5054 N Lockwood Avenue, Chicago, IL

$520,000

Overview

  • 47981
  • Property ID
  • Updated On:
  • April 2, 2026
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 0 ft2
  • Property Lot Size

Description

Solid income-producing opportunity in a well-maintained 2-flat with additional garden unit (owner cannot confirm the legality of the garden unit), all fully occupied with tenants in place. Each unit features separate utilities, offering ease of management and strong rental potential. Property includes a private patio with a fenced yard and a 2-car detached garage. Conveniently located near expressways, public transportation, and local schools. Ideal for investors seeking immediate cash flow with tenants willing to continue current leases.

Bedrooms
3
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Brick
Brick/Mortar
Detached
Garage Owned
Lake Michigan
Natural Gas
Public Sewer
Sidewalks
Street Lights

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$2,666.14
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,016.14

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Information for the property at 5054 N Lockwood Avenue, Chicago, IL, 60630 (Property ID: 47981) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi