3619 W 5th Avenue

Chicago, Illinois 60624

Good investment opportunity featuring a classic Chicago 2-flat offering a total of 11 bedrooms and 5 bathrooms with strong income potential and value-add upside. The property includes two main units plus a garden-level in-law setup, making it well suited for investors seeking flexible rental options. The 1st floor unit features 4 bedrooms and 2 bathrooms and is currently leased at $2,150 per month on a 12-month lease. The 2nd floor unit offers 5 bedrooms and 2 bathrooms and is currently vacant, with an estimated rent of $2,700 per month. The garden level includes an in-law arrangement with a separate entrance, featuring 2 bedrooms and 1 bathroom; it is also vacant and projected to generate approximately $1,600 per month. Recent updates include updated kitchens and one bathroom in both the 1st and 2nd floor units (2025). The 1st floor unit shares a furnace with the garden level, replaced in 2024, while the 2nd floor unit has a separate furnace. Additional improvements include PVC and copper plumbing, mostly rigid electrical, a brand-new rubber roof with 2-inch insulation (2025), and all brickwork completed in 2025. A solid building with updated systems, flexible leasing options, and immediate upside through lease-up - ideal for investors looking to maximize returns.