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    2 Flats for Sale in Jefferson Park, Chicago

    Located northwest of downtown Chicago, Jefferson Park is a spacious, affordable neighborhood with excellent access to public transportation and O’Hare International Airport. Jefferson Park has a great market for multi-families and is a great place to buy for families and investors alike.

    Jefferson Park offers plenty of 2-flats for sale. With average rent for a 2-bedroom running at $1400/month, a 2-flat is a smart option that can cover part of your mortgage by living in one unit while renting out the other.

    This neighborhood has the best of all worlds: affordable properties with great schools like Beaubien Elementary. Downtown is accessible in just 25 minutes via the Blue Line or in 15 minutes by car. Most buyers are young families looking for larger square footage than what’s available closer to the Loop.

    Jefferson Park Multi-Family Properties

    Jefferson Park has a great variety of multi-family homes. Whether you’re looking for supplemental cash or are wanting to invest, the neighborhood has great options. Many of these old brick buildings need some TLC, an excellent opportunity to boost property value with renovations while occupying/renting out other units!

    • 2 Flats
    • 5+ Units
    • 3 Flats
    • Duplex
    • 4 Flats
    • Triplex

    Jefferson Park Prices and Trends

    Since the 2008 recession, prices have increased substantially in Portage Park, and the uptrend will continue in 2021. In 2020 there were approximately 43 multifamily homes sold with an average sales price of $410,000. The average market time was 87 days for multifamily 2-4 units; however, properties priced right from the start usually sell within 30 days and typically sell for 96-97% of the listing price.

    Multifamily homes in Jefferson Park have appreciated an average of 10% in the last year.

    Jefferson Park’s Location - Zip Code 60630, 60646

    Jefferson Park is located on Chicago’s Northwest side. It’s 11 miles from the city center and only 4 miles from O’Hare International Airport. West Montrose Avenue borders it to the south, I-94 to the east, and North Nagle Avenue to the west. Jefferson Park’s northwest corner is intersected by North Milwaukee Avenue and I-90, which runs through and provides access to the center of the neighborhood. Jefferson Park is bordered by Portage Park to the south, North Mayfair to the east, and Norwood Park and Forest Glen to the north and northwest.

    Your Jefferson Park Multi-Family Real Estate Experts!

    Our team at Chicago Real Estate Source has over 16 years of experience representing buyers and sellers for multifamily properties in the Northwest and North sides of town. If you’re considering Jefferson Park for your next home, we’re here to answer any questions and to help you start your search. 

    To see other great Chicago neighborhoods, check out multi-family properties in nearby Portage Park or Irving Park. You can also Contact us or go to our blog to read more about homes here in Chicago.

    New Listings Jefferson Park

    5009 W Gunnison Street, Chicago image
    5009 W Gunnison Street, Chicago $839,900 ▼

    Great investment opportunity -look at the income $66,200-or live in one unit and rent the other two! This legal 3-unit building build in 1976, was luxuriously rehabbed, L...

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    • 8 Beds
    • 5 Baths
    • MRD10944203 MLS
    • ACTIVE Status
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    5425 W Windsor Avenue, Chicago image
    5425 W Windsor Avenue, Chicago $599,000

    Beautifully, recently renovated legal brick 2 flat with fully finished basement with in-law unit in desirable Jefferson/Portage Park neighborhood. 1st and 2nd floor units...

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    • 8 Beds
    • 3 Baths
    • MRD10943616 MLS
    • ACTIVE Status
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    4859 N Central Avenue, Chicago image
    4859 N Central Avenue, Chicago $575,000

    Legal 3-flat in Jefferson Park on oversized lot with lots of parking. 1st and 2nd floor have central a/c, separate dining rooms, spacious living rooms and enclosed back p...

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    • 5 Beds
    • 3 Baths
    • MRD10979480 MLS
    • NEW Status
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    5306 W Foster Avenue, Chicago image
    5306 W Foster Avenue, Chicago $489,900

    Jefferson Park brick 2 flat with in law suite. Great house hack opportunity for owner occupants. Let your tenants pay your mortgage. Two Spacious 2bd 1ba apartments each ...

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    • 5 Beds
    • 3 Baths
    • MRD10981173 MLS
    • NEW Status
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    5129 N Mango Avenue, Chicago image
    5129 N Mango Avenue, Chicago $479,000

    ESTATE SALE - Brick 2 -Flat in the Jefferson Park, walking distance to Jefferson Park Metra Station & Bus Station. 2nd Floor Nicely renovated with 2 bedrooms carpeting an...

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    • 5 Beds
    • 2 Baths
    • MRD10970893 MLS
    • ACTIVE Status
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