$ 580,000 $ 580,000

5416 N Central AVE

Chicago, IL 60630

  • 7 Beds
  • 3 Baths
  • 3,484 Lot Size
  • 1957 Year Built
CHARMING CLASSIC CENTRAL~Multi-Family Home with Tons of Potential in Jefferson Park! This 2 flat building, owned by the same family for generations, is now ready for its next chapter. THREE Bedrooms on each floor. With two units plus a garden-level unit, it's perfect for investors or anyone looking to live in one unit while renting out the others. The main floor unit is in great shape and full of character, though it could benefit from some updating. The second-floor unit needs a complete rehab but offers a fantastic opportunity to make it your own. Both units are supported by newer heating systems for added peace of mind. The property includes a detached 2.5 car garage and sits in a prime Jefferson Park location, close to shops, restaurants, and public transportation. Whether you're looking to restore its charm or add modern touches, this home is ready for your vision. It's a rare chance to own a property with history and potential in one of Chicago's most convenient neighborhoods. Boilers 2006. Right side boiler for 1st & garden units H2O 2017. Left side boiler for 2nd floor h20 2014. Garage door & opener 5 years. No central air. This is an estate sale. Sold AS-IS. The owners have taken good care of the building for decades. A new owner will likely want to replace the roof and water supply lines. Achosa Home Warranty included. Just imagine your equity and income potential growing here in Jeff Park.
Listed by Caroline Gau of Real Broker LLC , Sold By Ryan Luu of Real People Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $580,000

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12274445

    Sold Date 02/26/25

    Style Bungalow

    Bedrooms 7

    Year Built 1957

    Annual Tax Amount $7,818

    Tax Year 2023

    Lot Size 3,484 Sqft

    Lot Dimensions 30X125

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Area Chi - Jefferson Park

    Zoning MULTI

  • Rooms

    Basement Partially Finished, Full, Walk-Out Access

  • Building

    Building Description Brick, No

    Sewer Public Sewer

    Water Lake Michigan

    Structure Type Brick

    New Construction false

  • Interior

    Heating Radiant, Zoned

    Fireplace N

  • Exterior

    Garage Spaces 2.5

    Community Features Sidewalks, Street Lights, Street Paved

  • Schools

    Elementary Schools Farnsworth Elementary School

    High Schools William Howard Taft High School

    School District 299 , 299, 299

  • Others

    Ownership Fee Simple

    Special Listing Condition Home Warranty

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CONTACT

Caroline Gau
Caroline Gau

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