Fantastic investment opportunity in Chicago! This 2-flat offers strong income potential with two legal units, each featuring 2 bedrooms and 1 bath, along with hardwood floors throughout. Ideal for investors. The property also includes a nonconforming basement unit, offering additional flexibility and potential for extended living or storage. A detached garage provides an added income stream, currently rented to a non-resident tenant. Conveniently located with easy access to local amenities, transportation, and more, this property is a smart addition to any portfolio. Don't miss this versatile, income-producing opportunity! Being sold AS-IS.
Jefferson Park, located between Portage Park and Norwood Park, is a residential and transit-oriented Chicago neighborhood with a bungalow-lined streetscape and a rail-and-bus hub. The neighborhood’s character concentrates around the Jefferson Park Transit Center at Milwaukee Ave and Gale St, where commuters stream past taquerias, corner taverns, and no-frills cafes. Community pillars include the Copernicus Center’s landmark dome and concert hall, the Old Irving Brewing Co. taproom, and the long-running Gale Street Inn. Brick Chicago bungalows and two-flats set a steady architectural rhythm along leafy blocks. Jefferson Memorial Park and the Northwest Highway corridor add open space and everyday errands. The Blue Line and Metra tracks shape a practical, on-the-move cadence.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
10 total rooms
Finished full basement
Curbs, sidewalks, street lights and paved streets in the neighborhood
Bedrooms
4 total bedrooms (2 bedrooms in the first-floor unit, 2 bedrooms in the second-floor unit)
Bathrooms
3 full bathrooms (1 full bath in each unit)
Kitchen
Stove
Refrigerator
Microwave
Dishwasher (second-floor unit)
Laundry & utility
Tenant pays electric and gas for each unit
Heating & cooling
Radiator heating
Exterior features
30 x 124 lot dimensions
Less than 0.25 acre lot
Located in a multi-unit zoning area
Access to commuter bus, commuter train and interstate
Home design
Two- to four-unit property (2 units total)
Fee simple ownership
Over 100 years old
Built before 1978
Parking
Detached garage (garage owned)
2 total parking spaces
Construction
Brick construction
Utilities
Water from Lake Michigan / public water
Public sewer
Financial info
Homeowner tax exemption
Special service area: No
Other
Property provides school bus service
Possession at closing
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13091150360000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 30, 2023.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60630
Average low and high temperatures (°F)
30
17
38
24
54
35
61
44
68
50
82
64
86
70
82
67
79
62
68
51
51
39
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5212 N Ludlam Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $345,000 and $550,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $345K to $550K.