REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,900
Est. payment /mo
New
2031 S 5th AVE Maywood, IL 60153
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12738098
Bedrooms 8
Year Built 1932
Annual Tax Amount $13,356
Tax Year 2023
Lot Dimensions 45x125
Property Sub-Type Two to Four Units
Property Description
Fantastic opportunity for an owner-occupant or investor! This beautifully updated Maywood 2-flat features two spacious 3-bedroom, 1-bath apartments, plus additional finished garden-level living space ideal for extended family, guests, a home office, or recreation. Both main units are move-in ready with hardwood floors, updated kitchens with white cabinetry and stainless-steel appliances, refreshed bathrooms, neutral finishes, and generously sized rooms. Each apartment has separate gas and electric utilities and its own furnace. Owner pays water. The entire property is being delivered vacant, giving the new owner the flexibility to occupy either unit and rent the other, or select tenants for both units from day one. With updated 3-bedroom apartments in the area renting for approximately $2,000-$2,200 per month, this is a strong opportunity to combine homeownership with rental income. The finished garden level adds valuable additional space, and private exterior parking provides added convenience. Whether you're looking to live in one unit while generating income from the other or add a turnkey multifamily property to your portfolio, 2031 S 5th Ave offers an excellent combination of space, flexibility, and long-term value.
Location
State IL
County Cook
Area Maywood
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 89 , 89, 209
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Anca Rader of Charles Rutenberg Realty