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$360,000
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Property Description
This classic brick two-flat is located just south of Madison Street in the heart of historic Maywood. Well-maintained and thoughtfully updated, the property offers immediate cash flow and long-term upside-ideal for investors, house hackers, or owner-occupants seeking flexibility and value. The building spans over 2,100 square feet across two spacious units. The second-floor unit features three bedrooms and one bathroom and was fully renovated in early (2025) with a brand-new bathroom, new kitchen cabinets and countertops, stainless steel appliances, and fresh paint throughout. The first-floor unit includes two bedrooms and one bathroom and is currently leased at $1,600 per month as of June (2024)-providing steady income from day one. Several major updates have already been completed to ensure long-term durability and efficiency. The roof was resealed (2021), and both central AC units were installed that same year (2021). In (2022), both water heaters were newly replaced, and comprehensive tuckpointing was completed across the exterior brickwork. Both units include central air conditioning-a rare and desirable amenity in vintage multi-units. The full unfinished basement offers tall ceilings and significant potential for future build-out or added storage. A large backyard provides ample space for outdoor enjoyment or the addition of a garage. For owner-occupants, this is a prime house hacking opportunity. Living in one unit while renting out the other can offer meaningful financial and tax-related benefits that enhance overall affordability and make long-term ownership more attractive. The property retains its classic brick facade and preserved architectural details, enhancing its curb appeal. Centrally located just minutes from I-290, the Metra station, Loyola Medical Center, local parks, schools, and retail, this property is positioned in a high-demand area with strong rental interest. Whether you're adding to your portfolio or purchasing your first multi-unit, 315 S 5th Ave delivers space, income, and long-term potential.
Full Property Details
Full Property Details for MLS# 12529358
General
- Sold For: $360,000
- Taxes: $13,356 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12529358
- Added to Site: 16 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 4
- Parking Features: Yes, Other
Location
- Area: Maywood
- County: Cook
- Driving Directions: 5th Ave South of St. Charles North of Washington
School Information
- School District: 89
- Midd School District: 89
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement Desc.: Unfinished, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 132
- Zoning: MULTI
Financial Considerations
- Tax Amount: $13,356
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 15113120070000
Listed by Keller Williams Premiere Properties
Sold by Piche Partners
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Schools
Schools serving MLS# 12529358
School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Maywood, IL 311 Washington Boulevard, Maywood, IL 60153 | PK-5 | 0.1 mi |
Irving Middle School 805 South 17th Avenue, Maywood, IL 60153 | 6-8 | 0.8 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 0.4 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 MLS# 12529358
Date
Details
Price
Change
Source
12/19/2025
Sold
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12529358, Maywood, IL 60153 (MLS# 12529358) is a Multi-Family property that was sold at $360,000 on December 19, 2025. Want to learn more about MLS# 12529358? Do you have questions about finding other Multi-Family real estate for sale in Maywood? You can browse all Maywood real estate or contact a Coldwell Banker agent to request more information.
