5054 N Lockwood Avenue, Chicago, IL 60630 - Photo 1

1/1

$620,000

Sold
Closed
Multi-Family
7 Total Beds
2 Car Garage
Updated 3 days ago

1/1

Property Description

**MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE MONDAY, APRIL 6TH AT 5:00 PM** Solid income-producing opportunity in a well-maintained 2-flat with additional garden unit (owner cannot confirm the legality of the garden unit), all fully occupied with tenants in place. Each unit features separate utilities, offering ease of management and strong rental potential. Property includes a private patio with a fenced yard and a 2-car detached garage. Conveniently located near expressways, public transportation, and local schools. Ideal for investors seeking immediate cash flow with tenants willing to continue current leases.

Full Property Details

Full Property Details for 5054 N Lockwood Ave

General

Sold For: $620,000
Taxes: $12,059 (2024)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12605083
Added to Site: 48 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Yes, Garage Owned, Detached, Garage

Location

Area: CHI - Jefferson Park
County: Cook
Driving Directions: FOSTER TO LOCKWOOD SOUTH TO PROPERTY

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Exterior Entry, Full
Foundation: Brick/Mortar
Year Built: 1926
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size (Acres): 0.1
Lot Size Range: Less than .25 Acre
Lot Dimensions: 30 x 125
Zoning: MULTI

Financial Considerations

Parking Included: Yes
Assessment Year: 1926
Tax Amount: $12,059.22
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Property ID: 13093120250000

Listed by GC Realty and Development
Sold by Eldorrado Chicago Real Estate

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Schools

Schools serving 5054 N Lockwood Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Beaubien Elementary School 5025 North Laramie Avenue, Chicago, IL 60630	PK-8	0.2 mi
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5054 N Lockwood Ave

Date

Details

Price

Change

Source

5/13/2026

Sold

$620,000

19.23%

MLS

3/30/2026

Listed

$520,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5054 N Lockwood Avenue, Chicago, IL 60630 (MLS# 12605083) is a Multi-Family property that was sold at $620,000 on May 13, 2026. Want to learn more about 5054 N Lockwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Jefferson Park? You can browse all Jefferson Park real estate or contact a Coldwell Banker agent to request more information.

5054 N Lockwood Ave Chicago, IL 60630