$360,000
SOLD DEC 19, 2025
5 Beds
2 Baths
-- Sq Ft
-- Built

Recently Sold

4% Below List Price

0 Day on Market

About This Home

As of December 2025

This classic brick two-flat is located just south of Madison Street in the heart of historic Maywood. Well-maintained and thoughtfully updated, the property offers immediate cash flow and long-term upside-ideal for investors, house hackers, or owner-occupants seeking flexibility and value. The building spans over 2,100 square feet across two spacious units. The second-floor unit features three bedrooms and one bathroom and was fully renovated in early (2025) with a brand-new bathroom, new kitchen cabinets and countertops, stainless steel appliances, and fresh paint throughout. The first-floor unit includes two bedrooms and one bathroom and is currently leased at $1,600 per month as of June (2024)-providing steady income from day one. Several major updates have already been completed to ensure long-term durability and efficiency. The roof was resealed (2021), and both central AC units were installed that same year (2021). In (2022), both water heaters were newly replaced, and comprehensive tuckpointing was completed across the exterior brickwork. Both units include central air conditioning-a rare and desirable amenity in vintage multi-units. The full unfinished basement offers tall ceilings and significant potential for future build-out or added storage. A large backyard provides ample space for outdoor enjoyment or the addition of a garage. For owner-occupants, this is a prime house hacking opportunity. Living in one unit while renting out the other can offer meaningful financial and tax-related benefits that enhance overall affordability and make long-term ownership more attractive. The property retains its classic brick facade and preserved architectural details, enhancing its curb appeal. Centrally located just minutes from I-290, the Metra station, Loyola Medical Center, local parks, schools, and retail, this property is positioned in a high-demand area with strong rental interest. Whether you're adding to your portfolio or purchasing your first multi-unit, 315 S 5th Ave delivers space, income, and long-term potential.

Last Agent to Sell the Property

Cynthia Windeler

Keller Williams Premiere Properties License #471020034 Listed on: 12/08/2025

Keller Williams Premiere Properties

Co-Listed By

Jose Hernandez

Keller Williams Experience License #475193682

Last Buyer's Agent

David Piche

Piche Partners License #471011690

Piche Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,356

Home Design

  • Brick Exterior Construction
  • Stone Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 40x132
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,356

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick, Stone
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes, Other
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 40X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 13356
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $360,000 -4.0% --
12/08/2025 12/08/25 For Sale $374,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,356 $31,000 $2,917 $28,083
2024 $13,356 $31,000 $2,917 $28,083
2023 $9,675 $31,000 $2,917 $28,083
2022 $9,675 $17,185 $2,519 $14,666
2021 $9,714 $17,184 $2,518 $14,666
2020 $9,471 $17,184 $2,518 $14,666
2019 $9,999 $15,826 $2,253 $13,573
2018 $9,728 $15,826 $2,253 $13,573
2017 $9,401 $15,826 $2,253 $13,573
2016 $8,489 $13,669 $1,988 $11,681
2015 $7,913 $13,669 $1,988 $11,681
2014 $7,236 $13,669 $1,988 $11,681
2013 $7,129 $14,738 $1,988 $12,750
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12529358

Midwest Real Estate Data (MRED)