$649,000

Estimated payment $4,371/month

Total Views 2,012
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Nia Crawford

Realty of America, LLC License #475176154 Listed on: 03/31/2026

Realty of America, LLC

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

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

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1882
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Window Air Conditioner,Fireplace-Gas,Range Hood,Hardwood Floors,Skylights/Windows
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Fireplace-Gas,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Walk-In Closet

Exterior Features

  • Construction Materials: Brick, Concrete, Limestone
  • ExteriorFeatures: Roof Deck
  • Patio And Porch Features: Deck, Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Garage Faces Side, Yes
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s), Space Heater
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 4305
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10888.97
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 Chicago Title
Interfamily Deed Transfer -- --
Warranty Deed $335,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $618,682 New Conventional
Previous Owner $318,250 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12604306

Midwest Real Estate Data (MRED)

APN: 20-03-220-016-0000

Your Personal Tour Guide

Ask me questions while you tour the home.