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About This Home
This 3-bedroom, 2-bathroom residential multi family at 5552 N Major Avenue in Chicago, IL is listed for $599,990. Built in 1957, on a N/A lot.
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 two 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 $900 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.
Key Features
- Built in 1957
- 2 parking spaces
Property Details
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5552 N Major Avenue
Chicago, IL 60630
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 5552 N Major Avenue is listed at $599,990. The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 2 parking spaces.
This property is listed by Spencer Engquist or spencerengquist@yahoo.com.
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Spencer Engquist
Agent at HomeSmart Connect LLC