5117 North Western, Chicago IL 60625
- Units 3
- Total Beds 9
- Total Baths 3
- Taxes $8,839.94
- Payment Estimate View Mortgage Calculator
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Property Description
Turnkey legal 3-unit building in the heart of desirable Lincoln Square. This fully leased property features three spacious 3-bedroom, 1-bath units, each with central heat and air conditioning, in-unit laundry, and strong rental demand. The building currently generates over $75,000 in annual income, with tenants responsible for all their own utilities. Additional highlights include usable attic space with potential for extra storage or a duplex-up owner's unit, shared yard space, and a detached 2-car garage currently rented for an extra $100 per month. Situated on an oversized 3,536 sq ft lot and zoned B3-3 within the City's Transit-Served Location (TSL/TOD) district, this property offers excellent redevelopment potential for the right investor or developer. Ideally located within walking distance to the Brown Line, multiple bus routes, and Lincoln Square's vibrant shopping, dining, and nightlife.
Features & Information
Key Details
- List Price $850,000
- Property Taxes $8,839.94
- Price/ Sq. Ft. Unavailable
- Year Built 1905
- Parking Type Garage
- Status New
Rooms
- Total Rooms 16
- Basement N
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding
- Foundation Concrete
- Heating & Cooling Other
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property On Western Between Lawrence And Foster
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 8839.94
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 14073030020000
Utilities
- Sewer Sewer-Publ
Listed by: Triton Realty Group LLC | Phone: 312.788.9379
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/30/2026 7:02 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 Ravenswood
Filled with gigantic trees, spacious lawns, and old renovated homes, the Ravenswood neighborhood is a lovely place to get away from hectic city life, while remaining in the middle of a thriving community that has it all. One of Ravenswood's (or Lincoln Square's, depending on who you ask) crowning glories is the Old Town School of Folk Music. It originated in Old Town, but the performance venue (which has hosted the likes of Joni Mitchell) was moved up to Ravenswood in recent years and continues to produce great folk shows. A slew of Ravenswood cafés and taverns also welcome live music and the occasional comedy act, in addition to supplying the bulk of neighborhood nightlife. On the dining front, a long list of excellent restaurants has made a blip on Chicago's culinary radar. Romantic French bistros, trendy sushi bars, unforgettable Italian pasterias, and satisfying American diners cover any mood or craving with style and masterfully prepared meals.
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