5308 S Bishop St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $1,051/month
About This Home
If you've been searching for a property where vision and hard work can make a difference, this one deserves a closer look. This classic brick 2-unit offers space, flexibility, and the chance to build value through repairs and improvements. Each unit features 2 bedrooms, 1 bath, living room, and formal dining room, providing layouts that continue to appeal to a variety of living arrangements. The enclosed rear porch adds additional usable space, while the solid brick exterior offers the timeless character that many buyers seek. The property requires that magic touch, making it an excellent opportunity for buyers looking to renovate, modernize, and create something special. Whether you're an owner-occupant ready to invest in your future home or an investor searching for your next project, this property offers the chance to bring your ideas to life and unlock its potential. Located in Chicago's Back of the Yards/New City area, the property provides convenient access to neighborhood parks, shopping, dining, public transportation, and everyday conveniences. Enjoy proximity to Sherman Park, Cornell Square Park, the retail and restaurant options along Ashland Avenue and 47th Street, and convenient access to major transportation routes for commuting throughout the city. Let's face it-opportunities like this are becoming harder to find. The work has already introduced itself; now it's looking for the buyer with the vision to take it from "what it is" to "what it could be." Bring your contractor, your imagination, and your renovation plans. Whether you're looking to create a home with built-in flexibility or add a value-add property to your portfolio, this brick 2-unit offers the foundation for something great. Opportunity doesn't always arrive fully renovated-sometimes it arrives wearing work boots and carrying a toolbox.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,215
Year Built
- Built in 1917
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,110 | $16,000 | $930 | $15,070 |
| 2024 | $2,110 | $16,000 | $930 | $15,070 |
| 2023 | $2,057 | $10,000 | $2,015 | $7,985 |
| 2022 | $2,057 | $10,000 | $2,015 | $7,985 |
| 2021 | $199 | $10,000 | $2,015 | $7,985 |
| 2020 | $199 | $6,556 | $2,015 | $4,541 |
| 2019 | $0 | $7,536 | $2,015 | $5,521 |
| 2018 | $0 | $7,536 | $2,015 | $5,521 |
| 2017 | $110 | $13,803 | $1,860 | $11,943 |
| 2016 | $199 | $13,803 | $1,860 | $11,943 |
| 2015 | $192 | $13,803 | $1,860 | $11,943 |
| 2014 | $190 | $12,513 | $1,705 | $10,808 |
| 2013 | $191 | $12,513 | $1,705 | $10,808 |
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 |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | For Sale | $145,000 | -- | -- |
About the Listing Agent
Chicago-born and real estate-obsessed, I’ve spent 21+ years mastering the art of residential sales, specializing in REO and non-REO assets—especially reverse mortgage REOs. As the Managing Broker of Trademarks & Associates, LLC, I lead with expertise, earning top industry accolades, including Diamond Awards and a spot in the top 1% of realtors. At Trademarks and Associates, we do more than sell properties—we provide hands-on, personalized service, ensuring every asset shines. From REO
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MLS Number: 12669434
APN: 20083140290000
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Ask me questions while you tour the home.