5417 S Damen AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60609
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12366088
Bedrooms 7
Year Built 1904
Annual Tax Amount $954
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Turnkey 2-Unit with Modern Updates and Huge Upside! Welcome to 5417 S Damen Ave - a beautifully updated and move-in-ready 2-flat with serious income potential and unfinished space waiting to be unlocked! Both units have been thoughtfully refreshed: Unit #1 - 3 bedrooms, 1 bath, freshly painted in 2025, Unit #2 - 4 bedrooms, 1 bath - fresh paint + new stove & fridge (2024). Recent Improvements Include: Brand-new tear-off roof (2024) New rear concrete slab (2025) Furnace + Water Heater (both replaced in 2022) Many windows replaced (2022) One-car garage + extra storage. Gated front yard for added security. Opportunity Awaits: The spacious, unfinished attic is loaded with potential - duplex it with Unit #2 or explore options for adding a third unit (buyer to verify zoning/use). Either way, there's potential for added equity on the table. Great location near public transit, parks, and local amenities. Easy to rent, easy to live in, and even easier to fall in love with. Perfect for: House hackers wanting to live in one unit & rent the other. Investors looking for solid cash flow + long-term appreciation. Value-add buyers ready to capitalize on attic potential. This one has all the big-ticket updates DONE - just move in, rent out, or build more value. Don't wait. Book your showing now before this South Side gem is gone!
Location
State IL
County Cook
Area Chi - New City
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 1.0
Community Features Gated,Sidewalks,Street Lights,Street Paved
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None