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$335,000
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Property Description
Seller offers a $15k closing/repair credit! This owner-occupied 2-unit offers a unique opportunity with Unit 1 duplexed into the finished basement, providing an impressive amount of living space. The first-floor unit features a newer kitchen with granite countertops, stainless steel appliances, breakfast bar, and plenty of room for a kitchen table. The bathroom has also been updated, while the third bedroom is currently styled as a library-an easy transition back to bedroom use, home office, or flex space. The finished basement extends Unit 1 with additional living space and plenty of possibilities. Previous water damage occurred near the baseboard area years ago leaving the lower level ready for cosmetic repairs and your finishing touches. Unit 2 offers additional living space with great potential for related living, extended family, or rental income and also ready for cosmetic updating to make it your own. An enclosed rear porch serves the building and adds even more usable space. Outside, enjoy a PVC-fenced yard, large 3-car garage, and patio area, a few hard-to-find features that add even more value to this property. And did we mention location? You're just 2 blocks from beautiful Oak Park, putting shopping, dining, parks, and neighborhood amenities within easy reach. Whether you're looking to owner-occupy, accommodate extended family, or add a multi-unit property to your portfolio, there is plenty of opportunity here. Property is being sold AS-IS. Bring your ideas and unlock the possibilities!
Full Property Details
Full Property Details for 5843 W Iowa St
General
- Price: $335,000
- Taxes: $4,580 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12797944
- Updated: 11/5/2026
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: Austin N/S to Iowa, Iowa East to address
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 120
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1903
- Tax Amount: $4,580.63
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16054250020000
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Schools
Schools serving 5843 W Iowa St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Brunson Math & Sci Specialty Elementary School 932 North Central Avenue, Chicago, IL 60651 | PK-8 | 0.3 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.5 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 5843 W Iowa St
Date
Details
Price
Change
Source
10/30/2026
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5843 W Iowa St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,172
—
$28,000
33%
2023
$3,172
4%
$21,000
—
2022
$3,053
1%
$21,000
—
2021
$3,017
3%
$21,000
12%
2020
$2,928
-4%
$18,730
-12%
2019
$3,036
2%
$21,285
—
2018
$2,983
-5%
$21,285
3%
2017
$3,148
-4%
$20,700
—
2016
$3,289
-1%
$20,700
—
2015
$3,312
5%
$20,700
6%
2014
$3,142
2%
$19,504
—
2013
$3,069
8%
$19,504
—
2012
$2,846
—
$19,504
—
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 5843 W Iowa St
5843 W Iowa Street, Chicago, IL 60651 (MLS# 12797944) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 5843 W Iowa Street is currently listed for $335,000 and was received on October 30, 2026. Want to learn more about 5843 W Iowa 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.
