TALE OF THE TAPE: 5724 W. Lake Street is a massive 9/3 2-unit located in super-hot West Austin; on the precipice of Oak Park! This jumbo 2-flat sits on an over-sized 40' x 177' lot and has a 3/1 simplex on the first floor and a large 6/2 duplex up. The property has recently been fully upgraded and needs only light cosmetic work to be put back into service! Patch & paint, refinish hardwood floors, clean and you're good to go! There are two newer GFA/ACs and hot water heaters, in-unit and basement laundry and a brand new 2-car garage plus parking pad in the rear. This property is perfect for the live-in owner looking to defer occupancy costs or an astute investor. Area comps support $550K and GPI of over $4,000 per month...that's a stout 10 cap!
Closed
$326,000
5724 W Lake St, Chicago, IL 60644
9beds
--sqft
Multi Family
Built in ----
-- sqft lot
$425,300 Zestimate®
$--/sqft
$1,622 Estimated rent
Home value
$425,300
$404,000 - $447,000
$1,622/mo
Zestimate® history
Owner options
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$1,622/mo
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$1,622/mo
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$2,303/mo
Est. payment
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$2,303/mo
Est. payment
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List your homeWhat's special
In-unit and basement laundryRecently been fully upgradedHot water heaters
Zillow last checked:
Listing updated:
Listing courtesy of:
Scott M Siegel 773-968-1110,
Chicago Real Estate Authority
Bought with:
Bryant Triplett
RE/MAX 10
Source: MRED as distributed by MLS GRID,MLS#: 12530629
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full,Daylight
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 7,080 sqft
- Dimensions: 40 X 177
Details
- Parcel number: 16082260180000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Major remodel year: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA 203K
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $326,000-24.2% |
Source:  MRED as distributed by MLS GRID #12530629 Report a problem | ||
| 1/8/2026 | Contingent | $429,900 |
Source: MRED as distributed by MLS GRID #12530629 Report a problem | ||
| 12/17/2025 | Price change | $429,900-9.5% |
Source: MRED as distributed by MLS GRID #12530629 Report a problem | ||
| 12/12/2025 | Listed for sale | $475,000+163.9% |
Source: MRED as distributed by MLS GRID #12530629 Report a problem | ||
| 9/22/2014 | Sold | $180,000+16.1% |
Source: Public Record Report a problem | ||
| 6/3/1999 | Sold | $155,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $30,000 +15.4% |
| 2023 | $5,486 +2.6% | $26,000 |
| 2022 | $5,348 +17.3% | $26,000 |
| 2021 | $4,559 +26.4% | $26,000 +34.7% |
| 2020 | $3,607 -2.9% | $19,296 -12% |
| 2019 | $3,717 +1.7% | $21,928 |
| 2018 | $3,653 -7.4% | $21,928 +1.1% |
| 2017 | $3,944 -9.2% | $21,695 |
| 2016 | $4,345 +9.3% | $21,695 |
| 2015 | $3,976 +8.5% | $21,695 +9.9% |
| 2014 | $3,663 +2% | $19,745 |
| 2013 | $3,591 +1.4% | $19,745 |
| 2012 | $3,543 -3.8% | $19,745 -13.1% |
| 2011 | $3,682 -0.4% | $22,719 |
| 2010 | $3,697 +4.4% | $22,719 |
| 2009 | $3,543 -3.9% | $22,719 -11.6% |
| 2008 | $3,685 +1% | $25,688 |
| 2007 | $3,648 -1.1% | $25,688 |
| 2006 | $3,688 +54.4% | $25,688 +75.8% |
| 2005 | $2,388 +1% | $14,615 |
| 2004 | $2,364 +2.2% | $14,615 |
| 2003 | $2,313 +303.1% | $14,615 +357.7% |
| 2002 | $574 -75% | $3,193 -75.9% |
| 2001 | $2,295 +1.5% | $13,252 |
| 2000 | $2,261 -0.7% | $13,252 +12.6% |
| 1999 | $2,276 | $11,770 |
Find assessor info on the county website
Neighborhood: South Austin
Nearby schools
GreatSchools rating
- 4/10Ellington Elementary SchoolGrades: PK-8Distance: 0.2 mi
- NADouglass Academy High SchoolGrades: 9-12Distance: 0.2 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
$425,300
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
$425,300
- Illinois
- Cook County
- Chicago
- 60644
- South Austin
- 5724 W Lake St
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