$334,900

510 E Chicago St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated payment $2,023/month

Total Views 1,626
5 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • City View
  • Heating Available
  • Public Water Access
  • Private Entrance

About This Home

(Tri-Plex: Home + Finished Basement Suite + Detached ADU) Unlock the rare opportunity to live in your own home while your tenants help pay the mortgage. This versatile property functions as a non-conforming triplex, offering three unique living spaces: a main-floor residence, a fully finished lower-level suite, and a detached one-bedroom efficiency cottage. Whether you’re an investor, a house-hacker, or someone looking to offset monthly expenses, this property delivers immediate income and long-term potential. Upgrades throughout including electrical updates

Listing Agent

Tammy Ackerman

EXIT REALTY BLACK HILLS Listed on: 07/14/2026

EXIT REALTY BLACK HILLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 1940

Property Views

  • City
  • Trees

Home Design

  • Triplex
  • Composition Roof
  • Metal Construction or Metal Frame

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance
  • Finished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Month-to-Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,373

Year Built

Built in 1940

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Lvt Date: 07/20/2026
  • Personal Property: Refrigerator, Range/Oven, Shed, Some Units
  • View: City, 3222, Trees
  • Year Built: 1940
  • Safety Features: Smoke Detectors
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More Than One/Unit, Private Entrance

Exterior Features

  • Construction: Metal/Vinyl
  • Foundation: Basement - Full
  • Roof: Composition

Garage/Parking

  • Parking: Paved, Street

Utilities

  • Air Conditioner: Window
  • Heating: Electric, Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .20
  • Lot Type: Flat
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: 1 Year Lease, Month to Month
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2024
  • Taxes: 2373

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 5 - 10%
  • Unit Features: All Units, Hookups, Window Coverings, Kit/DR Combo, Inside Utility Room, Finished Basement

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,306 $171,500 $41,800 $129,700
2024 $2,339 $174,500 $41,800 $132,700
2023 $2,313 $162,500 $32,100 $130,400
2022 $2,068 $136,200 $29,200 $107,000
2021 $2,198 $131,400 $26,000 $105,400
2020 $1,753 $101,100 $26,000 $75,100
2019 $1,637 $96,500 $26,000 $70,500
2018 $1,525 $92,800 $26,000 $66,800
2017 $1,656 $88,600 $26,000 $62,600
2016 $1,778 $90,700 $26,000 $64,700
2015 $1,778 $92,800 $26,000 $66,800
2014 $1,581 $80,200 $26,000 $54,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2026 07/14/26 For Sale $334,900 +146.3% --
05/29/2020 05/29/20 Sold $136,000 -7.5% $103 / Sq Ft View Prior Sale
04/20/2020 04/20/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $147,000 -- $112 / Sq Ft
Source: Black Hills Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $136,000 --
Source: Public Records

About the Listing Agent

Tammy Ackerman
Tammy Ackerman

EXIT REALTY BLACK HILLS

(605) 937-7929

Section Image

View Tammy's Profile

Tammy's Other Listings

  • 2418 Central Blvd, Rapid City, SD 57702

    $439,900 Open Sat 11AM - 2PM

    • 4 Beds
    • 2 Baths
    • 2,424 Sq Ft
    • 2418 Central Blvd
    • Rapid City, SD

    PRICE DROP OPEN HOUSE JULY 25 11-2 COME SEE THIS AMAZING HOME BUILT in 1965 set among mature trees, this ranch-style home blends classic mid-century character with thoughtful modern updates. Original hardwood floors, clean lines, and a warm retro-modern aesthetic define the main level, while large windows frame views of the flat, fenced backyard—an ideal canvas for flower gardens, raised beds, or

    Tammy Ackerman New Heights Properties

    Section Image
  • 27835 Cascade Rd, Hot Springs, SD 57747

    $420,000 $30K PRICE DROP

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft
    • 27835 Cascade Rd
    • Hot Springs, SD

    NEW PHOTOS SEE BEAUTIFUL LUSH GREEN! Nestled just south of Hot Springs, this 1961 two-story home blends craftsmanship, history, and the quiet beauty of the Southern Black Hills. The custom wrought-iron spiral staircase—designed by the original owner—anchors the home with artistry and presence. The upper-level features three bedrooms, with two bathrooms, one on each floor, offering comfort and

    Tammy Ackerman EXIT REALTY BLACK HILLS

    Section Image
  • 2303 Wilson Ave, Hot Springs, SD 57747

    $26,000 Sold Mar 27, 2026

    • Land
    • 9,147 Sq Ft Lot
    • 2303 Wilson Ave
    • Hot Springs, SD

    CONTRACTOR AND DRAWINGS AVAILABLE CALL AGENT! Charming Corner Lot Build Site in Historic Hot Springs, SD. A Harmonious Setting Surrounded by Nature and Heritage. Nestled at the intersection of quiet, tree-lined streets in the heart of beautiful Hot Springs. Prime corner lot offers the perfect canvas for your dream home. Embraced by mature trees that provide ample shade throughout the seasons, the

    Tammy Ackerman New Heights Properties

  • 12601 Sheps Canyon Rd, Hot Springs, SD 57747

    $255,000 Sold Jul 24, 2026

    • Land
    • 29.93 Acre Lot
    • 12601 Sheps Canyon Rd
    • Hot Springs, SD

    PRICE REDUCED! Own 29+ acres of stunning Black Hills beauty near Angostura Lake and Hot Springs, SD! This rare property offers unlimited potential—build your dream home, create a horse ranch, or develop multiple homesites. No Covenants: Freedom to design your vision without restrictions. Natural Setting: Private canyon with meadows and wooded hills for privacy and protection. Existing Well:

    Tammy Ackerman New Heights Properties

Source: Black Hills Association of REALTORS®

MLS Number: 180112

Black Hills Association of REALTORS®

APN: 0020384

South Dakota Pennington County Rapid City 57701 North Rapid City

510 E Chicago St, Rapid City, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Tammy Ackerman
Tammy Ackerman
Listing Agent Section Image
EXIT REALTY BLACK HILLS
(605) 937-7929
Your Personal Tour Guide

Ask me questions while you tour the home.