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$585,000
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Property Description
Discover the perfect investment opportunity in a highly sought-after neighborhood, just a short stroll from Midway Airport and conveniently located minutes from major expressways. This stunning 2-flat has been meticulously maintained and updated, making it a true gem. Imagine the possibilities with the second-floor unit, which is currently responsible for its heat and electricity, along with a related living unit in the basement that boasts two separate entrances. With updated electrical systems, you can move in with peace of mind. The top-of-the-line appliances are less than four years old, accompanied by modern countertops that elevate the aesthetic. Enjoy the warmth of radiant heat from both boilers, which have undergone thorough cleaning and servicing as of December 2024, including a newly installed gas valve for the first-floor unit. The property also includes convenient coin-operated laundry facilities and an impressive 2.5-car garage, equipped with electricity alongside generous storage in the rafters. This garage not only offers year-round utility but can also be rented out, adding another stream of income to your investment. Whether you're looking to supplement your income or fully embrace the potential of a rental property, this 2-flat presents an incredible opportunity. The first-floor unit mirrors the layout of the second, ensuring consistent appeal for potential renters. Plus, all electrical boxes and outlets have been meticulously replaced as of December 2024, ensuring everything is in prime condition. With central air conditioning in the owner's and window air conditioners in the other units, comfort is ensured all year round. Don't miss your chance to own this beautifully maintained and versatile property! The related living unit is in the basement with two entrances. Both boilers provide radiant heat and have been cleaned and serviced as of December 2024, with the first-floor boiler equipped with a new gas valve. The property also includes coin-operated laundry facilities. This unit can serve as an income supplement for you or can be utilized as a total income-building opportunity. Everything is in proper working order. Contract must state as is.
Full Property Details
Full Property Details for 5325 W 53rd Pl
General
- Sold For: $585,000
- Taxes: $4,133 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12297603
- Added to Site: 241 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Bathroom Features: Accessible Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 7
- Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Detached, Off-Street, Driveway, Owned, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Garfield Ridge
- County: Cook
- Driving Directions: ARCHER AVENUE TO LOREL - SOUTH TO 53RD PLACE, EAST TO PROPERTY. HAS A SIDE DRIVE.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Sub-Basement, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1967
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2FLAT PLUS RELATED LIVING
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 37.5 x 132.5 x 37.5 x 132.5
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1967
- Tax Amount: $4,133
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Exceptions-Call List Office
- Property ID: 19093220470000
Listed by K C Homes Realty
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Schools
Schools serving 5325 W 53rd Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Twain Elementary School 5134 South Lotus Avenue, Chicago, IL 60638 | PK-8 | 0.3 mi |
Kennedy High School 6325 West 56th Street, Chicago, IL 60638 | 9-12 | 1.3 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 5325 W 53rd Pl
Date
Details
Price
Change
Source
8/27/2025
Sold
$585,000
—
MLS
7/21/2025
Price Reduced
$584,999
-3.31%
MLS
5/18/2025
Listed
$604,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5325 W 53rd Place, Chicago, IL 60638 (MLS# 12297603) is a Multi-Family property that was sold at $585,000 on August 27, 2025. Want to learn more about 5325 W 53rd Place? Do you have questions about finding other Multi-Family real estate for sale in Garfield Ridge? You can browse all Garfield Ridge real estate or contact a Coldwell Banker agent to request more information.


