This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$326,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
TALE OF THE TAPE: 5724 W. Lake Street is a massive 9/3 2-unit located in super-hot West Austin; on the precipice of Oak Park! This jumbo 2-flat sits on an over-sized 40' x 177' lot and has a 3/1 simplex on the first floor and a large 6/2 duplex up. The property has recently been fully upgraded and needs only light cosmetic work to be put back into service! Patch & paint, refinish hardwood floors, clean and you're good to go! There are two newer GFA/ACs and hot water heaters, in-unit and basement laundry and a brand new 2-car garage plus parking pad in the rear. This property is perfect for the live-in owner looking to defer occupancy costs or an astute investor. Area comps support $550K and GPI of over $4,000 per month...that's a stout 10 cap!
Full Property Details
Full Property Details for 5724 W Lake St
General
- Sold For: $326,000
- Taxes: $5,486 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12530629
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: LAKE ST. EAST OR WEST TO SUBJECT
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full, Daylight
- Foundation: Concrete Perimeter
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 177
Financial Considerations
- Tax Amount: $5,486
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16082260180000
Listed by Chicago Real Estate Authority
Sold by Re/Max 10
Get Pre-Approved Today
Schools
Schools serving 5724 W Lake St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ellington Elementary School 243 North Parkside Avenue, Chicago, IL 60644 | PK-8 | 0.2 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
5724 W Lake Street, Chicago, IL 60644 (MLS# 12530629) is a Multi-Family property that was sold at $326,000 on April 17, 2026. Want to learn more about 5724 W Lake 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.

