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Kelly Mead

kelly.mead@engelvoelkers.com +1(773) 320-0605

$ 425,000

Est. payment -/mo

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Active Under Contract

5404 S LOCKWOOD AVE Chicago, IL 60638

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12595057

Style Bungalow

Bedrooms 5

Year Built 1930

Annual Tax Amount $3,964

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

This meticulously maintained 5-bedroom, 2.5-bath brick bungalow is a standout turn-key investment or multi-generational home. Located in a prime Garfield Ridge pocket near Archer Avenue, this property underwent a comprehensive series of updates in 2018, blending its original architectural charm with fully modernized systems. The main residence is a Certified Chicago Bungalow that offers a spacious, two-level layout including 3 bedrooms and 1.5 baths. Preserved Detail: The main floor features beautifully restored original trim and gleaming hardwood floors that provide a warmth and character rare in modern construction. Modernized Kitchen: Updated in 2018 with a timeless design, featuring stainless steel appliances and a fantastic, original walk-in pantry, and substantial butcher block island. Upper Level Retreat: The second floor includes a massive bedroom, a half-bath, and a flexible bonus area ready to be finished and perfect for an office or nursery (or keep for storage). Unit 2: The English Garden Suite The lower-level unit is a bright, large one-bedroom suite that offers a modern, comfortable feel. 2018 Updates: Includes a gorgeous bathroom renovation, newer windows, and wall A/C units for tailored climate control. Income Potential: An ideal space for a high-quality rental or a private setup for extended family. Patio & Garage: The exterior living space was enhanced in 2018 with a newly poured concrete patio-a low-maintenance spot for summer dining-and a new two car garage! Solid Infrastructure: Both units have their own electric and heat (water is shared). Prime Location: You are minutes from Midway Airport and the Orange Line, with all the shopping and dining of Archer Avenue just a short stroll away. Whether you're looking for an owner-occupied investment or a classic Chicago home with every major update already handled, this Lockwood bungalow is ready for its next chapter.

Location

State IL

County Cook

Area Chi - Garfield Ridge

Zoning MULTI

Body of Water BUNGALOW

Rooms

Basement Finished, Exterior Entry, Full, Daylight

Interior

Heating Natural Gas, Radiant

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Edward Pluchar of 1% Lists Real Estate Solutions

NEARBY SCHOOLS & PROPERTIES

Kelly Mead

Real Estate Advisor

+1(773) 320-0605

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