Exceptional multi unit income potential in highly desirable Garfield Ridge!This traditional frame multi-family property offers a unique and highly versatile layout for both savvy investors and house hackers. Features two independent, sun filled units each offering a functional 2 bedroom, 1 bathroom floor plan. Adding massive value to this property is the top floor studio unit / in-law arrangement situated right above the second floor, complete with its own bathroom and kitchen Perfect for multi generational living, a private home office, or maximizing your monthly rental streams. A massive bonus for city living , the exterior features an expansive parking area capable of comfortably fitting up to 6 vehicles .A premium asset for tenants. The property is ideally located just minutes from Midway Airport, local transit, schools, and parks. Bring your finishing touches to unlock immediate equity and premium cash flow in this versatile investment property!
Active
$449,900
5263 S Central Ave, Chicago, IL 60638
4beds
--sqft
Multi Family
Built in 1912
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private home officeSun filled units
- 14 days
- 267
- 14
Zillow last checked:
Listing updated:
Listed by:
Orlando Alvarez 708-320-0002,
HomeSmart Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12780323
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Parking features: Off Alley, Off Site
Lot
- Size: 3,750 Square Feet
- Dimensions: 125x30
Details
- Parcel number: 19093080220000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $320,000
- Annual tax amount: $6,262
- Date on market: 10/8/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2015 | Sold | $133,014+11% |
Source:  MRED as distributed by MLS GRID #09060769 Report a problem | ||
| 11/12/2015 | Pending sale | $119,780 |
Source: Carrington Real Estate Services(Us) Llc #09060769 Report a problem | ||
| 10/10/2015 | Listed for sale | $119,780+21.2% |
Source: Carrington Real Estate Services(US) LLC #09060769 Report a problem | ||
| 7/24/2014 | Listing removed | $98,800 |
Source: REALHome Services and Solutions Report a problem | ||
| 5/17/2014 | Listed for sale | $98,800-62% |
Source: REALHome Services and Solutions Report a problem | ||
| 11/14/2005 | Sold | $260,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,458 +52.2% | $32,000 +60% |
| 2023 | $4,243 +2.6% | $20,000 |
| 2022 | $4,137 +2.9% | $20,000 |
| 2021 | $4,022 +3.3% | $20,000 +15.2% |
| 2020 | $3,894 -4.6% | $17,366 -14% |
| 2019 | $4,083 -1.6% | $20,193 -3.2% |
| 2018 | $4,149 -21.8% | $20,868 -14.8% |
| 2017 | $5,306 +7.5% | $24,488 |
| 2016 | $4,937 +9.2% | $24,488 |
| 2015 | $4,520 +15.1% | $24,488 +16.5% |
| 2014 | $3,929 +2% | $21,011 |
| 2013 | $3,852 +1.3% | $21,011 |
| 2012 | $3,801 -16.9% | $21,011 -25% |
| 2011 | $4,572 -0.5% | $28,022 |
| 2010 | $4,593 +4.3% | $28,022 |
| 2009 | $4,405 +2.1% | $28,022 -6.1% |
| 2008 | $4,313 +0.9% | $29,842 |
| 2007 | $4,273 -1.1% | $29,842 |
| 2006 | $4,320 +48.8% | $29,842 +68% |
| 2005 | $2,903 +32.4% | $17,767 |
| 2004 | $2,193 +4.4% | $17,767 |
| 2003 | $2,100 -5.4% | $17,767 +26.3% |
| 2002 | $2,220 -9.8% | $14,062 |
| 2001 | $2,461 -12.1% | $14,062 |
| 2000 | $2,798 -0.7% | $14,062 -2.4% |
| 1999 | $2,817 | $14,414 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Garfield Ridge
Nearby schools
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