This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$618,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Fantastic investment opportunity! Cash flow immediately or live and build equity for FREE. This spacious 4-unit building on a double lot offers a mix of generous floor plans with two 3-bedroom/1-bath units on the top floor and two oversized 2-bedroom/1-bath units on the first floor. Building improvements include fully renovated owner unit (2023), updated electrical, all new copper and PVC plumbing, individual newer furnaces, all newer hot water heaters, and newer vinyl windows. The full unfinished basement with sump pump system provides excellent potential for expansion or additional storage. Stairs are already set up to duplex down. Exterior highlights include a 2-car garage and a large private fenced in back yard. Conveniently located near major streets, public transit, Columbus Park, Garfield Park, and easy access to I-290. Three units are currently leased, with owner unit delivered vacant.
Full Property Details
Full Property Details for 5248-50 W Adams St
General
- Sold For: $618,000
- Taxes: $8,439 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12456717
- Added to Site: 142 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: LARAMIE TO ADAMS ST, WEST ON ADAMS ST TO PROPERTY ADDRESS.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3100
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $8,439.6
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16161050220000
Listed by Keller Williams Preferred Rlty
Sold by O W Auction Group LLC
Get Pre-Approved Today
Price & Sales History for 5248-50 W Adams St
Date
Details
Price
Change
Source
11/06/2025
Sold
$618,000
7.48%
MLS
8/28/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5248-50 W Adams Street, Chicago, IL 60644 (MLS# 12456717) is a Multi-Family property that was sold at $618,000 on November 06, 2025. Want to learn more about 5248-50 W Adams Street? 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.

