Updated 3-Unit Multifamily
For Sale
Contact for pricing
5626 N Central Avenue, Chicago, IL 60646
Three residential units include shared basement laundry and separately metered utilities.
Property SizeContact for details
Days on Market16
Property Features for 5626 N Central Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
3
Amenities
shared laundry
backyard
Listing Agency:
Compass Chicago Bucktown Office
Listed By:
Melanie Giglio · License #IL
Source:
Crexi
Added: Sep 12
Changed: Sep 26
Last Checked: Sep 26 at 3:08PM
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 Compass Chicago Bucktown Office
Investment Insights
Based on property information with market context.
This legal three-flat has three residential units, with two already updated. Shared laundry is located in the basement, and utilities are separately metered. The property also features a newer roof, newer windows, landscaped grounds, a backyard, and a garage with capacity for more than two cars. The building is being sold as-is.
All three units are leased at market rates, with current leases extending through 3-4/27. Two units have been updated; the remaining unit presents an opportunity for further improvements. The property is near forest preserves, biking and running paths, and golf courses, with transportation also nearby.
All three units are leased at market rates, with current leases extending through 3-4/27. Two units have been updated; the remaining unit presents an opportunity for further improvements. The property is near forest preserves, biking and running paths, and golf courses, with transportation also nearby.
Key Highlights
- Legal 3‑flat with 2 of 3 units updated
- All units leased at market rates; current leases through 3‑4/27
- Shared laundry in the basement and separately metered utilities
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
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Business Placement
Demographics for 60646, IL
28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include shared basement laundry and separately metered utilities.
Where is this triplex located?
The property is located at 5626 N Central Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Legal 3‑flat with 2 of 3 units updated; All units leased at market rates; current leases through 3‑4/27; Shared laundry in the basement and separately metered utilities
