Seller's Agent in 2025
Rashauna Scott
Keller Williams ONEChicago
(773) 885-6263
11 in this area
142 Total Sales
523 E 41st St Chicago, IL 60653
Grand Boulevard Neighborhood
5
Beds
3
Baths
2,000
Sq Ft
1890
Built
About This Home
As of October 2025Nestled in the heart of Chicago's highly desirable historic Bronzeville neighborhood, this lovely red brick 2 unit seamlessly blends historic character with modern functionality! On a lovely tree-lined street, this property is very unique as it was an original 1st floor, duplex up. The current owner has transformed the functionality to create additional income! There is a legal basement/garden unit, however the seller does not represent the legality of the 3rd unit. (Current rents: Garden $1360, 1st Flr $1225) This building is an ideal choice for both an owner-occupant or savvy investor looking to make an investment in a booming area that is full of new developments! eeking rental income potential. The garden/basement unit features 2 good sized bedrooms, 1 full bath, in-unit laundry, a formal dining room, living room, and open-concept kitchen. The 1st Flr layout has a welcoming foyer that leads to a formal living room and dining room, both adorned with original hardwood floors and high ceilings that amplify the home's classic charm. The units have been thoughtfully updated and the building has been maintained very well over the years, blending classic details with modern amenities. Each unit presents an excellent opportunity for rental income or could be utilized as an Airbnb for short-term or mid-term stays. Separate utilities include: one boiler, two hot water heaters, and individual electric panels. Additionally, there is a concrete parking pad with potential for garage construction. This is the perfect location, just a 15-minute commute to downtown via bus or train; a 7-minute drive, and very close to Lake Michigan. Schedule your private tour today!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475178242 Listed on: 05/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,927
Year Built
- Built in 1890 | Remodeled in 2023
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stone Siding
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
- Whirlpool Bathtub
- Shower Body Spray
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25x118
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Oct 31, 2025
Sold by
A & H International Inc
Bought by
Marxen Zachary and Marxen Michelle
Seller's Agent
Rashauna Scott
Keller Williams ONEChicago
Buyer's Agent
Andrew Dorazio
Dorazio Real Estate LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
192
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.31%
Original Mortgage
$525,000
Outstanding Balance
$525,000
Interest Rate
5.99%
Mortgage Type
VA
Estimated Equity
-$28,317
Purchase Details
Listed on
May 3, 2022
Closed on
Jun 6, 2022
Sold by
Foucher Kwame
Bought by
A & H International Inc
Seller's Agent
Tiffany Jones
Coldwell Banker Realty
Buyer's Agent
Alicia Bowens
Keller Williams Preferred Rlty
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$408,000
Interest Rate
5.3%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 14, 2014
Sold by
Bailey Carolyn G
Bought by
Foucher Kwame
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 31, 1997
Sold by
Whitehead Ernest and Whitehead Lucille
Bought by
Bailey Carolyn G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 3, 1994
Sold by
Carter Aline
Bought by
Whitehead Ernest and Whitehead Lucille
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | Fidelity National Title | |
| Warranty Deed | $430,000 | None Listed On Document | |
| Warranty Deed | $115,000 | Chicago Title Insurance Co | |
| Warranty Deed | $62,500 | Ticor Title Insurance | |
| Warranty Deed | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | VA | |
| Previous Owner | $408,000 | Construction | |
| Previous Owner | $109,000 | Commercial | |
| Previous Owner | $56,250 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $525,000 | -0.9% | $263 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 07/04/2025 07/04/25 | Price Changed | $530,000 | -3.6% | $265 / Sq Ft | |
| 05/30/2025 05/30/25 | For Sale | $550,000 | +27.9% | $275 / Sq Ft | |
| 06/08/2022 06/08/22 | Sold | $430,000 | +2.6% | $215 / Sq Ft | View Prior Sale |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- | |
| 05/03/2022 05/03/22 | For Sale | $419,000 | -- | $210 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,927 | $40,001 | $10,413 | $29,588 |
| 2023 | $5,777 | $28,001 | $10,413 | $17,588 |
| 2022 | $5,777 | $28,001 | $10,413 | $17,588 |
| 2021 | $5,647 | $27,999 | $10,412 | $17,587 |
| 2020 | $5,025 | $22,556 | $5,057 | $17,499 |
| 2019 | $4,980 | $24,787 | $5,057 | $19,730 |
| 2018 | $4,896 | $24,787 | $5,057 | $19,730 |
| 2017 | $3,340 | $15,516 | $4,165 | $11,351 |
| 2016 | $3,108 | $15,516 | $4,165 | $11,351 |
| 2015 | $3,351 | $18,287 | $4,165 | $14,122 |
| 2014 | $2,316 | $15,052 | $3,570 | $11,482 |
| 2013 | $2,259 | $15,052 | $3,570 | $11,482 |
Source: Public Records
Agents Affiliated with this Home
-
Rashauna Scott
-
Andrew Dorazio
Buyer's Agent in 2025
Andrew Dorazio
Dorazio Real Estate LLC
(224) 505-4072
2 in this area
109 Total Sales
-
Tiffany Jones
Seller's Agent in 2022
Tiffany Jones
Coldwell Banker Realty
(872) 216-3533
4 in this area
112 Total Sales
-
Alicia Bowens
Buyer's Agent in 2022
Alicia Bowens
Keller Williams Preferred Rlty
(708) 540-6200
1 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12365141
APN: 20-03-213-014-0000
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