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$449,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 3 days ago
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Exceptional multi unit income potential in highly desirable Garfield Ridge!This traditional frame multi-family property offers a unique and highly versatile layout for both savvy investors and house hackers. Features two independent, sun filled units each offering a functional 2 bedroom, 1 bathroom floor plan. Adding massive value to this property is the top floor studio unit / in-law arrangement situated right above the second floor, complete with its own bathroom and kitchen Perfect for multi generational living, a private home office, or maximizing your monthly rental streams. A massive bonus for city living , the exterior features an expansive parking area capable of comfortably fitting up to 6 vehicles .A premium asset for tenants. The property is ideally located just minutes from Midway Airport, local transit, schools, and parks. Bring your finishing touches to unlock immediate equity and premium cash flow in this versatile investment property!

Full Property Details for 5263 S Central Ave

General

  • Price: $449,900
  • Taxes: $6,262 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12780323
  • Updated: 10/8/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking Features: Off-Alley, Off Site

Location

  • Area: CHI - Garfield Ridge
  • County: Cook
  • Township: Stickney
  • Driving Directions: Archer Ave to central . North on central to address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: None
  • Year Built: 1912
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 125 x 30

Financial Considerations

  • Assessment Year: 1912
  • Tax Amount: $6,262.77
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 19093080220000

Listed by HomeSmart Realty Group

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— 5263 S Central Ave —

  • HomeSmart Realty Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5263 S Central Ave

School District:Chicago Public School District 299
NameGradesDistance
Twain Elementary School
5134 South Lotus Avenue, Chicago, IL 60638
PK-80.2 mi
Kennedy High School
6325 West 56th Street, Chicago, IL 60638
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 5263 S Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,243
—
$32,000
60%
2023
$4,243
3%
$20,000
—
2022
$4,137
3%
$20,000
—
2021
$4,022
3%
$20,000
15%
2020
$3,894
-5%
$17,366
-14%
2019
$4,083
-2%
$20,193
-3%
2018
$4,149
-22%
$20,868
-15%
2017
$5,306
7%
$24,488
—
2016
$4,937
9%
$24,488
—
2015
$4,520
15%
$24,488
17%
2014
$3,929
2%
$21,011
—
2013
$3,852
1%
$21,011
—
2012
$3,801
—
$21,011
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by HomeSmart Realty Group

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5263 S Central Avenue, Chicago, IL 60638 (MLS# 12780323) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 5263 S Central Avenue is currently listed for $449,900 and was received on October 08, 2026. Want to learn more about 5263 S Central Avenue? Do you have questions about finding other Multi-Family real estate for sale in Garfield Ridge? You can browse all Garfield Ridge real estate or contact a Coldwell Banker agent to request more information.

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