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5256 W Chicago Ave
Multi-Family
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$324,900

5256 W Chicago Ave, Chicago

72% below median
16 bd·7 ba·0 sqft
Built 19183,601 sqft lotWest Side

5256 W Chicago Ave, Chicago, IL

16 bd · 7 ba · 0 sqft Multi-Family listed at $324,900, built in 1918 in the West Side neighborhood.

About this home

CORNER building! PROPOSED PLANS INCLUDED, of 7 unit apartment building! Plus full height basemen for additional square footage. 3 Private parking spots on property. NEW WINDOWS, NEW ROOF, NEW TUCK POINTING. Building is completely gutted and cleaned out on the interior. Perfect opportunity for investors to complete this project! This building is CURRENTLY a 3 unit building. CASH ONLY! All showing requests must have PROOF OF FUNDS!

Property details

Price
$324,900
Bedrooms
16
Bathrooms
7
Year built
1918
Lot size
3,601 sqft
Type
Multi-Family
Days on market
190
Est. property tax
$6,758/yr · $563/mo · 2.08% IL avg
Last sold
$45,000 · Nov 2017

Estimated monthly payment

Down payment20% ($64,980)
Interest rate6.75%
Principal & Interest$1,686
Property Tax$298
Insurance$150
Total$2,134/mo

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Price history

$408K$210K$12K$80K on Jun 89 (Sold)$335K on Jun 04 (Sold)$45K on Nov 17 (Sold)$375K on Sep 20 (Initial list)$375K on Jul 21 (Price change)$299K on Jul 21 (Initial list)$325K on Aug 25 (Initial list)$325K on Oct 25 (Initial list)
$80K · Jun 89$325K · Oct 25
  1. Oct 18, 2025$324,900Initial list price
  2. Aug 2, 2025$325,000Initial list price
  3. Jul 16, 2021$299,000Initial list price
  4. Jul 16, 2021$374,900Price change
  5. Sep 10, 2020$374,900Initial list price
  6. Nov 3, 2017$45,000Sold
  7. Jun 15, 2004$335,000Sold
  8. Jun 20, 1989$80,000Sold

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 60651)

Median age is 34.4; 9% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $48,532.

Median income
$48,532
Median age
34.4
Owner-occupied
44.5%
Bachelor's degree
8.8%
Census median home value
$241,600

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

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