5426 N Western Avenue, Chicago, IL 60625

• 7 beds |
• 3 baths

Property Description

Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting - ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner's unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 - demonstrating strong rental potential. Unit #2 (3BR/1BA) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago's beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living - an exceptional opportunity in a highly desirable location!

Listing Status:

Active

Data Last Updated:

March 4, 2026 at 7:18AM

Listing Office:

Compass : 773-729-0594

Listing Agent:

Hayley Westhoff : 773-729-0594

MLS ID:

12571983

Interior

• Rooms: Utility Room-Lower Level
• Basement: FinishedFull
• Heating: Forced AirBaseboardSep Heating Systems - 2+Indv Controls

Exterior

• Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 2

Construction

• Roofing: Flat

Location

• HOA Amenities: CurbsSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: OTHER13122180140000
• Fencing: Fenced

Utilities

• Water: Lake MichiganPublic
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple