5212 N Ludlam Avenue, Chicago IL 60630
$465,000

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Property Description

Fantastic investment opportunity in Chicago! This 2-flat offers strong income potential with two legal units, each featuring 2 bedrooms and 1 bath, along with hardwood floors throughout. Ideal for investors. The property also includes a nonconforming basement unit, offering additional flexibility and potential for extended living or storage. A detached garage provides an added income stream, currently rented to a non-resident tenant. Conveniently located with easy access to local amenities, transportation, and more, this property is a smart addition to any portfolio. Don't miss this versatile, income-producing opportunity! Being sold AS-IS.

Features & Information

Key Details

  • List Price $465,000
  • Property Taxes $10,392
  • Year Built 1923
  • Status Active
  • List Market Time 12

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Microwave
  • Rent $1,350/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Microwave
  • Rent $1,550/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

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

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Central North Of Foster To Farragut East To Ludlam
  • Schools

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

  • Tax 10392.03
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 13091150360000

Listed by Niki Syllantavos for Redfin Corporation | 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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