5759 N Elston Avenue Chicago, IL 60646
Updated legal 2-flat in Jefferson Park with a finished English Garden Unit. Both legal units feature 3 bedrooms, 1.5 baths, spacious layouts with separate dining areas and additional kitchen dining space, recessed lighting, and updated kitchens with quartz countertops, stainless steel appliances, and ample cabinetry. Unit 1 is leased for $2,650/month and Unit 2 for $2,400/month, generating $5,050/month or $60,600 annually. Unit 1 rent includes electricity, gas/heat, water, trash, landscaping, and one garage parking space. Unit 2 rent includes electricity and water. The finished basement is currently vacant and offers 2 bedrooms and 1 full bath, with estimated rental potential of approximately $2,300/month, subject to applicable laws, zoning, approvals, and permitted use. If legally approved for rental use, potential gross income could reach approximately $7,250/month or $87,000 annually. 2024-2025 improvements include a new roof and windows, updated kitchens and bathrooms, tuckpointing, and improvements to the garage-top deck. Additional features include rear decks, shared outdoor space, and coin-operated laundry. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Excellent opportunity for an investor, owner-occupant, or multi-generational household.
Baird & Warner Jeffrey Schwartz Email
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Listing Office: MPower Residential Brokerage LLC
Listing Office Phone: 312-498-8473
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