Address
531 W 61st Place, Chicago, IL
Price
$ 169,000
Property Attributes
  • MLS#12767848
  • TypeMulti-Family
  • Listing Status New
  • CountyCOOK
  • CityChicago
  • AreaCHI - Englewood
  • NeighborhoodEnglewood
  • Zip60621
  • Style
  • Year Built1908
  • Taxes$ 1160
  • Price$ 169,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great opportunity for an owner-occupant or investor! This solid brick two-flat offers flexibility, income potential, and a convenient Chicago location. The second-floor unit is currently occupied, while the first-floor unit is vacant and ready for a new owner or tenant-perfect for someone looking to live in one unit while collecting rental income from the other. Both units feature separate utilities, with individual furnaces and hot water heaters located in the basement, making management and utility expenses simple. The property is conveniently located near the University of Chicago with easy access to major highways, public transportation, restaurants, shopping, and everyday conveniences.

Price History
9/23/2026 Listed $169,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing,Immediate,Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1908
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Total Rooms 11
Status New
Directions 61ST WEST TO ADDRESS (NEAR 61ST & NORMAL)
City Chicago
High School District 299
MLS Area CHI - Englewood
Tax Annual Amount 1160.47
Additional Parcels Y/N No
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Unfinished,Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Total Number of Units 2

Exterior Features

Parking Features Yes,Owned
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60621

Price
AVG $360K
$170K
Taxes
AVG $4,295
$1,160
Year Built
AVG 1904
1908

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