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  • $550,000

    2514 W 55th St, Chicago, IL 60632

    6beds
    --sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $520,000 Zestimate®
    $--/sqft
    $1,831 Estimated rent

    Home value

    $520,000

    $494,000 - $546,000

    $1,831/mo

    Zestimate® history
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    $4,051/mo

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    What's special

    CASH FLOWING LEGAL 2-UNIT BRICK BUILDING offering strong rental potential and additional finished basement living space currently generating income. Buyers should perform their own due diligence regarding the basement use. THREE CITY LOTS WIDE, this unique property provides an expansive yard, a PRIVATE DRIVEWAY WITH DUAL ENTRY, and a BRICK 2-CAR GARAGE-features that are hard to find with multi-unit properties. Located directly across the street from Gage Park, you'll enjoy beautiful green space, recreational amenities, and a convenient location with easy access to major streets and public transportation. Whether you're an investor seeking solid income potential or an owner-occupant looking to house hack, this property offers exceptional value, generous outdoor space, and a prime location. Don't miss this rare opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ricardo Lucio 773-744-5804,

    Golden Enterprise Realty Inc

    Bought with:

    Melida Orbe

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12716947MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Enclosed Porch, Utility Room-Lower Level, Workshop
    Heating
    • Forced Air
    Features
    • Basement: Finished,Exterior Entry,Concrete,Sleeping Area,Walk-Up Access,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 8
    • Parking features: Yes, Garage Owned, Detached, Unassigned, Driveway, Enclosed, Garage Faces Front, Oversized, Garage Faces Side, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Fencing: Fenced
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 75 x 125
    • Features: Common Grounds, Level
    Details
    • Additional parcels included: 19124290360000
    • Parcel number: 19124290370000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Street Lights
    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $5,863
    • Date on market: 7/27/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/14/2026Sold$550,000+5.8%
    Source: MRED as distributed by MLS GRID #12716947 Report a problem
    8/1/2026Listing removed$519,900
    Source: MRED as distributed by MLS GRID #12716947 Report a problem
    7/27/2026Listed for sale$519,900
    Source: MRED as distributed by MLS GRID #12716947 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Gage Park

    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
    $520,000
    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
    $520,000