5848 W Catalpa Avenue Chicago, IL $ 549,900
5848 W Catalpa Avenue
$ 549,900
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5848 W Catalpa Avenue

Chicago, IL, 60630
$ 549,900
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,472

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Multi-Family Home for sale in Chicago, IL

for $549,900 with 4 bedrooms and 2 full baths. This home was built in 1922.

Fantastic investment opportunity in the desirable Jefferson Park neighborhood-a well-maintained and updated 2-flat that offers both turnkey investment potential and the option for owner-occupancy. Each unit features 2 bedrooms and 1 bathroom, complemented by beautiful hardwood floors, central HVAC, and a bonus back porch. The main floor unit boasts modern upgrades, including stainless steel appliances, maple cabinetry, and new light fixtures. Both units have separate utilities, ensuring convenience and privacy. The unfinished lower level provides dedicated laundry spaces, mechanical systems, and open storage for each unit. Additionally, there is a detached 2.5 garage currently leased to a neighbor, adding extra income potential. Situated on a quiet, tree-lined street, this property is within walking distance to the Gladstone Park Metra station, offers quick highway access, and is close to schools, parks, restaurants, and shopping. Current tenant leases expire in December 2026 and June 2027.

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Multi-Family Active

Price

$ 549,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,624

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12701495

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2.5
Construction Materials Aluminum Siding
Year Built 1922
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 37800
County Cook
Insurance Expense 2235
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions NORTH ON MONITOR AVE WEST ON CATALPA TO 5848
High School Taft High School
City Chicago
High School District 299
MLS Area CHI - Jefferson Park
Elementary School Hitch Elementary School
Tax Annual Amount 8624.59
Water Sewer Expense 2988
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 4
Room Type Enclosed Porch
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2.5
Foundation Details Concrete Perimeter
Lot Dimensions 33 X 124
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Chicagoland Brokers, Inc.

Broker

norma@chicagoareahomehunters.com

Email

Affordability Calculator

$4,191
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,472
Monthly Property Taxes
$719
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567100 Elementary School
566846 Middle School
Taft High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$549,900 Listed Price

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5848 W Catalpa Avenue, Chicago, IL, 60630 is a Multi-Family Home for sale at $549,900. 5848 W Catalpa Avenue has 4 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 60630 which is in Chicago, IL