5761 North Elston, Chicago IL 60646
- Units 2
- Total Beds 5
- Total Baths 3
- Taxes $7,178.38
- Payment Estimate View Mortgage Calculator
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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!
Features & Information
Key Details
- List Price $625,000
- Property Taxes $7,178.38
- Price/ Sq. Ft. Unavailable
- Year Built 1925
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 2
- Age of Building 91-100 Years
- Exterior Construction Vinyl Siding,Brick
- Heating & Cooling Baseboard, Radiators
-
Units
- Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner
- Unit 2 Stove, Refrigerator, Microwave, Window Air Conditioner
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property West Of Central Ave On Elston Ave On The Northside
-
Schools
- Elementary School District 299
- School Name Farnsworth Elementary Sch
- Junior High District 299
- School Name Farnsworth Elementary Sch
- High School District: 299
- School Name Taft High School
-
Property Taxes
- Tax 7178.38
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 13054150190000
Utilities
- Sewer Sewer-Publ
Listed by Greg Whelan for Redfin Corporation | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/29/2025 7:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Jefferson Park
Often called the "Gateway to Chicago" because of its historical importance to travelers and immigrant passage to the U.S., or a city within a city because of its self-sufficient, small-town environment, Jefferson Park is a neighborhood with rich cultural history and attractive residential property. Homebuyers will find a good assortment of real estate in Jefferson Park that covers every style of living, from contemporary condominiums to early Victorian houses. The area is surrounded by suburban, country club golf courses and thick forest preserves, so Jefferson Park residents are not for want of open space and lush greenery. Many of the homes in this neck of the woods have private yards and the small neighborhood parks provide even more room to stretch the legs and get a breath of fresh air. Entertainment in Jefferson Park comes in the form of community festivals, local theater, and knocking the pins down at the bowling alley. After working up an appetite, set out for any one of Jefferson Park's dozens of restaurants, cafés, bakeries, delis, pizzerias and takeouts.
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