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5226 W Eddy Street, Chicago, IL 60641

$875,000
  • 5226 W Eddy Street, Chicago, IL 60641 Main Photo

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Active
BEDS9 BATHS6 full MLS#12612191
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

WELCOME TO ONE OF THE MOST UNIQUE ALL-BRICK 3-UNIT PROPERTIE'S with an ADDITIONAL NON-CONFORMING 4th UNIT, ideally situated on an oversized lot in the highly desirable Portage Park neighborhood. This unique property lives like a spacious single-family home while offering the opportunity to generate income from three additional units. The main residence is the true centerpiece, featuring a beautifully designed open floor plan with rich hardwood floors, newer windows, a stunning wood-burning fireplace, a completely updated kitchen, and tastefully updated bathrooms that elevate the home's comfort and style. The layout offers four large bedrooms and three full bathrooms, with a convenient in-unit stackable washer and dryer on the second floor. The finished basement adds even more versatility with an additional full bathroom and two extra rooms previously used as bedrooms, a full kitchen, and a living room ideal for extended living or additional rental use. The building also includes a connected brick coach house featuring a two-bedroom unit and a one-bedroom lower-level apartment, along with a common coin-operated laundry room equipped with two washers and two dryers for tenant use and additional income. Providing a total of two laundry areas in the building. Altogether, the property offers an impressive nine bedrooms and six bathrooms across all units. This home has undergone extensive renovations over the years, highlighted by a full gut rehab completed in 2021 featuring all new electrical, framing, foam insulation, subflooring, premium hardwood floors, new furnaces, and significant structural and interior upgrades. All units but one have central air and heat, along with their own water heater. Exterior improvements include a premium roof and siding (2012), east and west side fencing (2017 & 2020), and one of the property's most standout features-a rare, oversized rooftop deck built with permits and architectural plans, accessible from both the common hallway and the primary bedroom, making it perfect for entertaining and hosting. Even more unique, this multi-unit still offers an additional ground-level patio space for tenants to enjoy, a feature rarely found in similar properties. Situated on a wider lot, the property also includes a two-car brick garage plus additional rear parking for up to three vehicles. The backyard provides a peaceful and inviting setting with a large pine tree, ideal for relaxing or gathering around a fire pit. With long-term tenants currently in place at below-market rents, this property presents a strong value-add opportunity with significant upside potential. A rare opportunity to own a turnkey, income-producing property that seamlessly combines luxury living, scale, and exceptional outdoor space.

5226 W Eddy Street | MLS# 12612191

This multi-family property located at 5226 W Eddy Street, Chicago, IL 60641 is currently listed for sale with an asking price of $875,000. W Eddy Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Garage: 2
Heating: Natural Gas
Lot Size: 4,687
Taxes: $9,181
Year Built: 1949

Feature Descriptions

Bath Features: Whirlpool
Exterior: Brick
Lot Dimensions: 4,687
Parcel#: 13213030260000
Parking: Yes, Detached, Unassigned, Garage Faces Side, Garage
Sewer: Public Sewer
Total Rooms: 17
Township: Lake
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: PAK Home Realty
Agency Phone: 708-417-4983

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Estimated Payment

$ 2,967.66 per month $1,947.37 Principal & Interest $765.08 Property Tax $255.21 Homeowner's Insurance

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