This beautifully maintained brick two-flat with a finished garden unit offers an exceptional turn-key opportunity for savvy investors or owner-occupants looking for passive rental income. Situated on an oversized lot in the highly sought-after Portage Park neighborhood, the building features two bedrooms, one bathroom, on each level and approximately 1000+ square feet of spacious living area. Both primary units have been thoughtfully updated throughout. The interiors highlight modernized kitchens, refreshed bathrooms, beautiful refinished hardwood floors, and private rear balconies. The property is designed with low maintenance and independent living in mind, featuring separate utilities for all units with three electric meters, three gas meters, and three forced-air heating units paired with two rooftop central air units. Additional property features include a newer roof along with a ground-level utility and dedicated coin operated laundry room. Ideally located within walking distance of local schools, Portage Park, and the community swimming pool, this location offers convenient daily living. Commuters will benefit from fast, direct access to both Metra and CTA Blue Line stations. Completely move-in ready with no immediate work required, this property provides a seamless transition to immediate rental income or owner occupancy. First showings on Sunday Nov. 15th from 11am-1pm.
Portage Park, located between Irving Park Road and Belmont Avenue, is a residential and commercial Chicago neighborhood with a grand namesake park and a classic bungalow streetscape. The neighborhood’s character concentrates at Irving Park Road and Central Avenue, where taquerias, old-school bakeries, and corner taverns sit beside everyday storefronts. Brick Chicago bungalows and two-flats line calm blocks, while wider arterials carry steady city motion. Portage Park’s fieldhouse, pool, and broad lawns set the outdoor rhythm in warm months. Community pillars include the Patio Theater’s marquee, Community Tavern’s dining room, and the Six Corners Shops corridor’s long-running retail strip.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished full basement
Bedrooms
6 bedrooms
Bathrooms
3 full bathrooms
Heating & cooling
Central air conditioning in both units
Home design
Two-unit building
Parking
Detached garage with 2 spaces
Construction
Brick construction
Over 100 years old
Utilities
Lake Michigan water
Public sewer
Financial info
Two units: first-floor unit has 2 bedrooms and 1 bathroom; second-floor unit has 2 bedrooms and 1 bathroom
First-floor unit rents for $1,900 per month
Second-floor unit rents for $1,750 per month
Electricity and solar
View estimated energy costs and solar savings for this home
Incredible 2 unit, large layout, great potential. Finished basement, 2 car detached garage on beautiful Irving Park Rd. Approved for Homepath financing
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Lot width
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13164270270000
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Jan 12, 2023.
B3-1
Community Shopping District
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. Development in B3 districts will generally be destination-oriented, with a large Percentage of customers arriving by automobile. Therefore, the supply of off-street parking will tend to be higher in B3 districts than in B1 and B2 districts. The B3 district permits residential dwelling units above the ground floor. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts. The B3 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations (see Sec. 17-3-0401).
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Mixed use
Office
Library
Post office
Veterinary clinic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60641
Average low and high temperatures (°F)
30
17
38
24
54
35
61
44
68
50
82
64
86
70
82
67
79
61
66
52
51
39
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5018 W Irving Park Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $560,000 and $651,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $560K to $651K.