441 E 42nd St Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $4,371/month
Highlights
- Rooftop Deck
- Heating System Uses Steam
- Paved or Partially Paved Lot
- Porch
- Space Heater
- 2-minute walk to Park No. 592
About This Home
Discover an incredible investment opportunity at 441 E 42nd Street, a classic Chicago greystone nestled in one of the city's most sought-after and historic neighborhoods. Recently updated in 2021. Perfectly positioned just minutes from downtown, Lake Shore Drive, and an abundance of shopping, dining, and entertainment options, this property offers both convenience and long-term value. This expansive three-unit building boasts over 4,000 square feet of above-grade living space, presenting endless possibilities for investors and homeowners alike. Whether you're looking to maintain it as a high-performing multi-unit property, live in one unit while generating rental income, or de-convert the entire building into a stunning single-family residence, the flexibility here is unmatched. The first-floor unit duplexes into the basement, offering the unique opportunity to create a spacious two-level owner's unit or incorporate a private in-law suite. With its grand greystone architecture, generous layout, and prime location, this property is truly an investor's dream. Don't miss your chance to own a piece of Chicago history with unlimited potential to customize, expand, and maximize returns. Property being sold AS-IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,889
Year Built
- Built in 1882 | Remodeled in 2005
Lot Details
- 3,920 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Concrete Block And Stucco Construction
- Limestone
Interior Spaces
- 3-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Garage
- Parking Available
- Side Facing Garage
Outdoor Features
- Rooftop Deck
- Porch
Utilities
- Radiator
- Space Heater
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,562 | $54,001 | $15,068 | $38,933 |
| 2024 | $6,562 | $54,001 | $15,068 | $38,933 |
| 2023 | $6,396 | $31,001 | $15,068 | $15,933 |
| 2022 | $6,396 | $31,001 | $15,068 | $15,933 |
| 2021 | $5,581 | $30,999 | $15,067 | $15,932 |
| 2020 | $6,890 | $34,031 | $7,318 | $26,713 |
| 2019 | $6,825 | $37,397 | $7,318 | $30,079 |
| 2018 | $6,709 | $37,397 | $7,318 | $30,079 |
| 2017 | $5,447 | $28,679 | $6,027 | $22,652 |
| 2016 | $5,244 | $28,679 | $6,027 | $22,652 |
| 2015 | $5,140 | $30,673 | $6,027 | $24,646 |
| 2014 | $4,696 | $27,877 | $5,166 | $22,711 |
| 2013 | $4,592 | $27,877 | $5,166 | $22,711 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $649,000 | +12.9% | -- | |
| 01/29/2021 01/29/21 | Sold | $575,000 | 0.0% | $144 / Sq Ft | View Prior Sale |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- | |
| 11/06/2020 11/06/20 | For Sale | $575,000 | -- | $144 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $335,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $618,682 | New Conventional | |
| Previous Owner | $318,250 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12604306
APN: 20-03-220-016-0000
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Ask me questions while you tour the home.