Closed

$580,000

5416 Central Avenue, Chicago, IL 60630
7 Beds3 Baths2 days
5416 Central Avenue·Chicago, IL 60630
7Bedrooms
3Bathrooms
1957Year Built
About This Home

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.

MLS# 12274445Listed January 30, 2025Residential IncomeBungalow
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms12

Size & Structure

Garage Spaces3
Year Built1957
Lot Size0.080 acres

Location

CountyCook
TownshipJefferson
Zip Code60630

Financial

List Price$580,000
Annual Taxes (2023)$7,818
Monthly Tax Est.$652
Parcel #13082150650000
Interior Features

Heating

RadiantZoned

Basement

Partially FinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick

Patio & Porch

Screened
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
Farnsworth Elementary School
District: 299
High School
William Howard Taft High School
District: 299
Tax & Financial
Annual Taxes
$7,818
Tax Year 2023
Monthly Tax Est.
$652
per month
Property Location

5416 Central Avenue, Chicago, IL 60630 — Cook County

$580,000
5416 Central Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
2 days on market
3-car garage
0.080 acres
$7,818/yr taxes
$3,700
estimated monthly payment
Principal & Interest
$3,048/mo
Property Tax
$652/mo
$580,000
20% — $116,000
3%50%
6.875%
3%12%
Loan Amount
$464,000
Down Payment
$116,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Real Broker LLC
Agent: Caroline Gau
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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