5552 N Major Ave, Chicago, IL
3 bd · 2 ba · 0 sqft Multi-Family listed at $599,990, built in 1957 in the Jefferson Park neighborhood.
About this home
Rare opportunity to own a well-maintained legal 2-flat in the highly sought-after Jefferson Park neighborhood. Ideally located near O'Hare Airport, major expressways, public transportation, and shopping, this property offers both convenience and long-term value. The building features a total of three bedrooms and three full bathrooms, with Unit 2 fully updated and showcasing modern finishes. A dedicated laundry room adds everyday convenience for tenants. The property also includes a solid brick two-car garage, offering excellent potential for additional rental income. Unit 2 is currently leased at $1200 per month through November 2026, providing immediate and stable cash flow. This is an excellent opportunity for a flipper's dream or owner-occupants seeking a prime location with strong upside. Additionally, the garden unit offers an additional bedroom, a full bathroom, a full kitchen, and two points of entry from the side and rear of the unit.
Property details
- Price
- $599,990
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1957
- Type
- Multi-Family
- Days on market
- 37
- Est. property tax
- $12,480/yr · $1,040/mo · 2.08% IL avg
- Last sold
- $252,500 · Sep 1998
Estimated monthly payment
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Price history
- Mar 20, 2026$599,990Initial list price
- Dec 19, 2025$629,990Initial list price
- Nov 29, 2025$649,990Initial list price
- Sep 30, 1998$252,500Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60630)
Median age is 40.6; 29% hold a bachelor's degree; 68% of homes are owner-occupied; median household income is $91,135.
- Median income
- $91,135
- Median age
- 40.6
- Owner-occupied
- 67.6%
- Bachelor's degree
- 28.8%
- Census median home value
- $358,000
Source: US Census Bureau American Community Survey 5-year estimates.
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