5426 N Western Avenue, Chicago, IL 60625
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5426 N Western Avenue,Chicago, IL 60625
$925,000
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: hayley westhoff, lisa rudisel
Office: compass
MLS#:12571983
Source:MLSNI
Price summary
- Price:$925,000
About this home
Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting - ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner's unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 - demonstrating strong rental potential. Unit #2 (3BR/1BA simplex) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, keyless entry throughout, radon mitigation system installed 2025, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago's beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living - an exceptional opportunity in a highly desirable location!
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Home facts
- Year built:1924
- Listing ID #:12571983
- Added:5 day(s) ago
- Updated:March 08, 2026 at 11:48 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:8
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Baseboard, Forced Air, Individual Room Controls, Sep Heating Systems - 2+
Structure and exterior
- Roof:Flat
- Year built:1924
- Lot area:0.08 Acres
Schools
- High school:Mather High School
- Middle school:Jamieson Elementary School
- Elementary school:Jamieson Elementary School
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$925,000
- Tax amount:$17,479 (2024)
Features and amenities
- Amenities:Multiple Water Heaters, Radon Mitigation System, Sump Pump
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