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5029 W Altgeld St
Multi-Family
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$679,500

5029 W Altgeld St, Chicago

42% below median
6 bd·3 ba·0 sqft
Built 1921Cragin

5029 W Altgeld St, Chicago, IL

6 bd · 3 ba · 0 sqft Multi-Family listed at $679,500, built in 1921 in the Cragin neighborhood.

About this home

INCREDIBLE OPPORTUNITY TO OWN THIS REMODELED ALL BRICK 2-FLAT IN RAPIDLY APPRECIATING BELMONT CRAGIN NEIGHBORHOOD. BUILDING WAS PRACTICALLY GUTTED ABOUT 12 YEARS AGO. ROOF, WINDOWS, FLOORING, ELECTRICAL, MOST PLUMBING AND COSMETIC FINISHES WERE ALL REPLACED. RECENTLY REMODELED KITCHENS FEATURE QUARTZ COUNTERS, BACKSPLASH, CHERRY COLORED CABINETS AND APPLIANCES ARE NEWER AND ALL INCLUDED. SPACIOUS BEDROOMS WITH TANDEMS ON 1ST AND 2ND FLOOR THAT CAN BE USED AS AN OFFICE/PLAYROOM EXTRA BEDROOM. EACH UNIT HAS LARGE PANTRIES AND ENCLOSED PORCHES. 3 FURNACES, 3 ELECTRIC BOXES 3 WATER HEATERS, 3 AC CONDENSORS ALL UNDER 2 YEARS. ALL SEPERATE UTILITIES. GOOD TENANTS AND GOOD RENTS COMING IN. COMPLETELY FINISHED BASEMENT HAS 2 SEPERATE ENTRANCES, CAN LIGHTS, MODERN GREY CERAMIC TILES AND BEAUTIFUL FINISHES IN THE SUMMER KITCHEN WHICH FEATURES WHITE QUARTZ COUNTERS AND 2 TONE-STYLE CABINETS. GORGEOUS REMODELED BATHROOM. DRY BASEMENT, GREAT CEILING HEIGHT. 2 SUMP PUMPS AND DRAIN TILES. ALL CONCRETE STEPS AND ALL SIDEWALKS FRONT BACK HAVE BEEN RECENTLY DONE. TUCKPOINTING WAS DONE 3 YEARS AGO. NICE BACK YARD OFFERS A GOOD AMOUNT OF GRASSY AREA, 2.5 GARAGE AND CARPORT. DONT LET YOUR CLIENTS MISS OUT ON THIS GREAT OPPORTUNITY. THIS BUILDING IS A 10 OUT OF 10.

Property details

Price
$679,500
Bedrooms
6
Bathrooms
3
Year built
1921
Type
Multi-Family
Days on market
31
Est. property tax
$14,134/yr · $1,178/mo · 2.08% IL avg
Last sold
$455,000 · Apr 2024

Estimated monthly payment

Down payment20% ($135,900)
Interest rate6.75%
Principal & Interest$3,526
Property Tax$623
Insurance$150
Total$4,299/mo

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Price history

$705K$552K$400K$425K on Mar 24 (Initial list)$455K on Apr 24 (Sold)$680K on Mar 26 (Initial list)
$425K · Mar 24$680K · Mar 26
  1. Mar 26, 2026$679,500Initial list price
  2. Apr 23, 2024$455,000Sold
  3. Mar 18, 2024$425,000Initial list price

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.

Location

Map of 5029 W Altgeld St, Chicago
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Home Intelligence

Neighborhood (zip 60639)

Median age is 35.5; 10% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $54,969.

Median income
$54,969
Median age
35.5
Owner-occupied
47.5%
Bachelor's degree
10.3%
Census median home value
$279,400

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

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