315 S 5th Avenue, Maywood, IL 60153
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
315 S 5th Avenue,Maywood, IL 60153
$374,900
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jose hernandez
Office:keller williams premiere properties
MLS#:12396079
Source:MLSNI
Price summary
- Price:$374,900
About this home
This classic brick two-flat is located just south of Madison Street in the heart of historic Maywood. Well-maintained and thoughtfully updated, the property offers immediate cash flow and long-term upside-ideal for investors, house hackers, or owner-occupants seeking flexibility and value. The building spans over 2,100 square feet across two spacious units. The second-floor unit features three bedrooms and one bathroom and was fully renovated in early (2025) with a brand-new bathroom, new kitchen cabinets and countertops, stainless steel appliances, and fresh paint throughout. The first-floor unit includes two bedrooms and one bathroom and is currently leased at $1,600 per month as of June (2024)-providing steady income from day one. Several major updates have already been completed to ensure long-term durability and efficiency. The roof was resealed (2021), and both central AC units were installed that same year (2021). In (2022), both water heaters were newly replaced, and comprehensive tuckpointing was completed across the exterior brickwork. Both units include central air conditioning-a rare and desirable amenity in vintage multi-units. The full unfinished basement offers tall ceilings and significant potential for future build-out or added storage. A large backyard provides ample space for outdoor enjoyment or the addition of a garage. For owner-occupants, this is a prime house hacking opportunity. Living in one unit while renting out the other can offer meaningful financial and tax-related benefits that enhance overall affordability and make long-term ownership more attractive. The property retains its classic brick facade and preserved architectural details, enhancing its curb appeal. Centrally located just minutes from I-290, the Metra station, Loyola Medical Center, local parks, schools, and retail, this property is positioned in a high-demand area with strong rental interest. Whether you're adding to your portfolio or purchasing your first multi-unit, 315 S 5th Ave delivers space, income, and long-term potential.
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Home facts
- Listing Id #:12396079
- Added:14 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$374,900
- Tax amount:$13,356 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 315 S 5th Avenue
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