About This Home

This 5-bedroom, 5-bathroom residential multi family at 5220 W Washington Boulevard in Chicago, IL is listed for $415,000. Built in 1960, on a 0.10 acres lot.

Key Features

  • Built in 1960
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
5 full
1960
Listing Description

FULL-BRICK 5-UNIT MULTI FAMILY INVESTMENT - NEAR DOWNTOWN OAK PARK - Rare opportunity to own a meticulously maintained, full-brick 5-unit apartment building on a quiet residential street, just over one mile from vibrant Downtown Oak Park and approximately eight miles from Downtown Chicago.

This well-maintained multifamily property offers five spacious units, strong rental appeal, and excellent investment potential. Each apartment features generous living space and functional floor plans designed to appeal to today's renters. Property Highlights: Full-brick construction - 5 spacious apartment units - Private parking lot with up to 7 v

ehicles - On-site coin-operated laundry with additional income potential - Separate hot water tanks for each unit - Well-maintained building and grounds - Quiet residential location near Downtown Oak Park - Close to shopping, dining, parks, public transportation, and Chicago.

The owner currently pays heat for four of the five units, along with common-area electric, water, insurance, and real estate taxes. The garden unit tenant pays their own utilities. With its solid brick construction, oversized apartments, off-street parking, and desirable location, this property offers an excellent opportunity for investors looking to expand their portfolio or acquire their first multifamily property. A rare combination of location, functionality, and long-term investment potential.

Monthly Cost Estimate

$2,220/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121

Estimates only. Actual payments may vary.

Location

5220 W Washington Boulevard

Chicago, IL 60644

Property Details

Construction

Brick Concrete Steel Siding Stone

Questions & Answers

This 5-bedroom, 5-bathroom residential multi family at 5220 W Washington Boulevard is listed at $415,000. The estimated monthly payment is $2,219 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.10 acre lot, 2 stories.

This property is listed by Mine Beevis.

MB

Mine Beevis

Agent at john greene Realtor

Listed by john greene Realtor · Broker phone: 6308206500 · View on Broker Site · Broker website

MLS# 12770165· Source: Midwest Real Estate Data, LLC· 34 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5220 W Washington Boulevard, Chicago, IL 60644

Open this listing in: