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$ 169,000
Est. payment /mo
New
531 W 61st PL Chicago, IL 60621
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12767848
Bedrooms 5
Year Built 1908
Annual Tax Amount $1,160
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Area Chi - Englewood
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dimitris Mellos of James Group Properties LLC