5417 South Damen, Chicago IL 60609
- Units 2
- Total Beds 7
- Total Baths 2
- Taxes $954.59
- Payment Estimate View Mortgage Calculator
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Property Description
** MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE FRIDAY 5/23/25 @ 12PM ** Turnkey 2-Unit with Modern Updates and Huge Upside! Welcome to 5417 S Damen Ave - a beautifully updated and move-in-ready 2-flat with serious income potential and unfinished space waiting to be unlocked! Both units have been thoughtfully refreshed: Unit #1 - 3 bedrooms, 1 bath, freshly painted in 2025, Unit #2 - 4 bedrooms, 1 bath - fresh paint + new stove & fridge (2024). Recent Improvements Include: Brand-new tear-off roof (2024) New rear concrete slab (2025) Furnace + Water Heater (both replaced in 2022) Many windows replaced (2022) One-car garage + extra storage. Gated front yard for added security. Opportunity Awaits: The spacious, unfinished attic is loaded with potential - duplex it with Unit #2 or explore options for adding a third unit (buyer to verify zoning/use). Either way, there's potential for added equity on the table. Great location near public transit, parks, and local amenities. Easy to rent, easy to live in, and even easier to fall in love with. Perfect for: House hackers wanting to live in one unit & rent the other. Investors looking for solid cash flow + long-term appreciation. Value-add buyers ready to capitalize on attic potential. This one has all the big-ticket updates DONE - just move in, rent out, or build more value. Don't wait. Book your showing now before this South Side gem is gone!
Features & Information
Key Details
- List Price $300,000
- Property Taxes $954.59
- Price/ Sq. Ft. Unavailable
- Year Built 1904
- Parking Type Garage
- Status Pending
Rooms
- Total Rooms 11
- Basement N
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 1
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator
- Unit 2 None
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 55th E Or W To Damen N To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 954.59
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20074240050000
Utilities
- Sewer Sewer-Publ
Listed by Edgar Zelaya for eXp Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 6/29/2025 7:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
Mortgage Calculator
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