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$315,125
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Property Description
** MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE FRIDAY 5/23/25 @ 12PM ** Turnkey 2-Unit with Modern Updates and Huge Upside! Welcome to 5417 S Damen Ave - a beautifully updated and move-in-ready 2-flat with serious income potential and unfinished space waiting to be unlocked! Both units have been thoughtfully refreshed: Unit #1 - 3 bedrooms, 1 bath, freshly painted in 2025, Unit #2 - 4 bedrooms, 1 bath - fresh paint + new stove & fridge (2024). Recent Improvements Include: Brand-new tear-off roof (2024) New rear concrete slab (2025) Furnace + Water Heater (both replaced in 2022) Many windows replaced (2022) One-car garage + extra storage. Gated front yard for added security. Opportunity Awaits: The spacious, unfinished attic is loaded with potential - duplex it with Unit #2 or explore options for adding a third unit (buyer to verify zoning/use). Either way, there's potential for added equity on the table. Great location near public transit, parks, and local amenities. Easy to rent, easy to live in, and even easier to fall in love with. Perfect for: House hackers wanting to live in one unit & rent the other. Investors looking for solid cash flow + long-term appreciation. Value-add buyers ready to capitalize on attic potential. This one has all the big-ticket updates DONE - just move in, rent out, or build more value. Don't wait. Book your showing now before this South Side gem is gone!
Full Property Details
Full Property Details for 5417 S Damen Ave
General
- Sold For: $315,125
- Taxes: $954 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12366088
- Added to Site: 246 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 55TH E OR W TO DAMEN N TO ADDRESS
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1904
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1904
- Tax Amount: $954.59
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20074240050000
Listed by eXp Realty
Sold by Signature Realty Services
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Schools
Schools serving 5417 S Damen Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fulton Elementary School, Chicago, IL 5300 South Hermitage Avenue, Chicago, IL 60609 | 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 5417 S Damen Ave
Date
Details
Price
Change
Source
7/17/2025
Sold
$315,125
5.04%
MLS
5/15/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5417 S Damen Avenue, Chicago, IL 60609 (MLS# 12366088) is a Multi-Family property that was sold at $315,125 on July 17, 2025. Want to learn more about 5417 S Damen Avenue? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

