Properties

Features
: Gas
: Full , Finished
: Detached , Garage , Garage Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60630
Lovejoy
5426
Avenue
W88° 13' 46.1''
N41° 58' 47.9''
First street North of Milwaukee, West of Central
CHI - Jefferson Park
N
Neighborhood
299
299
299
Additional Information
: Frame
2
124.9x33.5
: Lake Michigan
Compass
Erica Olden
Financial
7187.89
Listing Information
44021
6965
Contingent
2026-11-06T23:30:04Z
MRED
: List Broker Must Accompany
2026-11-06T23:29:01Z
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. Featuring two units with 2 bedrooms and 1 bathroom, and an additional 1 bedroom, 1 bathroom unit (non conforming) in the basement, 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!

Residential Income For Sale

5426 N Lovejoy Avenue, Chicago, Illinois 60630

  • Bedrooms : 4
  • Bathrooms : 2
$670,000
Listing ID#12600798
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12600798
Price : $670,000
Bedrooms : 4
Rooms : 11
Bathrooms : 2
Year Built : 1920
Listing Status : Active Under Contract
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