Properties

Features
: Radiator(s)
: Full , Finished
: Garage Door Opener , Detached , Garage , Garage Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60646
Elston
5759
Avenue
W88° 13' 47.4''
N41° 59' 10.5''
From N Milwaukee Ave & N Elston Ave, head SE on N Elston Ave toward the property. Continue SE on N Elston Ave to 5759 N Elston Ave. The property will be along N Elston Ave.
CHI - Jefferson Park
N
MULTI
Neighborhood
Farnsworth Elementary School
299
Taft High School
299
299
Farnsworth Elementary School
Additional Information
: Gated , Curbs , Street Paved , Sidewalks , Street Lights
: Brick
2
25X125
: Public , Lake Michigan
MPower Residential Brokerage LLC
Karla Mina
Financial
10594.27
Listing Information
153734
87688
Pending
2026-11-11T23:31:03Z
MRED
: None
2026-11-09T16:17:58Z
Property Description

OVER $200,000 IN IMPROVEMENTS over the last three years! This is not a flip, just a well-managed and exceptionally improved opportunity in Jefferson Park featuring a legal 2-flat with a finished lower level with a summer kitchen, two additional bedrooms and one full bathroom. A rare find! Especially with BOTH upper units offering 3 bedrooms and 1.5 baths. Extensively updated in 2024-2025, this turnkey property delivers the space, condition, and income potential investors and owner-occupants are looking for. Both legal units feature spacious layouts, separate dining rooms, additional kitchen/dining areas, recessed lighting, and beautifully updated kitchens with quartz countertops, stainless steel appliances, and ample cabinetry. Updated bathrooms and modern finishes make these units stand out. The improvements go well beyond cosmetics, including a new roof, windows, gutters, tuckpointing, flooring, kitchens, bathrooms, and an upgraded rooftop deck over the garage-all completed in 2024-2025. Enjoy the benefits of substantial recent investment without the immediate expense of major renovations. The income is already working for you! Unit 1 is leased at $2,650/month, and Unit 2 at $2,400/month, generating $5,050/month or $60,600 annually in current gross rental income. Explore the short-term rental opportunity! AirDNA market data provided by the seller indicates an average daily rate of $116 and 69% occupancy. At those market benchmarks, a qualifying short-term rental could generate approximately $29,200 in gross annual booking revenue for one unit. Actual results will vary, and gross revenue excludes operating expenses. Additional features include rear decks, a rooftop deck over the 2-car garage, shared outdoor space, and coin-operated laundry. Enjoy convenient access to the Kennedy Expressway (I-90/I-94), O’Hare International Airport, and the Jefferson Park transportation hub, with CTA Blue Line and Metra connections. Nearby shopping and everyday conveniences include Jefferson Park Plaza, Gladstone Corners, Mariano’s, and Jewel-Osco, along with neighborhood restaurants, cafes, parks, and local businesses.

Residential Income For Sale

5759 N Elston Avenue, Chicago, Illinois 60646

  • Bedrooms : 8
  • Bathrooms : 5
$740,000
Listing ID#12796696
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12796696
Price : $740,000
Bedrooms : 8
Rooms : 13
Bathrooms : 5
Year Built : 1983
Listing Status : Pending
Contact Agent