL 60644
Photo 1 of 31
$475,000
Beds Baths Sq. Ft. Taxes Built
9 0.00 0 $5,486
On the market: 3 days

Est. Monthly Payment:

$3,301($2,844 + $457 taxes*)

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APPROVED
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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!
Listing courtesy of Scott Siegel, Chicago Real Estate Authority