Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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For Sale
22 Properties Within 0.5 miles of: 5500 W Lake, Chicago

5500 W Lake
Chicago, IL 60644

  • Built In 1964
Price

$1,650,000

Est Payment
$9,530 / month (details)  
Taxes
$14,551  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50X130  
Built
1964  
Neighborhood
South Austin  
MLS
#12680755
Status
Active (2 days)

Property Description

11 unit building which offers comfortable living on the West Side-less than half a mile from Oak Park. This unique and rare investment opportunity features 11 spacious, cozy units, each thoughtfully designed with one separate bedroom, a large living room suitable for a living/dining room combination, one bathroom, a kitchen, hall closet, and a private furnace room. New flooring and freshly painted with newer appliances throughout the building. Some units have new furnaces. This property offers far more than expected, including excellent access to public transportation with the Green Line train and bus just steps away. Tenants will also enjoy proximity to Levin Park, convenient street parking, and five exterior parking spaces-providing added convenience and the potential for additional income. The property also includes an area ideal for coin-operated laundry and individual storage units. This can also be an additional residential unit. Property is presently empty and being sold "As-Is". Units are all ready to rent.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-17-2026 Listed at $1,650,000
Last Modified 6/17/26 5:23 PM

Nearby Transportation

  • Bus 85 0.1 mi
  • Bus 57 0.4 mi
  • Bus 66 0.5 mi
  • Bus 20 0.5 mi
  • Bus 91 0.6 mi
  • Bus 126 0.8 mi
  • Bus 86 0.8 mi
  • Bus 54 0.9 mi
  • Bus 70 1.0 mi
  • Bus 7 1.0 mi
  • Bus 12 1.1 mi
  • Green Line 0.1 mi
  • I 290 West 1.1 mi
  • I 290 East 1.2 mi
  • I 90 East 4.5 mi
  • I 94 East 4.5 mi
  • I 90 West 4.6 mi
  • I 94 West 4.6 mi
  • I 55 South 4.9 mi
  • I 55 North 4.9 mi
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