Seller's Agent in 2026
Laura Herlo
Coldwell Banker Realty
(773) 671-4434
2 in this area
83 Total Sales
4
Beds
2
Baths
2,112
Sq Ft
1931
Built
About This Home
As of January 2026**Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.
Last Agent to Sell the Property
Coldwell Banker Realty License #475166356 Listed on: 09/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,005
Year Built
- Built in 1931
Parking
- 2 Car Garage
Home Design
- Bungalow
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Utilities
- Radiant Heating System
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 30 x 125
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Sold | $470,000 | +4.4% | $223 / Sq Ft |
| 11/30/2025 11/30/25 | For Sale | $450,000 | -- | $213 / 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 |
|---|---|---|---|---|
| 2025 | $1,005 | $42,001 | $6,938 | $35,063 |
| 2024 | $1,005 | $42,001 | $6,938 | $35,063 |
| 2023 | $1,011 | $34,000 | $5,625 | $28,375 |
| 2022 | $1,011 | $34,000 | $5,625 | $28,375 |
| 2021 | $963 | $34,003 | $5,628 | $28,375 |
| 2020 | $993 | $24,335 | $4,687 | $19,648 |
| 2019 | $990 | $28,297 | $4,687 | $23,610 |
| 2018 | $975 | $28,297 | $4,687 | $23,610 |
| 2017 | $1,044 | $26,541 | $4,125 | $22,416 |
| 2016 | $1,456 | $26,541 | $4,125 | $22,416 |
| 2015 | $1,399 | $26,541 | $4,125 | $22,416 |
| 2014 | $1,387 | $26,650 | $3,750 | $22,900 |
| 2013 | $1,392 | $26,650 | $3,750 | $22,900 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Herlo
-
Juan Valadez
Buyer's Agent in 2026
Juan Valadez
The McDonald Group
(708) 653-7713
1 in this area
13 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12517598
APN: 13281210120000
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