Sold

Closed

5347 N Wayne Avenue

Chicago IL, 60640

$775,000


Sold

Closed

5 Beds

4 Baths

Multi-family

Built in 1904

Courtesy of Berkshire Hathaway HomeServices Starck Real Estate

APPRAISED AT ITS CURRENT CONDITION @$950,000. Welcome to your chance to own a piece of Andersonville history! This stunning brick 2-flat, nestled in the heart of the highly sought-after Andersonville community in Chicago, has never before been on the market. Sold "AS-IS," this property presents an extraordinary opportunity for savvy investors and vintage enthusiasts alike. Featuring two expansive 7+ room vintage units, this property offers the flexibility of generating impressive rental income or the potential for luxurious duplex living. Each unit boasts charming brick decorative fireplaces, hardwood trim and floors, soaring high ceilings, and exquisite stained glass windows. Enjoy the unique character of sunrooms and enclosed rear 3-season porches, perfect for relaxing or entertaining guests. Though in need of some TLC and deferred maintenance, the possibilities are limitless for transforming this stately residence into a show-stopping masterpiece. With a long-term tenant currently on a month-to-month lease, you have the option to retain stable rental income or embark on your renovation journey immediately. Situated in the highly desirable Lakewood Balmoral Historic District. The building itself spans 3878 sq. ft. with a full basement, providing abundant potential for value-added improvements. The first-floor unit features 2 bedrooms and 1 bath, while the second-floor unit offers 3 bedrooms and 1.5 baths. Both units include separate dining rooms, kitchens with storage pantries, decks, and sunrooms within the primary suites. Additionally, the attic presents an exciting opportunity to create a stunning primary bedroom retreat with your unique vision. Conveniently located within a leisurely stroll to all that Andersonville has to offer - from charming boutiques and eclectic dining options to serene parks and lakefront recreation. Plus, enjoy easy access to top-rated schools including Peirce School of International Studies, Sacred Heart, Northside Catholic Academy, Rogers Park Montessori, and Lysee Francais. Don't miss out on this incredible opportunity to own a piece of Andersonville's vibrant history and realize your vision for a dream home or lucrative investment. Bring your contractors, unleash your creativity, and make this diamond in the rough shine! Schedule your showing today. AS-IS sale.

12026493

MLS ID

April 11, 2024

Listed

November 25, 2024

Updated

Map

5347 N Wayne Avenue
Chicago IL, 60640

Interior Features

Bedrooms

5


Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.09 Acres


Roof

Asphalt


Sewer

Public Sewer

School Information

School District

299


High School

Senn High School


Elementary School

Peirce Elementary School Intl St

Other Property Details

Area Name

CHI - Edgewater


Taxes

$1,437


Tax Frequency

Annually


Days on Market

6


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

Cook


Municipality

Lake View


Water Source

Lake Michigan


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

6/1/2024

Sold

$775,000

4/16/2024

Under contract

Courtesy of Berkshire Hathaway HomeServices Starck Real Estate, Elizabeth Goodchild,
Listing Contact: 847-691-2976 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Jason Obeirne are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:52 PM UTC, 11/25/2024

 

 

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