Waterfront
Address
5347 N Wayne Avenue, Chicago, IL
Price
$ 850,000
Property Attributes
- MLS#12026493
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Edgewater
- NeighborhoodAndersonville
- Zip60640
- Style
- Year Built1904
- Taxes$ 1437
- Price$ 850,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms2
- Lot Size3,920 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Peirce Elementary School Intl St | Peirce Elementary School Intl St | Senn High School |
| Price History | |
|---|---|
| 4/11/2024 | Listed $850,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Immediate |
| Roof | Asphalt |
| Zoning | MULTI |
| Garage Spaces | 2 |
| Year Built | 1904 |
| Township | Lake View |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Contingency | Attorney/Inspection |
| Subdivision Name | Andersonville |
| Total Rooms | 11 |
| Status | Contingent |
| Directions | West of Broadway,East of N. Clark Street,South of Balmoral St and North of Berwyn. |
| High School | Senn High School |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Edgewater |
| Waterfront Y/N | No |
| Street Name | Wayne |
| Elementary School | Peirce Elementary School Intl St |
| Tax Annual Amount | 1437 |
| Middle/Junior High School | Peirce Elementary School Intl St |
| Additional Parcels Y/N | No |
| Days on Market | 7 |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full |
|---|---|
| Street Suffix | Avenue |
| Total Bedrooms | 5 |
| Total Baths | 4 |
| Bedrooms Possible | 5 |
| Basement | Unfinished,Bathroom Rough-In |
| Full Baths Building | 2 |
| Half Baths Building | 2 |
| Total Number of Units | 2 |
Exterior Features
| Water Source | Lake Michigan |
|---|---|
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 3690 |
| Lot Size Acres | 0.09 |
| Other Equipment | Water Heater-Gas |
| Garage Onsite | Yes |
| Garage Type | Detached |
| Garage Ownership | Owned |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60640
Price
Taxes
Visits
Year Built
