$550,000

Multi Unit Chicago United States

  • Updated: September 11
  • MLS#12573480

About the Property

Good investment opportunity featuring a classic Chicago 2-flat that has been fully gutted in April 2025, creating a blank canvas for redevelopment. The property is being sold as-is and is construction-ready, with major structural and exterior work already completed. Significant improvements include a brand-new rubber roof with 2-inch insulation (2025), all new brickwork completed in 2025 (interior
Good investment opportunity featuring a classic Chicago 2-flat that has been fully gutted in April 2025, creating a blank canvas for redevelopment. The property is being sold as-is and is construction-ready, with major structural and exterior work already completed. Significant improvements include a brand-new rubber roof with 2-inch insulation (2025), all new brickwork completed in 2025 (interior and exterior), a new porch, all new windows, and new subfloor throughout. The building is currently ready for framing, allowing a new owner to move directly into the next phase of construction. The sale includes blueprints proposing a 9-bedroom, 4-bathroom layout, offering strong future income potential upon completion. An ideal opportunity for investors or developers looking to add value by completing the build-out on a well-located, classic Chicago 2-flat with substantial upfront work already done.
  • Property type

    Other

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3621 W 5th Avenue, Chicago, Illinois, United States View on Google Maps
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Peter Bellert
Illinois, United States
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@properties Christie's International Real Estate - Park Ridge
@properties Christie's International Real Estate - Park Ridge
741 Devon Avenue, 60068, Park Ridge, Illinois, United States
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@properties Christie’s International Real Estate’s Park Ridge South office has proudly served the Park Ridge com

@properties Christie’s International Real Estate’s Park Ridge South office has proudly served the Park Ridge community for more than 20 years.  



Nestled in a neighborhood known for its tree-lined streets, historic homes, and strong sense of community, the office is an environment where both clients and agents feel supported, valued, and connected.  



With a company culture built on kindness and collaboration, Park Ridge South ensures every transaction is handled with care and expertise. 



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Last updated
September 11
First listed
Sep 11
Agent licence
Listing reference
MRED12573480
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