5054 N Lockwood Avenue, Chicago, IL 60630

Local realty services provided by:Better Homes and Gardens Real Estate Connections
5054 N Lockwood Avenue,Chicago, IL 60630
$520,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: samantha swaney
Office: gc realty and development
MLS#:12605083
Source:MLSNI

Price summary

  • Price:$520,000

About this home

Solid income-producing opportunity in a well-maintained 2-flat with additional garden unit (owner cannot confirm the legality of the garden unit), all fully occupied with tenants in place. Each unit features separate utilities, offering ease of management and strong rental potential. Property includes a private patio with a fenced yard and a 2-car detached garage. Conveniently located near expressways, public transportation, and local schools. Ideal for investors seeking immediate cash flow with tenants willing to continue current leases.

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Home facts

  • Year built:1926
  • Listing ID #:12605083
  • Added:1 day(s) ago
  • Updated:March 31, 2026 at 01:44 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement:Yes
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1926
  • Lot area:0.1 Acres
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$520,000
  • Tax amount:$12,059 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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