Homes for sale - 5761 N Elston Avenue, Chicago, IL 60646

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Greg Cirone

xragents@gmail.com +1(708) 415-6755

$625,000

Est. payment - /mo

5 Beds

3,049 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12309249

Bedrooms 5

Year Built 1925

Annual Tax Amount $7,178

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Welcome to this beautifully updated (2021) and meticulously maintained legal 2-flat in the heart of Jefferson Park! This is the kind of opportunity savvy investors and house hackers dream about. Let's talk about the units: Both feature modern kitchens with sleek stainless steel appliances, elegant quartz countertops, and tons of natural light pouring into two bright, spacious rooms with ample closet space. Both bathrooms have been tastefully updated, so no work needed there! Now, the income potential is serious: Basement unit - Rented to a reliable month-to-month tenant at $1000/month; Unit 1 - Former owners unit rented at $1,875/month, Currently month to month - Unit 2 - with the lease ending in June $1,700/month. Additional highlights include a washer and dryer (new in 2021), two boiler systems, and two water heaters (2021, 2025). Plus, you've got three separate electric and gas meters, which makes managing expenses easy. Out back, there's a nicely sized backyard and a two-car garage currently used by the tenants. Commuting? No problem - the Jefferson Park Blue Line is just down the street, and you're surrounded by great restaurants and bars. This is the perfect setup for a live-in landlord - live in one unit, rent out the others, and let your tenants help cover the mortgage. Or, rent them all and watch the cash flow roll in! (Note: Sellers cannot guarantee the legality of the basement unit.) This one's a winner - don't miss it!

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Baseboard, Radiator(s)

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Brick

New Construction false

Schools

Elementary Schools Farnsworth Elementary School

Middle Schools Farnsworth Elementary School

High Schools Taft High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Greg Whelan • Redfin Corporation

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Greg Cirone

+1(708) 415-6755

Managing Broker | License ID: 471003959

Managing Broker License ID: 471003959

5761 N Elston Avenue Chicago, IL 60646

Greg Cirone

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5761 N Elston Avenue