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$699,900 Just Listed
Property Description
Exceptional value-add opportunity in the highly desirable Peterson Park/West Ridge neighborhood. This legal 3-unit building is being sold AS-IS and offers tremendous upside for investors, developers, or owner-occupants looking to build equity. Over $95,000 in major improvements have already been completed, including a full basement excavation with approximately 7-foot ceiling height, new main support beams, new main sewer line, and separate gas and electric meters for each unit. The basement slab has been intentionally left open, allowing the next owner flexibility to install plumbing and electrical prior to completion. The property currently generates approximately $5,000 per month from two occupied units, providing immediate income while completing renovations. Each unit offers updated baths, newer laminate flooring, 6-panel doors, updated lighting, ceiling fans, refreshed kitchens, and newer vinyl windows throughout. The second-floor kitchen also features a skylight for added natural light. Enjoy a fenced yard with a cement block patio and a 2-car garage. The semi-finished garage includes flooring, faux brick walls, and a loft area, offering great potential for an office, studio, or man cave. Additional features include window A/C units, newer water heaters from 2019, and radiant heat for units 1 and 2. Conveniently located near shopping, Mather Park, and bus routes 84, 11, and 93.
Full Property Details
Full Property Details for 5837 N Washtenaw Ave
General
- Price: $699,900
- Taxes: $10,601 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12668452
- Updated: 6/4/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Dish Antenna, TV Antenna, Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - West Ridge
- County: Cook
- Township: Jefferson
- Subdivision: Arcadia Terrace
- Driving Directions: PETERSON E OF LINCOLN AVE TO WASHTENAW SOUTH TO PIQ
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Steam, Radiant
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Brownstone
- Architectural Style: Brownstone
- Model: 3-FLAT
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Daylight
- Roof: Tar/Gravel, Flat
- Year Built: 1921
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Manufactured Home
- Model: 3-FLAT
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30' x 124'
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1921
- Tax Amount: $10,601.08
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13014100080000
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Schools
Schools serving 5837 N Washtenaw Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.4 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 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.
Price & Sales History for 5837 N Washtenaw Ave
Date
Details
Price
Change
Source
6/04/2026
Listed
$699,900
34.6%
MLS
8/16/2021
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5837 N Washtenaw Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,706
—
$52,766
15%
2023
$9,706
3%
$46,003
—
2022
$9,462
18%
$46,003
—
2021
$8,045
19%
$46,003
28%
2020
$6,789
-4%
$36,058
-13%
2019
$7,087
2%
$41,446
—
2018
$6,965
-1%
$41,446
7%
2017
$7,053
-9%
$38,839
—
2016
$7,779
9%
$38,839
—
2015
$7,117
26%
$38,839
28%
2014
$5,644
2%
$30,418
—
2013
$5,532
-9%
$30,418
-10%
2012
$6,074
—
$33,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5837 N Washtenaw Ave
5837 N Washtenaw Avenue, Chicago, IL 60659 (MLS# 12668452) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5837 N Washtenaw Avenue is currently listed for $699,900 and was received on June 04, 2026. Want to learn more about 5837 N Washtenaw Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.
