This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$415,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Investment Opportunity in South Austin! Don't miss out on this well-maintained all-brick 5-unit building in the sought-after South Austin area. This solid investment boasts numerous upgrades, including new windows, newer gutters and downspouts, and separate hot water tanks. Fully Occupied: Consistently rented with reliable tenants. 5+ parking spaces in the rear. Copper plumbing throughout the building. Utilities: Owner covers heating for 4 units, common electric, water, insurance, and real estate taxes; the garden unit tenant pays for all utilities. Convenience: Coin-operated washer and dryer onsite. Why Invest? This property is a fantastic opportunity for both seasoned and first-time investors. Located on a quiet block, it offers stability and potential for long-term growth. Don't miss the chance to add this money-making asset to your portfolio!
Full Property Details
Full Property Details for 5220 W Washington Blvd
General
- Sold For: $415,000
- Taxes: $4,641 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12354064
- Added to Site: 300 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: Washington W or E to Laramie to 5220 West
- Location Details: In City Limits
Heating & Cooling
- Heating Type: Hot Water, Baseboard
Structural Information
- Construction: Brick, Concrete, Steel Siding, Stone
- Exterior Const.: Brick, Concrete, Steel Siding, Stone
- Basement Desc.: Exterior Entry
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 38 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $12,422
- Assessment Year: 1960
- Tax Amount: $4,641
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 16093130860000
Listed by Pomax Realty Inc
Sold by Hexagon Real Estate
Get Pre-Approved Today
Schools
Schools serving 5220 W Washington Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.3 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 5220 W Washington Blvd
Date
Details
Price
Change
Source
6/12/2025
Sold
$415,000
-7.78%
MLS
5/01/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5220 W Washington Boulevard, Chicago, IL 60644 (MLS# 12354064) is a Commercial property that was sold at $415,000 on June 12, 2025. Want to learn more about 5220 W Washington Boulevard? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

