For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $326,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12530629
Sold Date 04/17/26
Bedrooms 9
Annual Tax Amount $5,486
Tax Year 2023
Lot Dimensions 40 X 177
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - Austin
Rooms
Basement Unfinished, Full, Daylight
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Frame, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Bryant Triplett of RE/MAX 10
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION