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Three-Unit Multifamily Property
For Sale
$449,900

5263 S Central Avenue, Chicago, IL 60638

Two apartments and an upper-level studio provide distinct living configurations, with parking for as many as six vehicles.

Property SizeContact for details
Days on Market18

Property Features for 5263 S Central Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income

Site & Location

Neighborhood Garfield Ridge
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 1 x studio
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,262

Building Details

Year Built 1912
Construction traditional frame
Listing Agency: HomeSmart Realty Group
Listed By: Orlando Alvarez · License #475143392
Source: Fishmangroup
Added: Oct 8 Changed: Oct 23 Last Checked: Oct 23 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Group

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Investment Insights

Based on property information with market context.

Built in 1912, this Chicago multifamily property has two apartments, each arranged with two bedrooms and one bathroom. An upper-floor studio configuration adds a kitchen and bathroom, creating a third living arrangement within the building.

The property is in Garfield Ridge, a short drive from Midway Airport, public transit, schools, and parks. Exterior parking accommodates up to six vehicles.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Upper‑level studio configuration includes a kitchen and bathroom
  • Exterior parking for up to 6 vehicles

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

Demographics for 60638, IL

56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments and an upper-level studio provide distinct living configurations, with parking for as many as six vehicles.
Where is this triplex located?
The property is located at 5263 S Central Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Upper‑level studio configuration includes a kitchen and bathroom; Exterior parking for up to 6 vehicles
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