5215 W Van Buren Street, Chicago IL 60644
Property Description
Classic Greystone with Former 3-Unit Configuration & Separate Electric Utilities! Set on a peaceful, tree-lined street, this well-maintained Greystone offers exceptional flexibility and a strong investment opportunity. Live in one unit while generating rental income, create a comfortable multi-generational living arrangement, or explore future possibilities. Previously configured as three separate units, the property retains separate electrical service for each unit, offering added versatility for future use, subject to buyer verification and any required municipal approvals. The first-floor and garden units are currently leased together through April 2027, providing immediate rental income, while the upper unit offers additional flexibility for owner occupancy or investment. Inside, you'll find timeless vintage character with soaring 9-10 foot ceilings, beautiful hardwood floors, original millwork, spacious living and dining rooms, multiple kitchens, generous bedroom sizes, and a duplex-down garden level that provides additional living space and versatility. Several major improvements were completed in 2024, including new roofs on the home and garage, a new boiler system, updated flooring, a new fence, and a new garage door, providing added value and peace of mind. With many significant updates already completed, this classic Greystone is ready for its next owner to make it their own. Conveniently located near I-290, CTA transportation, parks, shopping, restaurants, and schools, this is an outstanding opportunity for owner-occupants, investors, or buyers seeking flexible living options.
Features & Information
Key Details
- List Price $429,000
- Property Taxes $4,160
- Status Re-activated
- List Market Time 40
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 3
- Baths 1
- Appliances None
- Rent $1,800/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 04/27
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Microwave
- Tenant Pays Electric,Gas,Heat,Water
- Lease Expires owner
-
Unit 3
- Floor 0
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove
- Tenant Pays All
- Lease Expires 4/27
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property South To Lockwood Ave, North On Van Buren St, Property On Right - Close To Laramie & Van Buren.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4159.9
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 16161190170000
Listed by Wendy Pawlak for Keller Williams Experience | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/5/2026 1:32 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 South Austin
With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.
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