5508 W Chicago Avenue Chicago, IL 60651

Multi-Family (2-4 Units) MLS #: 12300973 Courtesy Of eXp Realty, LLC

$549,500

5 beds
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Est. Property Tax: $2,081
Estimated monthly payments: $2,575/mo.* (recalculate)

Property InformationDescription

PRIME 2-FLAT PROPERTY - GREAT INVESTMENT OPPORTUNITY! Seize this fantastic Investment OPPORTUNITY! This well-maintained 2-flat offers spacious living areas, rental income potential, and a desirable location. Property Highlights: TWO SEPARATE LIVING UNITS - Each unit features its own kitchen, dining area, and baths, perfect for tenants or extended family living. SPACIOUS LAYOUTS - Well-designed interiors provide comfortable living spaces. AMPLE STORAGE & UTILITY SPACES - Functional design to meet everyday needs. EXCELLENT CONNECTIVITY - Easy access to public transit, major roads, and neighborhood amenities. Endless Possibilities: Generate rental income from multiple units / Ideal for owner-occupants looking for additional income / Great long-term investment in a thriving area. Don't miss out on this exceptional opportunity-schedule your showing TODAY!
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick

MAP & DIRECTIONS

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5508 W Chicago Avenue, Chicago, IL 60651
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School Information

5508 W Chicago Avenue, Chicago, IL 60651

Elementary School
Grades PK-8 | Public School
BRUNSON MATH AND SCIENCE SPECIALTY ELEMENTARY SCHOOL
Chicago, IL 60651
932 N Central Ave
773.­534.6025
Distance: 0.2 mi
School Rating
D
Total Students
416
Middle School
Grades PK-8 | Public School
BRUNSON MATH AND SCIENCE SPECIALTY ELEMENTARY SCHOOL
Chicago, IL 60651
932 N Central Ave
773.­534.6025
Distance: 0.2 mi
School Rating
D
Total Students
416
High School
Grades 9-12 | Public School
DOUGLASS ACADEMY HIGH SCHOOL
Chicago, IL 60644
543 N Waller Ave
773.­534.6176
Distance: 0.4 mi
School Rating
D-
Total Students
49
Other Nearby Schools Distance Type Grades School Rating
Austin Career Education Center 0.2 mi Private 10-12
Yccs-austin Career Education Center High School 0.2 mi Public 9-12
Howe Elementary School 0.2 mi Public PK-8 C-
St Paul Lutheran School 0.3 mi Private PK-8
Hay Elementary Community Academy 0.5 mi Public PK-8 C-
Moving Everest Charter School 0.6 mi Public KG-8 C-
Austin College And Career Academy High School 0.7 mi Public 9-12 F
Ellington Elementary School 0.7 mi Public PK-8 D
St Angela School 0.7 mi Private PK-8
Young Elementary School 0.8 mi Public PK-8 D-
Christ Lutheran School 0.9 mi Private KG-3
Catalyst Charter-circle Rock Elementary School 0.9 mi Public KG-8 C-
Nash Elementary School 0.9 mi Public PK-8 D-
Hope Excel Reaching The World Academy 0.9 mi Private PK-2
Mcnair Elementary School 0.9 mi Public PK-8 D-
Yccs West 0.9 mi Public 9-12
Lewis Elementary School 1.0 mi Public PK-8 D-
John Greenleaf Whittier Elementary School 1.0 mi Public PK-5 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chicago, IL 60651

Median Age: 36.5
Married: 29%
Number of Households: 20,090
Households with Children: 35.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.