5426 N Lovejoy Avenue, Chicago, Illinois 60630
- $670,000
- 5
- BD
- 3
- BA
- List Price
- $670,000
- MLS#
- 12600798
- Status
- NEW
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 5
- Bathrooms
- 3
- County
- Cook
- City
- Chicago
- Neighborhood
- Jefferson Park
- Days On Market
- 4
Property Description
Welcome to this Lovingly Maintained Gladstone Park Gem! Owned and cherished by the same owner-occupant for over 20 years, this two-flat at 5426 N Lovejoy shines with true pride of ownership and consistent, thoughtful updates throughout. It's the perfect opportunity for an investor or an owner-occupant seeking a move-in-ready home with built-in income. You'll be greeted by a gorgeous front porch, the perfect spot for your morning coffee. Both the first and second floors offer 2 bedrooms and 1 bathroom with bright, functional layouts. The first-floor unit includes a versatile bonus space, ideal as an office, sitting room, or additional sleeping area, along with a charming wood-burning fireplace. The finished basement features a 1-bedroom, 1-bathroom in-law suite (non-conforming), offering excellent flexibility for extended family. Enjoy immediate cash flow, with the first floor recently renting for $2,160/month (currently owner-occupied) and the second floor at $1,975/month. This building has been lovingly maintained with numerous mechanical updates over the years, including new electric and copper plumbing throughout all three units. Units 1 and 2 feature updated can lighting in the kitchens, with Unit 2 also updated in the dining area. The first- and second-floor hardwood floors have both been recently refinished. Additional conveniences include shared basement laundry for all occupants and a sump pump/flood control system for added peace of mind during rainy months. Located in a quiet, tree-lined section of the neighborhood, you're just minutes from the Blue Line, Metra, and I-90/94 - a true commuter's dream. Don't miss this rare find, where long-term pride of ownership meets modern rental demand!
Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2025
- Tax Exemptions
- Homeowner
- Year Built
- 1920
- Lot Dimensions
- 124.9x33.5
- Lot Size Range
- Less Than .25 Acre
- Units
- 3
- Garage Spaces
- 2
- Parking Spaces
- 2
- Parking Details
- Yes, Garage Owned, Detached, Garage
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
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