$589,000

5552 N Major Avenue, Chicago, IL 60630

  • 3 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Rare opportunity to own a well-maintained legal 2-flat in the highly sought-after Jefferson Park neighborhood. Ideally located near O'Hare Airport, major expressways, public transportation, and shopping, this property offers both convenience and long-term value. The building features a total of three bedrooms and three full bathrooms, with Unit 2 fully updated and showcasing modern finishes. A dedicated laundry room adds everyday convenience for tenants. The property also includes a solid brick two-car garage, offering excellent potential for additional rental income. Unit 2 is currently leased at $1200 per month through November 2026, providing immediate and stable cash flow. This is an excellent opportunity for a flipper's dream or owner-occupants seeking a prime location with strong upside. Additionally, the garden unit offers an additional bedroom, a full bathroom, a full kitchen, and two points of entry from the side and rear of the unit.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 7:18AM
Listing Office:
HomeSmart Connect LLC : 847-791-0659
Listing Agent:
Spencer Engquist : 847-791-0659
MLS ID:
12645324
  • Basement: FinishedFullWalk-Out Access
  • Heating: Natural Gas
  • Parking: YesDetachedGarageParking spaces: 2
  • Roofing: Asphalt
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 13082060390000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Spencer Engquist , HomeSmart Connect LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby