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5546 N Austin Ave
Multi-Family
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$630,000

5546 N Austin Ave, Chicago

47% below median
4 bd·2 ba·0 sqft
Built 1929Norwood Park

5546 N Austin Ave, Chicago, IL

4 bd · 2 ba · 0 sqft Multi-Family listed at $630,000, built in 1929 in the Norwood Park neighborhood.

About this home

Meticulously maintained and updated, this brick two-flat in sought-after Gladstone/Jefferson Park is perfect for both owners and investors. Each sunny unit offers 2 bedrooms, 1 bath, classic architectural details, and an enclosed porch with access to the yard, basement, and detached garage. Bright, move-in-ready interiors feature hardwood floors, spacious living and dining rooms, decorative fireplaces with built-ins and spacious primary bedrooms with walk-in closets. Both eat-in kitchens are updated with walk-in pantry closets, newer appliances and gas stoves with vented hoods (the 2nd floor was remodeled with quartz counters & maple cabinets). The stylish bathrooms are also redone; the second-floor bath is totally remodeled. Each floor features an enclosed porch/ sunroom, adding versatile space for exercise, a playroom, or whatever suits your lifestyle. An unfinished, dry basement offers great potential for added living space, storage, and a laundry area with double sinks. Outside, enjoy a fenced, landscaped yard with a patio-ideal for relaxing or entertaining. This versatile layout is ideal for multi-generational living or rental income potential and is packed with updates including a newer roof (2021), refinished floors, newer appliances, Pella windows, and much more. Ideally located in sought-after Gladstone Park, it is very close to Hitch Elementary School and under a mile to Taft High School. Enjoy easy expressway access plus Metra train & bus service at the end of the block for effortless commuting. Everyday conveniences are close by, including shopping, dining plus several nearby parks for outdoor recreation. A prime location offering neighborhood charm, amenities and near Chicago public transit. Don't miss this turnkey investment property!

Property details

Price
$630,000
Bedrooms
4
Bathrooms
2
Year built
1929
Type
Multi-Family
Days on market
38
Est. property tax
$13,104/yr · $1,092/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($126,000)
Interest rate6.75%
Principal & Interest$3,269
Property Tax$578
Insurance$150
Total$3,996/mo

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Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60630)

Median age is 40.6; 29% hold a bachelor's degree; 68% of homes are owner-occupied; median household income is $91,135.

Median income
$91,135
Median age
40.6
Owner-occupied
67.6%
Bachelor's degree
28.8%
Census median home value
$358,000

Source: US Census Bureau American Community Survey 5-year estimates.

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