$485,000
$65K PRICE DROP

Estimated payment $3,060/month

Total Views 19,615
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Multiple Water Heaters
  • Paved or Partially Paved Lot
  • Forced Air Heating System
  • Fenced

About This Home

Nestled in the Austin neighborhood of Chicago, this two-unit building has been entirely gutted and will be given brand new life. All new electrical, plumbing, insulation, flooring, fixtures, appliances and much more. The first floor will duplex down with the basement, offering a total of four bedrooms and two full bathrooms. The second floor will feature two bedrooms and one bathroom. Kitchens will include white upper cabinets, grey lower cabinets, quartz countertops with a waterfall island, and a full suite of appliances: refrigerator, stove, dishwasher, and microwave. Each unit will also be equipped with its own washer and dryer, high-efficiency forced air heating system, and central air conditioning condenser. A convenient fenced-in yard leads to a rear parking pad with space for two vehicles. This lovely property is eagerly searching for its new proud owner-and to make things even sweeter, the seller is offering financial assistance at closing, which could be used to cover some loan-related expenses or help lower your interest rate. Schedule your exclusive tour today. This could be the perfect building you've been looking for.

Listing Agent

James Salazar

@properties Christie's International Real Estate License #475133009 Listed on: 06/03/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1913 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 25x126
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Mcnair Elementary School Communi
  • Orr Community Academy High Schoo

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1913 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Exterior Entry, Full, Walk-Out Access
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Multiple Water Heaters, Water Heater-Gas
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space

Exterior Features

  • Construction Materials: Brick, Limestone
  • Fencing: Fenced
  • List Price: 485000
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, On Site, Other
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Mcnair Elementary School Communi
  • High School: Orr Community Academy High Schoo
  • Middle/Junior School: Mcnair Elementary School Communi
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4852.57
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
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Sold Price
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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
2024 $4,853 -- -- --
2023 $3,086 $23,001 $2,993 $20,008
2022 $3,086 $23,001 $2,993 $20,008
2021 $4,625 $22,999 $2,992 $20,007
2020 $3,295 $14,791 $2,677 $12,114
2019 $3,377 $16,809 $2,677 $14,132
2018 $3,320 $16,809 $2,677 $14,132
2017 $4,318 $20,060 $2,362 $17,698
2016 $4,018 $20,060 $2,362 $17,698
2015 $3,676 $20,060 $2,362 $17,698
2014 $3,167 $17,068 $2,205 $14,863
2013 $3,104 $17,068 $2,205 $14,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $485,000 -4.9% --
07/18/2025 07/18/25 Price Changed $510,000 -4.7% --
06/11/2025 06/11/25 Price Changed $535,000 -2.7% --
06/05/2025 06/05/25 For Sale $550,000 0.0% --
06/03/2025 06/03/25 For Sale $550,000 0.0% --
06/03/2025 06/03/25 Off Market $550,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Chicago Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Seller Take Back
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12291124

Midwest Real Estate Data (MRED)

APN: 16-04-421-017-0000