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5124 W Kinzie Avenue, Chicago, IL 60644

Cook County

Key Facts

1925Year Built
2Stories

Description

Bring your vision to life with this unique brick multifamily investment opportunity on a prominent corner lot in Chicago's Austin neighborhood. Currently configured as a 4-unit property and situated on two PINs, the basement is partially finished with 2 possible in-law units. Subject to zoning, permitting, and municipal approval. Fully vacant and ready for renovation, this property provides investors and developers with the advantage of immediate access to reimagine, restore, and create value from the ground up. Solid brick construction, corner-lot visibility, and significant value-add potential make this a compelling opportunity to invest in the future. Plant a seed and watch it grow as you unlock the possibilities of this well-positioned asset. Property is being sold as-is. Buyer is responsible for all inspections, due diligence, and verification of all information.

Property Information

Property Type

Commercial Sale

Sub-Type

Multi Family

Year Built

1925

Stories

2

Lot Dimensions

127.5x35.2

Days on Market

38

MLS® Listing#

12657479

Property Features

Financial Details

Annual Taxes

$7,135

Tax year 2024

Parcel Number

16092250170000

Directions

Lake Street N on Laramie, W on Kinzie, N on Leamington

Affordability Calculator

$62,000

Estimated monthly payment

$1,650/mo

Principal $248,000 · Est. interest $345,982 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Chicago, IL

$389,049
Median Listing Price
46
Median Days on Market
1,422
Median Sq Ft
$277
Median Price / Sq Ft
4,620
Active Listings
  • This home’s price is 20% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.

Location

  • 5124 W Kinzie Avenue, Chicago, IL 60644

Points of Interest in Chicago, IL

Showing the Chicago area map.

Nearby Schools

  • Moving Everest Charter School

    Elementary · 0.1 mi away

  • Spencer Technology Academy Elementary School

    Elementary · 0.3 mi away

  • St Martin de Porres School-Leclaire

    School · 0.4 mi away

  • Kipp Create College Prep

    Secondary School · 0.4 mi away

  • Chicago Public Schools

    Elementary · 0.5 mi away

  • Chicago Public Schools

    Elementary · 0.5 mi away

  • Austin Community Academy High School

    Secondary · 0.5 mi away

  • San Miguel School

    School · 0.5 mi away

  • McNair Elementary Community Academy

    Elementary · 0.6 mi away

  • Austin Career Education Center

    School · 0.6 mi away

  • Chicago Public Schools

    School · 0.6 mi away

  • The Field School

    School · 0.7 mi away

  • Ellington Elementary School

    Elementary · 0.7 mi away

  • Catalyst Circle Rock

    School · 0.7 mi away

  • Chicago Public Schools

    School · 0.7 mi away

  • Douglass Academy High School

    Secondary · 0.7 mi away

  • Chicago Jesuit Academy

    School · 0.7 mi away

  • Christ the King Jesuit College Preparatory School

    Secondary School · 0.8 mi away

  • Chicago Public Schools

    School · 0.8 mi away

  • Ronald E McNair Elementary School

    Elementary · 0.8 mi away

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Moving Cost Estimate

EXIT Agents in Chicago

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Listing Courtesy: Coldwell Banker Realty - 7084244000

Based on information submitted to the MLS GRID as of 2026-06-03. 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.

Last Updated: 2026-06-03

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12657479. © 2026EXIT Realty®. All rights reserved.