No photo available
$670,000 Just Listed
Property Description
Welcome to this Lovingly Maintained Gladstone Park Gem! Owned and cherished by the same owner-occupant for over 20 years, this two-flat at 5426 N Lovejoy shines with true pride of ownership and consistent, thoughtful updates throughout. It's the perfect opportunity for an investor or an owner-occupant seeking a move-in-ready home with built-in income. You'll be greeted by a gorgeous front porch, the perfect spot for your morning coffee. Both the first and second floors offer 2 bedrooms and 1 bathroom with bright, functional layouts. The first-floor unit includes a versatile bonus space, ideal as an office, sitting room, or additional sleeping area, along with a charming wood-burning fireplace. The finished basement features a 1-bedroom, 1-bathroom in-law suite (non-conforming), offering excellent flexibility for extended family. Enjoy immediate cash flow, with the first floor recently renting for $2,160/month (currently owner-occupied) and the second floor at $1,975/month. This building has been lovingly maintained with numerous mechanical updates over the years, including new electric and copper plumbing throughout all three units. Units 1 and 2 feature updated can lighting in the kitchens, with Unit 2 also updated in the dining area. The first- and second-floor hardwood floors have both been recently refinished. Additional conveniences include shared basement laundry for all occupants and a sump pump/flood control system for added peace of mind during rainy months. Located in a quiet, tree-lined section of the neighborhood, you're just minutes from the Blue Line, Metra, and I-90/94 - a true commuter's dream. Don't miss this rare find, where long-term pride of ownership meets modern rental demand!
Full Property Details
Full Property Details for 5426 N Lovejoy Ave
General
- Price: $670,000
- Taxes: $7,187 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12600798
- Updated: 10/1/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Jefferson Park
- County: Cook
- Township: Jefferson
- Driving Directions: First street North of Milwaukee, West of Central
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
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 124.9 x 33.5
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $7,187.89
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13082130490000
Listed by Compass
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 5426 N Lovejoy Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Farnsworth Elementary School 5414 North Linder Avenue, Chicago, IL 60630 | PK-8 | 0.2 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 1.1 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 5426 N Lovejoy Ave
Date
Details
Price
Change
Source
9/30/2026
Listed
$670,000
56.73%
MLS
6/12/2006
Sold
$427,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5426 N Lovejoy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,690
—
$41,000
17%
2023
$6,690
3%
$35,004
—
2022
$6,500
2%
$35,004
—
2021
$6,373
18%
$35,004
28%
2020
$5,391
-3%
$27,288
-12%
2019
$5,544
-6%
$31,010
-7%
2018
$5,887
-8%
$33,220
1%
2017
$6,387
4%
$33,028
—
2016
$6,118
10%
$33,028
—
2015
$5,575
24%
$33,028
23%
2014
$4,502
-3%
$26,816
-5%
2013
$4,658
1%
$28,224
-6%
2012
$4,612
—
$29,961
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5426 N Lovejoy Ave
5426 N Lovejoy Avenue, Chicago, IL 60630 (MLS# 12600798) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 5426 N Lovejoy Avenue is currently listed for $670,000 and was received on September 30, 2026. Want to learn more about 5426 N Lovejoy 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.
