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18 Properties Within 0.5 miles of: 5641 N Austin, Chicago

5641 N Austin
Chicago, IL 60646

  • 4 Beds
  • Built In 1926
Price

$549,999

Est Payment
$3,568 / month (details)  
Taxes
$8,925  
Beds
4  
Rooms
11  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
30 X 124  
Built
1926  
Neighborhoods
Jefferson Park, Gladstone Park  
MLS
#12732399
Status
Active (1 day)

Property Description

Rare opportunity to own a beautifully maintained two-flat in the heart of Gladstone Park! Owned by the same family for over 60 years, this pride-of-ownership property combines classic Chicago charm with numerous updates and strong income potential. Property being sold as-as. Both units have been thoughtfully refreshed, making this a truly turnkey opportunity for investors and owner-occupants alike. Major improvements include newer windows, roof, siding, gutters, downspouts, furnace, central air, updated kitchens, and recent interior paint. The second-floor unit was extensively updated in 2022 with new flooring, cabinetry, carpeting, and fresh paint, while the first-floor unit was repainted in 2025. The property features two well maintained units with tenants already in place, providing immediate rental income from day one. Both leases are currently month-to-month, offering future owners flexibility while benefiting from an established income stream. The first-floor unit has use of a finished rec room and bathroom, currently enjoyed as a comfortable space to relax, entertain, and watch the game. Located in highly desirable Gladstone Park, residents enjoy tree-lined streets, a strong neighborhood feel, and convenient access to the Kennedy Expressway, Metra, parks, restaurants, shopping, and everyday conveniences. This Northwest Side community is known for its welcoming atmosphere, excellent connectivity, and balance of city living with a more residential feel. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or acquire a well cared for multi-unit property in a prime location, this exceptional two-flat checks all the boxes. Don't miss the opportunity to own a turnkey building in one of Chicago's most established and sought-after neighborhoods.

Property Tour

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Sub/Complex
Gladstone Park
Parking
2 Parking Spaces, Off Alley, Alley Access, Yes, Owned
Schools
Taft High School (299), Hitch Elementary School (299), Hitch Elementary School (299)

Payment Calculator

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

Listing History

08-24-2026 Listed at $549,999
Last Modified 8/25/26 10:00 AM

Nearby Transportation

  • Bus 68 0.2 mi
  • Bus 85A 0.5 mi
  • Bus 85 0.5 mi
  • Bus 86 0.5 mi
  • Bus 88 0.7 mi
  • Bus 92 0.9 mi
  • Bus 84 1.1 mi
  • Bus 81W 1.1 mi
  • Bus 91 1.1 mi
  • Union Pacific Northwest 0.3 mi
  • Milwaukee North 1.1 mi
  • I 90 East 0.3 mi
  • I 90 West 0.3 mi
  • I 94 East 1.3 mi
  • I 94 West 1.5 mi
  • I 294 South 4.3 mi
  • I 190 West 4.3 mi
  • I 294 North 4.3 mi
  • I 190 East 4.3 mi
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