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$915,000
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Property Description
Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting - ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner's unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 - demonstrating strong rental potential. Unit #2 (3BR/1BA simplex) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, keyless entry throughout, radon mitigation system installed 2025, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago's beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living - an exceptional opportunity in a highly desirable location!
Full Property Details
Full Property Details for 5426 N Western Ave
General
- Sold For: $915,000
- Taxes: $17,479 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12571983
- Added to Site: 47 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Sump Pump, Radon Mitigation System, Multiple Water Heaters, Security Cameras
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Lincoln Square
- County: Cook
- Driving Directions: Western Ave N of W Balmoral Ave; S of W Catalpa Ave on West side of street across from cemetery
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Jamieson Elementary School
- Middle School: Jamieson Elementary School
- High School: Mather High School
- Private School: Mather High School
Heating & Cooling
- Heating Type: Forced Air, Baseboard, Sep Heating Systems - 2+, Individual Controls
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Roof: Flat
- Year Built: 1924
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 111
- Fence: Yes
- Zoning: OTHER
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1924
- Tax Amount: $17,479
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13122180140000
Listed by Compass
Sold by Xr Realty
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Schools
Schools serving 5426 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.6 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.8 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 5426 N Western Ave
Date
Details
Price
Change
Source
4/15/2026
Sold
$915,000
-1.08%
MLS
3/02/2026
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5426 N Western Avenue, Chicago, IL 60625 (MLS# 12571983) is a Multi-Family property that was sold at $915,000 on April 15, 2026. Want to learn more about 5426 N Western Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.

