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  • $525,000

    523 E 41st St, Chicago, IL 60653

    3beds
    --sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $545,100 Zestimate®
    $--/sqft
    $2,255 Estimated rent

    Home value

    $545,100

    $491,000 - $605,000

    $2,255/mo

    Zestimate® history
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    $3,702/mo

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    $3,702/mo

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    What's special

    Tree-lined streetLovely red brickHigh ceilingsGood sized bedroomsOriginal hardwood floorsIn-unit laundryWelcoming foyer
    Nestled in the heart of Chicago's highly desirable historic Bronzeville neighborhood, this lovely red brick 2 unit seamlessly blends historic character with modern functionality! On a lovely tree-lined street, this property is very unique as it was an original 1st floor, duplex up. The current owner has transformed the functionality to create additional income! There is a legal basement/garden unit, however the seller does not represent the legality of the 3rd unit. (Current rents: Garden $1360, 1st Flr $1225) This building is an ideal choice for both an owner-occupant or savvy investor looking to make an investment in a booming area that is full of new developments! eeking rental income potential. The garden/basement unit features 2 good sized bedrooms, 1 full bath, in-unit laundry, a formal dining room, living room, and open-concept kitchen. The 1st Flr layout has a welcoming foyer that leads to a formal living room and dining room, both adorned with original hardwood floors and high ceilings that amplify the home's classic charm. The units have been thoughtfully updated and the building has been maintained very well over the years, blending classic details with modern amenities. Each unit presents an excellent opportunity for rental income or could be utilized as an Airbnb for short-term or mid-term stays. Separate utilities include: one boiler, two hot water heaters, and individual electric panels. Additionally, there is a concrete parking pad with potential for garage construction. This is the perfect location, just a 15-minute commute to downtown via bus or train; a 7-minute drive, and very close to Lake Michigan. Schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Rashauna Scott 312-216-2422,

    Keller Williams ONEChicago

    Bought with:

    Andrew Dorazio

    Fitzgerald Real Estate Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12365141MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 3
    Bathroom
    • Features: Whirlpool, Full Body Spray Shower, Soaking Tub
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Lot
    • Size: 2,950 sqft
    • Dimensions: 25X118
    Details
    • Parcel number: 20032130140000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany,Short Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Stone, Concrete
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1890
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: VA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/17/2025Sold$525,000-0.9%
    Source: MRED as distributed by MLS GRID #12365141 Report a problem
    8/25/2025Contingent$530,000
    Source: MRED as distributed by MLS GRID #12365141 Report a problem
    7/4/2025Price change$530,000-3.6%
    Source: MRED as distributed by MLS GRID #12365141 Report a problem
    5/30/2025Listed for sale$550,000+27.9%
    Source: MRED as distributed by MLS GRID #12365141 Report a problem
    6/8/2022Sold$430,000+2.6%
    Source: MRED as distributed by MLS GRID #11392404 Report a problem
    5/12/2022Contingent$419,000
    Source: MRED as distributed by MLS GRID #11392404 Report a problem
    5/3/2022Listed for sale$419,000
    Source: MRED as distributed by MLS GRID #11392404 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bronzeville

    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
    $545,100
    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
    $545,100