$499,900

beds

baths

half baths

5040 W Patterson Avenue

Chicago, Illinois 60641

Name: 5040 W Patterson Avenue, Chicago, IL 60641
Price: 499900 USD
Availability: InStock

New / MLS #12565253 / Multiple Unit (2-4) / Portage Park

Listing information updated 2/10/2026 at 8:43pm

Bring your vision to this legal 2 unit, with basement option, on a 35x126 lot offering a rare opportunity to create your dream residence or investment property. This large property with great bones is truly a blank canvas, ideal for buyers, builders, or investors looking to customize and add value. Generous room sizes and flexible floor plans featuring a 3 bedroom, 2 bath first floor unit and a 2 bedroom, 1 bath second floor unit, complete with a 3 car garage for ample parking and storage. The lower level has 8' ceilings and another 2 bedroom, 1 bathroom unit. Building hasn't been renovated in awhile, but with improvements can bring in strong rents. Located in the desirable Portage Park/Dunning area, this home is surrounded by neighborhood conveniences including Shabbona Park, local restaurants, coffee shops, grocery stores, and shopping along Irving Park Road and Milwaukee Avenue. Enjoy easy access to public transportation with nearby CTA bus routes and the CTA Blue Line just minutes away for a convenient commute downtown or to O'Hare. Quick access to the Kennedy Expressway makes travel throughout the city and suburbs a breeze. An exceptional opportunity to renovate, redesign, and make this home your own in a well-established neighborhood.

See it in person

Open House

11:00am - 12:30pm Saturday, February 14th, 2026 2/14/26

{"@context":"https:\/\/schema.org","@type":"Event","name":"Open House at 5040 W Patterson Avenue","description":"An Open House at 5040 W Patterson Avenue","startDate":"2026-02-14T11:00:00-06:00","endDate":"2026-02-14T12:30:00-06:00","eventAttendanceMode":"https:\/\/schema.org\/OfflineEventAttendanceMode","eventStatus":"https:\/\/schema.org\/EventScheduled","location":{"@type":"Place","name":"5040 W Patterson Avenue","address":{"@type":"PostalAddress","streetAddress":"5040 W Patterson Avenue","addressLocality":"Chicago","postalCode":"60641","addressRegion":"Illinois","addressCountry":"US"}},"image":"https:\/\/resources.atproperties.com\/images\/MRED\/12\/565\/253\/698beaaf5a830\/1.jpg","organizer":{"@type":"Organization","name":"","url":"https:\/\/www.atproperties.com\/12565253\/5040-w-patterson-avenue-chicago-illinois-60641-nei"},"offers":{"@type":"Offer","price":499900,"priceCurrency":"USD","availability":"http:\/\/schema.org\/InStock","url":"https:\/\/www.atproperties.com\/12565253\/5040-w-patterson-avenue-chicago-illinois-60641-nei","validFrom":"2026-02-11T10:31:57-06:00"},"performer":{"@type":"PerformingGroup","name":""}}

12:30pm - 2:00pm Sunday, February 15th, 2026 2/15/26

{"@context":"https:\/\/schema.org","@type":"Event","name":"Open House at 5040 W Patterson Avenue","description":"An Open House at 5040 W Patterson Avenue","startDate":"2026-02-15T12:30:00-06:00","endDate":"2026-02-15T14:00:00-06:00","eventAttendanceMode":"https:\/\/schema.org\/OfflineEventAttendanceMode","eventStatus":"https:\/\/schema.org\/EventScheduled","location":{"@type":"Place","name":"5040 W Patterson Avenue","address":{"@type":"PostalAddress","streetAddress":"5040 W Patterson Avenue","addressLocality":"Chicago","postalCode":"60641","addressRegion":"Illinois","addressCountry":"US"}},"image":"https:\/\/resources.atproperties.com\/images\/MRED\/12\/565\/253\/698beaaf5a830\/1.jpg","organizer":{"@type":"Organization","name":"","url":"https:\/\/www.atproperties.com\/12565253\/5040-w-patterson-avenue-chicago-illinois-60641-nei"},"offers":{"@type":"Offer","price":499900,"priceCurrency":"USD","availability":"http:\/\/schema.org\/InStock","url":"https:\/\/www.atproperties.com\/12565253\/5040-w-patterson-avenue-chicago-illinois-60641-nei","validFrom":"2026-02-11T10:31:57-06:00"},"performer":{"@type":"PerformingGroup","name":""}}

Full Features

Exterior Type:

Other

Basement:

Partially Finished,Full

Beds Above Grade:

Heating System:

Steam, Radiant

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$5,038

Tax Year:

2024

Location

Zip Code:

60641

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Gray Elementary School

Middle School:

Gray Elementary School

High School:

N/A

Exterior Type:

Other

Basement:

Partially Finished,Full

Beds Above Grade:

Heating System:

Steam, Radiant

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Tax Amount:

$5,038

Tax Year:

2024

Zip Code:

60641

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

Gray Elementary School

Middle School:

Gray Elementary School

High School:

N/A

Listing Office: Compass

Listing Office Phone: 773.466.7150

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/10/2026 at 8:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

5040 W Patterson Avenue

Chicago, Illinois 60641