5759 N Elston Avenue, Chicago, IL 60646

$769,000
  • 5759 N Elston Avenue, Chicago, IL 60646 Main Photo

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Active
BEDS8 BATHS5 full MLS#12777301
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Updated legal 2-flat in Jefferson Park with a finished English Garden Unit. Both legal units feature 3 bedrooms, 1.5 baths, spacious layouts with separate dining areas and additional kitchen dining space, recessed lighting, and updated kitchens with quartz countertops, stainless steel appliances, and ample cabinetry. Unit 1 is leased for $2,650/month and Unit 2 for $2,400/month, generating $5,050/month or $60,600 annually. Unit 1 rent includes electricity, gas/heat, water, trash, landscaping, and one garage parking space. Unit 2 rent includes electricity and water. The finished basement is currently vacant and offers 2 bedrooms and 1 full bath, with estimated rental potential of approximately $2,300/month, subject to applicable laws, zoning, approvals, and permitted use. If legally approved for rental use, potential gross income could reach approximately $7,250/month or $87,000 annually. 2024-2025 improvements include a new roof and windows, updated kitchens and bathrooms, tuckpointing, and improvements to the garage-top deck. Additional features include rear decks, shared outdoor space, and coin-operated laundry. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Excellent opportunity for an investor, owner-occupant, or multi-generational household.

5759 N Elston Avenue | MLS# 12777301

This multi-family property located at 5759 N Elston Avenue, Chicago, IL 60646 is currently listed for sale with an asking price of $769,000. N Elston Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Radiator(s)
Lot Size: 0.07 Acres
Roof Type: Flat
Taxes: $10,594
Year Built: 1983

Feature Descriptions

Additional Structures: None
Bath Features: No Tub
Exterior: Brick
Lot Dimensions: 25X125
Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
Parcel#: 13054150200000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 13
Township: Jefferson
Water: Lake Michigan, Public

Local Schools

High School: Taft High School
Middle School: Farnsworth Elementary School
Elementary School: Farnsworth Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: MPower Residential Brokerage LLC
Agency Phone: 312-498-8473

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Estimated Payment

$ 2,818.59 per month $1,711.46 Principal & Interest $882.83 Property Tax $224.29 Homeowner's Insurance

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