Date
Details
Price
Change
Source
10/08/2026
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$229,900 Just Listed
Property Description
Fantastic investment opportunity in Chicago's Austin neighborhood! This solid 2-flat features two well-proportioned units, Unit 1 boasts 3 bedrooms, 1 bathroom; Unit 2 offers 2 bedrooms, 1 bathroom. Large rear yard offering plenty of outdoor space, complete with a dedicated rear parking pad for off-street convenience. Conveniently situated near public transportation, major thoroughfares, local parks, and shopping, offering high tenant demand and solid rental potential. Currently tenant-occupied on a flexible month-to-month basis, offering immediate rental income upon closing or room for full repositioning. Bring your updates and ideas to maximize market rents in a rapidly developing location near public transportation, local schools, and major roadways. Room counts and sizes are estimates. Sold AS-IS. Real estate taxes prorated. Seller will not provide survey or disclosures. Tenant occupied on a month-to-month lease; please do not disturb tenants. Showings require 24-48 hour advance notice. All buyers must submit proof of funds or a pre-approval letter with offers. Terms & Conditions: Sold in AS-IS condition. Seller will provide no surveys nor disclosures, and real estate taxes will be prorated. Bring your buyers and investment strategies today!
Full Property Details
Full Property Details for 5047 W Chicago Ave
General
- Price: $229,900
- Taxes: $4,445 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12780662
- Updated: 10/8/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: CHICAGO AVE (800 NORTH) WEST OF CICERO AVE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding, Steel Siding
- Exterior Const.: Aluminum Siding, Steel Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $4,445.99
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16092020040000
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NMLS#: 1598647
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Schools
Schools serving 5047 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nash Elementary School 4837 West Erie Street, Chicago, IL 60644 | PK-8 | 0.4 mi |
Marshall Metropolitan High School 3250 West Adams Street, Chicago, IL 60624 | 12-11 | 2.6 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 5047 W Chicago Ave
Tax History
Tax History for 5047 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,258
190%
$17,100
185%
2023
$1,469
2%
$5,999
—
2022
$1,440
2%
$5,999
—
2021
$1,408
-39%
$5,999
-33%
2020
$2,303
—
$8,950
-10%
2019
$2,304
2%
$9,945
—
2018
$2,264
-7%
$9,945
1%
2017
$2,428
-19%
$9,873
-24%
2016
$2,992
25%
$13,051
—
2015
$2,392
39%
$13,051
41%
2014
$1,718
2%
$9,261
—
2013
$1,684
-18%
$9,261
-19%
2012
$2,044
—
$11,392
—
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 5047 W Chicago Ave
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- Multi-Family
- Active
- Updated 1 day ago
- 6Total Beds
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 2Total Baths
- 1,141Sq. Ft.
- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 2Total Baths
- 915Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 3Total Baths
- 3,750Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 845Sq. Ft.
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- Single Family
- Closed
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 1,044Sq. Ft.
5047 W Chicago Avenue, Chicago, IL 60651 (MLS# 12780662) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 5047 W Chicago Avenue is currently listed for $229,900 and was received on October 08, 2026. Want to learn more about 5047 W Chicago 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.