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  • $500,000

    2351 S Whipple St, Chicago, IL 60623

    5beds
    --sqft
    Multi Family
    Built in 1894
    -- sqft lot
    $502,100 Zestimate®
    $--/sqft
    $2,275 Estimated rent

    Home value

    $502,100

    $457,000 - $552,000

    $2,275/mo

    Zestimate® history
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    What's special

    Legal three-unit brick buildingSpacious fenced-in yardTwo patiosTwo-car parking padMosaic backsplashGranite countersNewer roof
    Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner's unit. Additional highlights include a two-car parking pad, dedicated washer/dryer for each unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry for each unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!

    Zillow last checked:

    Listing updated:

    Listed by:

    Niko Voutsinas (312)836-4263,

    Redfin Corporation

    Bought with:

    Fernando Rocha Jr

    RE/MAX LOYALTY

    Source: MRED as distributed by MLS GRID,MLS#: 12630510MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air, Indv Controls
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Owned
    Features
    • Patio & porch: Patio
    • Exterior features: Fire Pit
    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 25X126
    Details
    • Parcel number: 16251100190000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1894
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Gated, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $210,000
    • Annual tax amount: $4,219
    • Date on market: 4/28/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/5/2026Sold$500,000+5.3%
    Source: MRED as distributed by MLS GRID #12630510 Report a problem
    5/20/2026Listing removed$475,000
    Source: MRED as distributed by MLS GRID #12630510 Report a problem
    5/5/2026Contingent$475,000
    Source: MRED as distributed by MLS GRID #12630510 Report a problem
    4/28/2026Listed for sale$475,000+13.1%
    Source: MRED as distributed by MLS GRID #12630510 Report a problem
    8/25/2023Sold$420,000-2.1%
    Source: MRED as distributed by MLS GRID #11827381 Report a problem
    7/18/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11827381 Report a problem
    7/10/2023Listed for sale$429,000+160%
    Source: MRED as distributed by MLS GRID #11827381 Report a problem
    3/1/2016Sold$165,000+1334.8%
    Source: Public Record Report a problem
    6/11/2010Sold$11,500+1%
    Source: Public Record Report a problem
    4/20/2010Listed for sale$11,385
    Source: Great Street Properties #07503443 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $21,000 +10.5%
    2023$4,009 +2.6%$18,999
    2022$3,908 +2.3%$18,999
    2021$3,821 +57.2%$18,999 +74.1%
    2020$2,431 -4.6%$10,912 -14%
    2019$2,549 +1.7%$12,689
    2018$2,506 -18.5%$12,689 -11.1%
    2017$3,074 +30.3%$14,280
    2016$2,360 +10.5%$14,280
    2015$2,136 +17.3%$14,280 +15.3%
    2014$1,821 +2.7%$12,384
    2013$1,774 0%$12,384
    2012$1,775 -15.3%$12,384 -22.6%
    2011$2,096 +15.6%$15,990
    2010$1,813 +15.6%$15,990
    2009$1,568 -21.4%$15,990 -22.4%
    2008$1,994 +22.4%$20,615
    2007$1,629 +12.2%$20,615
    2006$1,452 -5.1%$20,615 +40.3%
    2005$1,531 +1.9%$14,692
    2004$1,503 -35.4%$14,692
    2003$2,325 +25.8%$14,692 +42.8%
    2002$1,848 +3.8%$10,287
    2001$1,781 +16.3%$10,287
    2000$1,532 -0.7%$10,287 +29%
    1999$1,542 $7,974
    Find assessor info on the county website

    Neighborhood: Little Village

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $502,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $502,100