Bring your vision! High ARV. Great property. So much potential here. 1st and 2nd floor 3 bedrooms each. Finished 3rd floor. Unfinished basement with a high ceiling. Forced-air heating for each apartment, 2 separate systems. 2 furnaces and 2 hot water heaters. Great location, 2 blocks away from the beautiful Sherman Park. 3 blocks away from the Stockyards Industrial Park, strong rental demand.
Recently rehabbed in 2016, this 2-Flat is ideal for an owner-occupant or an investor. Ideally, someone who is looking for an investment opportunity or wants to live rent-free while at the same time taking advantage of the positive cash-flow opportunity it presents. Each unit comes with hardwood floors, new enclosed porches, bathrooms, kitchens, electrical and plumbing. The 2nd-floor unit has a built-in washer/dryer with access to an expansive finished attic for the owner-occupant; it's an open canvas waiting for your decorative ideas. The market rent for three-bedrooms in this area can go up as high as $1,200 a month. For that savvy owner-occupant, this means living rent-free and receiving positive cash flow each month. Since the tenant pays all the utilities except for water, taxes, and insurance, rent collections should cover most, if not all, of your monthly escrowed payments and then some. In any event, Living Rent-Free! The property is well maintained and situated in an ideal location, in the "Back of the Yard" neighborhood. Close to shopping, schools, public transport, and expressways. Call today, it won't last!!!
MRED as Distributed by MLS Grid #09917699
May 31, 2018
Sold (MLS) (Closed Sale)
$137,000
May 25, 2018
Pending
—
Apr 24, 2018
Contingent
—
Apr 16, 2018
Listed (New)
$137,000
MRED as Distributed by MLS Grid #09153207
Jun 24, 2016
Sold (MLS) (Closed Sale)
$33,000
Jun 8, 2016
Pending
—
May 5, 2016
Relisted (Reactivated)
—
Mar 18, 2016
Pending
—
Mar 1, 2016
Listed (New)
$46,000
MRED as Distributed by MLS Grid #08695933
Jul 6, 2015
Listing Removed
—
MRED as Distributed by MLS Grid #08561208
Aug 1, 2014
Listing Removed
—
MRED as Distributed by MLS Grid #08541484
Mar 15, 2014
Listing Removed
—
MRED as Distributed by MLS Grid #08510285
Feb 20, 2014
Listing Removed
—
MRED as Distributed by MLS Grid #07983854
Dec 7, 2012
Listing Removed
—
MRED as Distributed by MLS Grid #07271180
Nov 13, 2009
Sold (MLS) (Closed Sale)
$19,100
Oct 27, 2009
Pending
—
Oct 16, 2009
Relisted (Reactivated)
—
Aug 20, 2009
Pending
—
Jul 14, 2009
Listed (New)
$19,000
MRED as Distributed by MLS Grid #06722304
Jan 31, 2008
Listing Removed
—
Public Records
Jul 6, 2004
Sold
$145,000
Public Records
Apr 17, 1995
Sold
$76,000
Public Records
Dec 14, 1994
Sold
$89,000
Public Records
Sep 1, 1984
Sold
$42,220
Year
Property tax
Land + Additions
Assessment*
2023
$1,899 (+2.6%)
$945 + $10,055
$11,000
2022
$1,851 (+2.3%)
$2,047 + $6,952
$8,999
2021
$1,810 (+23.1%)
$2,047 + $6,952
$8,999
2020
$1,470 (−3.5%)
$2,047 + $4,553
$6,600
2019
$1,524 (+1.7%)
$2,047 + $5,540
$7,587
2018
$1,499 (−43.9%)
$2,047 + $5,540
$7,587
2017
$2,672 (+7.5%)
$1,890 + $10,522
$12,412
2016
$2,486 (+9.3%)
$1,890 + $10,522
$12,412
2015
$2,274 (−0.8%)
$1,890 + $10,522
$12,412
2014
$2,293 (+2.0%)
$1,732 + $10,628
$12,360
2013
$2,248 (+1.4%)
$1,732 + $10,628
$12,360
2012
$2,218 (−15.5%)
$1,732 + $10,628
$12,360
2011
$2,626 (−0.4%)
$2,205 + $14,001
$16,206
2010
$2,637 (+4.4%)
$2,205 + $14,001
$16,206
2009
$2,527 (−1.7%)
$2,205 + $14,001
$16,206
2008
$2,570 (+1.0%)
$3,024 + $14,894
$17,918
2007
$2,545
$3,024 + $14,894
$17,918
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,150 Sq. Ft.
Year renovated
—
Sq. Ft.
1,967
Year built
1888
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
20082140100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Parking (Total): 2
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6
Additional Rooms Information
Basement: Unfinished, Full
Interior Features
# of Rooms: 6
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 983
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Security Deposit: 0
Tenant Pays: None
Lease Expiration Date: NONE
Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 983
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Tenant Pays: None
Lease Expiration Date: None
Exterior
Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Frame
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 20082140100000
Lot Information
Dimensions: 25 x 125
Lot Size: .25-.49 Acre
Financial
Tax Information
Tax Annual Amount: $2,210
Tax Year: 2024
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Forced Air
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Lake
Corporate Limits: Chicago
Directions: Drive east on West 47th St. Right to South Racine Ave. Left to West 50th St. Turn right. Property is on the right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,967
Stories: 2.0
Lot Size: 3,150 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1888
Year Renovated: —
County: Cook County
APN: 20082140100000
Home facts updated by county records on Sep 21, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Negotiable
Some Photos Virtually Staged?: Yes
Around this home
Schools
Sherman School of Excellence
Public PreK-8 • Assigned • 0.3mi
3/10
Tilden Career Communty Academy High School
Public 9-12 • Assigned • 0.7mi
1/10
Provided by GreatSchools
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60609
Average low and high temperatures (°F)
31
17
39
25
54
36
62
45
68
52
81
65
85
71
81
68
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$219,000 – $265,000
Reach more buyers when you sell with Redfin. Plus, you'll save $2,296 in fees.