5011 N Western Avenue, Chicago, IL 60625 - Photo 1

1/1

$670,000

Sold
Closed
Multi-Family
6 Total Beds
2 Car Garage
Updated 4 days ago

1/1

Property Description

Outstanding investment opportunity in Lincoln Square! This well-maintained 3-unit building is a rare find in one of Chicago's most desirable neighborhoods. Each of the three spacious 2-bedroom apartments features separate living and dining rooms, updated kitchens and bathrooms, and separate utilities-making property management simple and tenant turnover seamless. Just steps from the Brown Line, Winnemac Park, and the vibrant Lincoln Square corridor filled with shops, restaurants, and nightlife. The area continues to grow, with new condo developments nearby boosting long-term property value and rental demand. Additional features include: Coin-operated laundry machines for tenant convenience. Rear patio - perfect for shared outdoor space and detached 2-car garage for added rental income or owner use. Bonus: The adjacent property at 5015 N Western is also available - offering a unique chance to acquire side-by-side buildings in a thriving location. Ideal for investors looking to expand their portfolio with value-add opportunities in a high-demand area. Per City of Chicago B3-3 zoning.

Full Property Details

Full Property Details for 5011 N Western Ave

General

Sold For: $670,000
Taxes: $8,649 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12480144
Added to Site: 114 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Additional Information

Other Features: Commuter Bus

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

Area: CHI - Lincoln Square
County: Cook
Driving Directions: On Western between Foster and Lawrence on east side of street

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas, Forced Air

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Vinyl Siding, Brick
Exterior Const.: Vinyl Siding, Brick
Basement Desc.: None
Foundation: Concrete Perimeter
Roof: Asphalt
Year Built: 1907
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 26 x 99
Fence: Yes
Fencing (Description): Fenced

Financial Considerations

Parking Included: Yes
Assessment Year: 1907
Tax Amount: $8,649
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 14073070040000

Listed by RE/MAX Premier
Sold by Real People Realty

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Schools

Schools serving 5011 N Western Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Chappell Elementary School, Chicago, IL 2135 West Foster Avenue, Chicago, IL 60625	PK-8	0.3 mi
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5011 N Western Ave

Date

Details

Price

Change

Source

1/12/2026

Sold

$670,000

-7.59%

MLS

9/24/2025

Listed

$725,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5011 N Western Avenue, Chicago, IL 60625 (MLS# 12480144) is a Multi-Family property that was sold at $670,000 on January 12, 2026. Want to learn more about 5011 N Western Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.

5011 N Western Ave Chicago, IL 60625