Welcome to 5426 N Western, a fully renovated, impeccably maintained, all-brick building offering two upgraded units with exceptional long-term value and a projected Cap Rate of 6.8%! Completed in 2023, this renovation includes all new plumbing, electrical, two tankless water heaters, central heating and cooling systems, plus new kitchens, baths, windows (virtually no street noise), doors, and lighting – ensuring stylish offerings, modern efficiency and low-maintenance living throughout. Unit #1 (4BR/2BA duplex down) designed as an owner’s unit, features a brand-new stylish kitchen, with SS appliances, quartz counters, shaker cabinets, under cabinet lighting, floating shelves, some glass cabinetry and enormous picture window. Also, updated baths, new flooring, a modern fireplace, custom closets, and additional living space and a dedicated laundry room with side-by-side washer/dryer + utility sink, new 2023 central heat + air conditioning and was most recently rented for $4,500 in 2025 – demonstrating strong rental potential. Unit #2 (3BR/1BA simplex) was renovated with a new kitchen, with SS appliances, quartz counters, white shaker cabinets, new lighting plus features an enclosed porch perfect as mudroom and additional storage. Also, in unit washer/dryer, contemporary fireplace, updated bath, refinished floors and in 2025 received new high-efficiency mini-split systems providing both heating and cooling. Unit #2 is currently rented under market at $2,750 per month through January 2027, offering stable income with future upside. Additional highlights include an EV charger in the garage, keyless entry throughout, radon mitigation system installed 2025, excellent building condition, easy street parking, and a prime location near the shopping, dining, parks, and transit of Chicago’s beloved Lincoln Square, Ravenswood + Andersonville communities. This quiet, turnkey, income-producing property is ideal for investors, owner-occupants, SFH conversion, Airbnb or multi-generational living – an exceptional opportunity in a highly desirable location!
Property Details
Price:
$925,000
MLS #:
MRD12571983
Status:
Active Under Contract
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chilincolnsquare
Listed Date:
Mar 2, 2026
Year Built:
1924
Schools
School District:
299
Elementary School:
Jamieson Elementary School
Middle School:
Jamieson Elementary School
High School:
Mather High School
Interior
Heating
Forced Air, Baseboard, Sep Heating Systems – 2+, Indv Controls
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Flat
Financial
Tax Year
2024
Taxes
$17,479
Listing Agent & Office
Hayley Westhoff
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Copyright 2026. All rights reserved.
5426 N Western Avenue
Chicago, IL


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