No photo available
$469,999 Just Listed
Property Description
Excellent investment opportunity on the border of Galewood and Austin neighborhoods! This solid corner brick building is a legal two-flat with an additional basement unit. The property currently features three 2-bedroom, 1-bathroom units, all of which are fully rented, providing immediate cash flow from day one. The first and second-floor units offer beautiful wood flooring throughout and updated kitchens with newer appliances. Ideally located just 5 minutes from vibrant Downtown Oak Park, you'll enjoy convenient access to restaurants, shopping, entertainment, parks, and public transportation, along with easy access to major expressways for commuting. This income-producing property is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 1654 N Austin Ave
General
- Price: $469,999
- Taxes: $7,554 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12700930
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: Jefferson
- Driving Directions: North Ave to Austin Ave north to address.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Flat
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 33 x 124.5
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1918
- Tax Amount: $7,554
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13323210150000
Listed by RE/MAX Premier and Re/Max Premier
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1654 N Austin Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lovett Elementary School 6333 West Bloomingdale Avenue, Chicago, IL 60639 | PK-8 | 0.4 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1654 N Austin Ave
Date
Details
Price
Change
Source
7/09/2026
Listed
$469,999
7.67%
MLS
9/29/2022
Sold
$436,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1654 N Austin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,855
—
$41,000
78%
2023
$4,855
3%
$22,999
—
2022
$4,733
2%
$22,999
—
2021
$4,628
15%
$22,999
27%
2020
$4,034
-4%
$18,097
-13%
2019
$4,182
-6%
$20,802
-7%
2018
$4,442
9%
$22,475
19%
2017
$4,072
7%
$18,905
—
2016
$3,789
3%
$18,905
-5%
2015
$3,664
14%
$19,984
16%
2014
$3,203
-10%
$17,248
-12%
2013
$3,573
-5%
$19,631
-6%
2012
$3,757
—
$20,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1654 N Austin Ave
1654 N Austin Avenue, Chicago, IL 60639 (MLS# 12700930) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 1654 N Austin Avenue is currently listed for $469,999 and was received on July 09, 2026. Want to learn more about 1654 N Austin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.
