Chicago, IL 60646 5761 N Elston Avenue
$625,000



15 more
















Presented By: Redfin Corporation
Home Details
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!
Presented By: Redfin Corporation
Interior Features for 5761 N Elston Avenue
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units2
General for 5761 N Elston Avenue
CityChicago
Community FeaturesCurbs, Sidewalks, Street Lights
Construction MaterialsVinyl Siding, Brick
ContingencyAttorney/Inspection
CountyCook
DirectionsWest of Central Ave on Elston Ave on the northside
Elementary SchoolFarnsworth Elementary School
Elementary School District299
Garage Spaces2
HeatingBaseboard, Radiator(s)
High SchoolTaft High School
High School District299
MLS AreaCHI - Jefferson Park
Middle/Junior High SchoolFarnsworth Elementary School
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount7178.38
Tax Year2023
Total Rooms12
TownshipJefferson
Virtual TourClick here
Waterfront Y/NNo
Year Built1925
ZoningMULTI
Exterior for 5761 N Elston Avenue
Lot Dimensions25X125
Lot Size Acres0.07
Other EquipmentCeiling Fan(s)
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
Middle School
Farnsworth Elementary School
High School
Taft High School
