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4505 N Artesian Avenue

Chicago, IL 60625
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Bed 5

Bed

Bath 2

Bath

Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30' x 126' Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2010) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, inc luding a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago's most desirable neighborhoods. The property is being sold as-is.

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Detail Ic Property Details

Property Type : Residential Income

Price : $575,000

AD Id : 89393666

MLS Id : MRD12727586

Beds : 5

Year Built : --

Garage : 1

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 5 Room Types: Enclosed Porch, Utility Room-Lower Level, Workshop

    Bathroom Information

    Total Baths: 2

    Room Information

    Rooms Total: 13

    Interior Features

    Roof: Flat

    Roofing Information

    Flat
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Radiator(s) WaterSource: Lake Michigan, Public

  • Lot Information

    Lot Dimensions: 30X126 Lot Size: Oversized Chicago Lot

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$575000

  • Tax Information

    Annual Tax: $11441.65 Tax Year: 2024 Parcel Number: 13132250170000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 1 No Garage, Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 1

  • School Information

    Elementary School: Waters Elementary School Junior High School: Waters Elementary School Senior High School: Amundsen High School
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan, Public
  • Location Information

    City: Chicago Direction: East on Montrose Ave, one block west of Western Ave turn North on Artesian Ave. Just north of Sunnyside Ave.
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Nearby Home Value

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4770 N Manor Avenue #304, Chicago, IL, 60625 $435,000 2 2 1,319 1,319 SqFt
2449 W Foster Avenue #2E, Chicago, IL, 60625 $400,000 2 2 1,200 1,200 SqFt
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ByOwner last updated this listing 08/13/2026 @ 06:20

MLS: MRED #12727586 LISTED BY: Ilsa Conover, Jameson Sotheby's Intl Realty 312-751-0300 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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