Exceptional Investment Opportunity - 5004 W Armitage Ave + Vacant Lot. Don't miss this rare chance to own a solid brick 4-unit building in a desirable location, paired with an adjacent vacant lot offering incredible potential for expansion, parking, or future development. This well-maintained 4-flat features: Two spacious 3-bedroom units, each with separate living and dining rooms, full kitchens, and private porches - ideal for families or long-term tenants. Two comfortable 2-bedroom units with functional layouts and full kitchens - perfect for smaller households or income generation. A two-car garage provides convenient off-street parking. A large unfinished basement offers extra storage or potential for additional living space or laundry facilities. Whether you're an investor seeking strong rental income or a homeowner looking to live in one unit and rent the rest, this property offers flexibility and room to grow. The included vacant lot expands your options even further - add outdoor amenities, create additional parking, or explore future development (buyer to verify zoning). Additionally, 4 flat features hardwood flooring, copper piping and each unit has it's own furnace.
Closed
$550,000
5004 W Armitage Ave, Chicago, IL 60639
10beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$756,600 Zestimate®
$--/sqft
$1,868 Estimated rent
Home value
$756,600
$689,000 - $825,000
$1,868/mo
Zestimate® history
Owner options
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$1,868/mo
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$1,868/mo
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$3,883/mo
Est. payment
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$3,883/mo
Est. payment
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List your homeWhat's special
Functional layoutsFull kitchensTwo-car garagePrivate porchesHardwood flooringAdjacent vacant lotCopper piping
Zillow last checked:
Listing updated:
Listing courtesy of:
Amir Dana 847-495-5000,
HomeSmart Connect LLC
Bought with:
Alberto Gonzalez
EXIT Strategy Realty
Source: MRED as distributed by MLS GRID,MLS#: 12434175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Steam, Radiator(s)
Features
- Basement: Unfinished,Exterior Entry,Partial
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Features
- Fencing: Fenced
Lot
- Size: 6,250 sqft
- Dimensions: 50X125
- Features: Corner Lot
Details
- Additional parcels included: 13332260370000
- Parcel number: 13332260360000
- Zoning: OTHER
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Rubber,Flat
Condition
- New construction: No
- Year built: 1926
Details
- Builder model: 4 FLAT
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | $550,000-8.3% |
Source:  MRED as distributed by MLS GRID #12434175 Report a problem | ||
| 8/12/2025 | Contingent | $600,000 |
Source: MRED as distributed by MLS GRID #12434175 Report a problem | ||
| 8/1/2025 | Listed for sale | $600,000+818.4% |
Source: MRED as distributed by MLS GRID #12434175 Report a problem | ||
| 2/1/1994 | Sold | $65,333 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $48,000 +103.3% |
| 2023 | $4,282 -16.9% | $23,612 -17.1% |
| 2022 | $5,153 +1.9% | $28,473 |
| 2021 | $5,056 +13.8% | $28,473 +23.5% |
| 2020 | $4,443 -5.4% | $23,048 -14% |
| 2019 | $4,695 +1.7% | $26,800 |
| 2018 | $4,615 -16.8% | $26,800 -8.1% |
| 2017 | $5,548 -4.2% | $29,147 -7.2% |
| 2016 | $5,793 +9.8% | $31,421 |
| 2015 | $5,277 +1.3% | $31,421 +2.5% |
| 2014 | $5,211 -3.7% | $30,654 -5.4% |
| 2013 | $5,413 +0.9% | $32,389 |
| 2012 | $5,364 +52.5% | $32,389 +36.5% |
| 2011 | $3,517 +5.8% | $23,725 |
| 2010 | $3,325 -17.6% | $23,725 -25.4% |
| 2009 | $4,033 +42.2% | $31,799 -21.1% |
| 2008 | $2,837 +3.2% | $40,320 |
| 2007 | $2,749 -25% | $40,320 |
| 2006 | $3,667 +25.4% | $40,320 +59.9% |
| 2005 | $2,924 +3.6% | $25,215 |
| 2004 | $2,823 +4.4% | $25,215 |
| 2003 | $2,703 -5.3% | $25,215 +42.3% |
| 2002 | $2,856 +5.1% | $17,720 |
| 2001 | $2,718 +45% | $17,720 |
| 2000 | $1,875 | $17,720 +50.7% |
| 1999 | $1,875 | $11,760 |
Find assessor info on the county website
Neighborhood: Cragin
Nearby schools
GreatSchools rating
- 4/10Lloyd Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Northwest Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Foreman High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$756,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$756,600
- Illinois
- Cook County
- Chicago
- 60639
- Cragin
- 5004 W Armitage Ave
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