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5761 N Elston Avenue, Chicago, IL 60646

5761 N Elston Avenue, Chicago, IL 60646
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!
Bedrooms5
Bathrooms3
Lot Acres0.07
Year Built1925

Porperty Highlights

  • Price $625,000
  • Bedrooms 5
  • Land Area 0.07 Acres
  • Property ID 12309249
  • Bathrooms 3
  • Garages 2
  • Property Status Active
  • Year Built 1925
  • Rooms 12
  • Garage Size x x
  • Property Type Residential Income
  • Sewer Public Sewer
  • Heating Baseboard,Radiator(s)
  • County Cook
  • Property Type Residential Income
  • Elementary School Farnsworth Elementary School
  • Middle School Farnsworth Elementary School
  • High School Taft High School
  • Community Features Curbs,Sidewalks,Street Lights
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Property Features

Luxury Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

Video Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

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Floor Plans

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Frequently Asked Questions

We provide personalized consultation for purchasing luxury properties, including custom property searches, negotiation assistance, and support throughout the entire acquisition process, including connections with industry professionals such as lawyers and notaries.

You can contact us directly through our contact form or by phone to schedule an appointment with one of our experts. We will evaluate your property and create a customized marketing strategy to ensure you get the best possible return.

Yes, we offer comprehensive property management services for luxury homes, including maintenance, rental management, and oversight of daily operations to ensure your investment is always in top condition.

Purchasing a property in these areas means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

Absolutely. We offer detailed and personalized virtual tours for every property, allowing you to explore homes from anywhere in the world. Contact us to schedule a virtual tour appointment.

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5761 N Elston Avenue, Chicago, IL 60646

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