5033 W Washington Boulevard, Chicago, IL 60644
Local realty services provided by:CENTURY 21 All Pro Real Estate
5033 W Washington Boulevard,Chicago, IL 60644
$630,000
- 10 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: peter drossos
Office: peter drossos real estate
MLS#:12564881
Source:MLSNI
Price summary
- Price:$630,000
About this home
How would you like to own this perfectly rehabbed 3-unit building for just $777 per month? It is very possible. It is also very simple. You can obtain an owner-occupied conventional loan with only a 5% down payment and then use the $3,730 per month rental income that this building generates to reduce your monthly mortgage payment. Your mortgage payment is about $4,507 per month with a 5% down payment (or $31,500) based on a 6.125% interest rate as of 2/10/2026 at a $630,000 purchase price; this payment of $4,507 per month includes property taxes, homeowner's insurance and mortgage insurance. This brings your payment to just $777 per month (or $4,507 minus $3,730). And, the better part? This building is practically brand new with City of Chicago plans and permits. There is nothing to fix. And, the best part? Notice all the new construction in the area! Simply stated, this property has two strategies. First, you can live in one unit and rent out the other two units. Second, you can just keep the entire building as an investment property! The first floor unit and the second floor unit are nearly identical except that the first floor unit has three bedrooms and the second floor unit has four bedrooms and a front balcony. Other than that, the first floor and the second floor share the same distinctive features. Both of these units feature large windows that light up the living room and dining room area and both of these units are accentuated by tall ceilings, recessed lighting, a soft gray wall color, hardwood flooring, an in-unit washer and dryer, tastefully designed bathroom tile work and immaculate trim work. But wait. There is more. The kitchens are stunning with their light gray, shaker style kitchen cabinets, their stunning granite countertops and their stainless steel appliances. You will fall in love with both of these units! You will also love the garden unit! The garden unit features three bedrooms and a full bathroom; it also features a tall ceiling and a functional floor plan and, yet, another outstanding kitchen design. This awesome building is close to it all: schools, shopping, I-290 and transportation. It is a must see. It is a true armchair investment. A 10!
Contact an agent
Home facts
- Year built:1911
- Listing ID #:12564881
- Added:2 day(s) ago
- Updated:February 13, 2026 at 12:28 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1911
- Lot area:0.1 Acres
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$630,000
- Tax amount:$5,826 (2024)
New listings near 5033 W Washington Boulevard
- New
$799,000Active3 beds 2 baths2,014 sq. ft.4353 N Richmond Avenue #3N, Chicago, IL 60618
MLS# 12527542Listed by: BAIRD & WARNER - New
$320,000Active3 beds 2 baths1,199 sq. ft.Address Withheld By Seller, Chicago, IL 60655
MLS# 12565801Listed by: COLDWELL BANKER REALTY - New
$89,999Active4 beds 2 baths5708 S Lowe Avenue, Chicago, IL 60621
MLS# 12567432Listed by: COLDWELL BANKER REALTY - New
$100,000Active0.06 Acres2640 S Troy Street, Chicago, IL 60623
MLS# 12563354Listed by: KELLER WILLIAMS EXPERIENCE - Open Sat, 12:30 to 2:30pmNew
$630,000Active3 beds 3 baths1351 S Clark Street, Chicago, IL 60605
MLS# 12540750Listed by: CENTURY 21 S.G.R., INC. - New
$235,000Active1 beds 1 baths33 E Cedar Street #16E, Chicago, IL 60611
MLS# 12556329Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - Open Fri, 4 to 6pmNew
$875,000Active3 beds 3 baths1,881 sq. ft.5114 S Kenwood Avenue #4B, Chicago, IL 60615
MLS# 12560594Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - Open Sat, 11am to 1pmNew
$469,900Active2 beds 2 baths1,200 sq. ft.813 N Bishop Street #2, Chicago, IL 60642
MLS# 12563305Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$149,900Active4 beds 2 baths1,900 sq. ft.8054 S Jeffery Boulevard, Chicago, IL 60617
MLS# 12564661Listed by: KELLER WILLIAMS PREFERRED RLTY - New
$400,000Active4 beds 4 baths2,500 sq. ft.4216 W West End Avenue, Chicago, IL 60624
MLS# 12564963Listed by: EXP REALTY