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5028 W Lawrence Ave
Multi-Family
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$570,000

5028 W Lawrence Ave, Chicago

52% below median
4 bd·2 ba·0 sqft
Built 1913Jefferson Park

5028 W Lawrence Ave, Chicago, IL

4 bd · 2 ba · 0 sqft Multi-Family listed at $570,000, built in 1913 in the Jefferson Park neighborhood.

About this home

Welcome to this beautifully renovated 2-unit building in the desirable Jefferson Park/Mayfair neighborhood. Perfect for investors or owner-occupants, this property offers two updated units with thoughtful design and modern finishes. The first-floor unit features 2 bedrooms and 1 bathroom, with a bright and open living area that flows seamlessly into the updated kitchen, complete with sleek appliances and ample counter space. The spacious bathroom includes a dual-sink vanity and a relaxing tub/shower combination. With direct access and no stairs, this unit is ideal for easy, step-free living. The all-new second-floor unit also offers 2 bedrooms and 1 bathroom, highlighted by gleaming hardwood floors, recessed lighting, built-in shelving, a decorative fireplace, and a separate formal dining room. The eat-in kitchen is a standout, featuring granite countertops and stainless steel appliances. A bonus den provides flexible space for an office, playroom, or reading nook. Each unit has its own in-unit laundry, central heating and cooling, and access to a shared yard with a new privacy fences and sliding gates for parking (four cars, two tandem). The roof was replaced in 2024. Tenants pay all utilities except water, making this a smart investment opportunity. Conveniently located near grocery stores, the Blue Line, Metra, and easy access to the 90/94 Expressways, this turnkey building offers the perfect blend of comfort, style, and location. Don't miss out on this exceptional property!

Property details

Price
$570,000
Bedrooms
4
Bathrooms
2
Year built
1913
Type
Multi-Family
Days on market
54
Est. property tax
$11,856/yr · $988/mo · 2.08% IL avg
Last sold
$320,000 · Aug 2024

Estimated monthly payment

Down payment20% ($114,000)
Interest rate6.75%
Principal & Interest$2,958
Property Tax$523
Insurance$150
Total$3,630/mo

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Price history

$671K$306K$-59K$335K on Oct 07 (Sold)$360K on Nov 09 (Initial list)$360K on Nov 09 (Price change)$360K on Nov 09 (Relisted)$339K on May 10 (Price change)$339K on Jul 10 (Price change)$460K on May 22 (Initial list)$445K on Jul 22 (Price change)$445K on Oct 22 (Price change)$449K on Jul 23 (Initial list)$425K on Sep 23 (Price change)$375K on Apr 24 (Initial list)$320K on Jul 24 (Sold)$610K on Mar 25 (Initial list)$2K on Apr 25 (Price change)$2K on May 25 (Price change)$585K on Jun 25 (Initial list)$580K on Sep 25 (Initial list)$575K on Oct 25 (Initial list)$2K on Nov 25 (Price change)$570K on Mar 26 (Initial list)
$335K · Oct 07$570K · Mar 26
  1. Mar 2, 2026$570,000Initial list price
  2. Nov 26, 2025$2,200Price change
  3. Oct 28, 2025$575,000Initial list price
  4. Sep 2, 2025$580,000Initial list price
  5. Jun 23, 2025$585,000Initial list price
  6. May 3, 2025$2,250Price change
  7. Apr 17, 2025$2,250Price change
  8. Mar 19, 2025$610,000Initial list price
  9. Jul 31, 2024$320,000Sold
  10. Apr 30, 2024$375,000Initial list price
  11. Sep 8, 2023$425,000Price change
  12. Jul 31, 2023$449,000Initial list price
  13. Oct 16, 2022$445,000Price change
  14. Jul 25, 2022$445,000Price change
  15. May 1, 2022$460,000Initial list price
  16. Jul 16, 2010$339,000Price change
  17. May 3, 2010$339,000Price change
  18. Nov 18, 2009$359,900Relisted
  19. Nov 15, 2009$359,900Price change
  20. Nov 3, 2009$359,900Initial list price
  21. Oct 9, 2007$335,000Sold

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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