5263 S Central Avenue, Chicago IL 60638
Property Description
Exceptional multi unit income potential in highly desirable Garfield Ridge!This traditional frame multi-family property offers a unique and highly versatile layout for both savvy investors and house hackers. Features two independent, sun filled units each offering a functional 2 bedroom, 1 bathroom floor plan. Adding massive value to this property is the top floor studio unit / in-law arrangement situated right above the second floor, complete with its own bathroom and kitchen Perfect for multi generational living, a private home office, or maximizing your monthly rental streams. A massive bonus for city living , the exterior features an expansive parking area capable of comfortably fitting up to 6 vehicles .A premium asset for tenants. The property is ideally located just minutes from Midway Airport, local transit, schools, and parks. Bring your finishing touches to unlock immediate equity and premium cash flow in this versatile investment property!
Features & Information
Key Details
- List Price $449,900
- Property Taxes $6,263
- Year Built 1912
- Status Active
- List Market Time 8
Units
-
Unit 1
- Floor 1
- Rooms 4
- Beds 2
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Electric,Gas
- Lease Expires N/A
-
Unit 2
- Floor 2
- Rooms 4
- Beds 2
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Electric,Gas
- Lease Expires NA
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Stickney
- Corporate Limits Chicago
- Directions to Property Archer Ave To Central . North On Central To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 6262.77
- Tax Year 2025
- Parcel Identification Number 19093080220000
Listed by Orlando Alvarez for HomeSmart Realty Group | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/2026 5:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Garfield Ridge
The southwest Chicago neighborhood of Garfield Ridge manages to retain its original rural charm while seamlessly melding urban culture and suburban design. This odd hodgepodge results in an idyllic spot for families, people transitioning to the Chicago area, and anyone who enjoys having a house and yard, but likes to jet into the city at the drop of a hat. With Midway Airport next door, you could jet to any city at the drop of a hat really – but most Garfield Ridge residents prefer to stick to their own neighborhood, which is big on traditional comfort food and friendly pubs. Mom-and-pop bakeries and family-run diners are all the rage in Garfield Ridge, but it's still easy to get a good slice of pizza or slab of ribs whenever the mood strikes.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.