5848 W Catalpa Avenue, Chicago IL 60630
$549,900

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Property Description

Fantastic investment opportunity in the desirable Jefferson Park neighborhood-a well-maintained and updated 2-flat that offers both turnkey investment potential and the option for owner-occupancy. Each unit features 2 bedrooms and 1 bathroom, complemented by beautiful hardwood floors, central HVAC, and a bonus back porch. The main floor unit boasts modern upgrades, including stainless steel appliances, maple cabinetry, and new light fixtures. Both units have separate utilities, ensuring convenience and privacy. The unfinished lower level provides dedicated laundry spaces, mechanical systems, and open storage for each unit. Additionally, there is a detached 2.5 garage currently leased to a neighbor, adding extra income potential. Situated on a quiet, tree-lined street, this property is within walking distance to the Gladstone Park Metra station, offers quick highway access, and is close to schools, parks, restaurants, and shopping. Current tenant leases expire in December 2026 and June 2027.

Features & Information

Key Details

  • List Price $549,900
  • Property Taxes $8,625
  • Year Built 1922
  • Status Active
  • List Market Time 23

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Range Hood, Hardwood Floors
  • Rent $1,750/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 06/27
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Range Hood, Hardwood Floors
  • Rent $1,400/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 12/26

Exterior Features

  • Parking

  • # of Cars:  2.5

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property North On Monitor Ave, West On Catalpa To 5848
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • School Name Taft High School
  • Property Taxes

  • Tax 8624.59
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 13082030100000

Listed by Norma Perez for Chicagoland Brokers, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/26/2026 4:32 PM. 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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