5626 N Central Avenue, Chicago IL 60646
Property Description
Updated Jefferson Park legal 3 flat. Live close to it all, at the edge of the city amongst the forest preserves, bike/running paths and golf courses, but just close enough to transportation for convenience. Invest in a high demand area bringing increased rental rates. This solid property has been well maintained and recently updated to increase equity and maximize income. There is still an opportunity to further increase equity and ROI by updating the 2nd floor unit; 2 of 3 units already updated. Bright and open floor plans with shared laundry in the basement. Fully leased at market rates with potential for a quick turnaround (current Leases thru 3-4/27) to further update and increase rents, extend current Tenants or turn into an owner-occupied investment property. Well manicured landscaping and inviting backyard with 2+ car garage. Utilities separately metered. Newer roof and windows. TENANT OCCUPIED. BEING SOLD AS-IS.
Features & Information
Key Details
- List Price $739,000
- Property Taxes $9,763
- Year Built 1957
- Status Active
- List Market Time 9
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
- Rent $1,935/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 4/27
-
Unit 2
- Floor 2
- Rooms 7
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
- Rent $1,800/mo
- Tenant Pays Electric,Gas,Heat,Parking
- Lease Expires 3/27
-
Unit 3
- Floor G
- Rooms 5
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator, Microwave
- Rent $1,345/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 3/27
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 61-70 Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Central Ave, North Of Bryn Mawr.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 9763
- Tax Year 2025
- Parcel Identification Number 13054330480000
Listed by Melanie Giglio for Compass | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026 10:32 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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