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Active
  • $169,000

    531 W 61st Pl, Chicago, IL 60621

    5beds
    --sqft
    : 
    $1,410/mo
    Get pre-qualified
    Multi Family
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Solid brick two-flatIndividual furnacesSeparate utilities
    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.
    8 days
    387
    59

    Zillow last checked:

    Listing updated:

    Listed by:

    Dimitris Mellos 312-588-9046,

    James Group Properties LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12767848MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Owned
      Lot
      • Size: 3,125 Square Feet
      • Dimensions: 25X125
      Details
      • Parcel number: 20163190100000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1908
      • Major remodel year: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $150,000
      • Annual tax amount: $1,160
      • Date on market: 9/23/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,633/mo

        Price history

        DateEventPrice
        9/23/2026Listed for sale$169,000
        Source: MRED as distributed by MLS GRID #12767848 Report a problem
        9/23/2026Listing removed$169,000
        Source: MRED as distributed by MLS GRID #12624314 Report a problem
        4/20/2026Listed for sale$169,000-5.6%
        Source: MRED as distributed by MLS GRID #12624314 Report a problem
        4/20/2026Listing removed$179,000
        Source: MRED as distributed by MLS GRID #12535633 Report a problem
        2/4/2026Listed for sale$179,000
        Source: MRED as distributed by MLS GRID #12535633 Report a problem
        1/23/2026Contingent$179,000
        Source: MRED as distributed by MLS GRID #12535633 Report a problem
        12/20/2025Price change$179,000-5.3%
        Source: MRED as distributed by MLS GRID #12535633 Report a problem
        12/18/2025Listed for sale$189,000
        Source: MRED as distributed by MLS GRID #12534737 Report a problem
        12/18/2025Listing removed$189,000
        Source: MRED as distributed by MLS GRID #12510144 Report a problem
        12/13/2025Contingent$189,000
        Source: MRED as distributed by MLS GRID #12510144 Report a problem
        11/3/2025Price change$189,000-5%
        Source: MRED as distributed by MLS GRID #12510144 Report a problem
        9/17/2025Listed for sale$199,000+10.6%
        Source: MRED as distributed by MLS GRID #12473830 Report a problem
        12/25/2020Listing removed--
        Source: MRED as distributed by MLS GRID Report a problem
        12/25/2020Contingent$180,000
        Source: MRED as distributed by MLS GRID #10852039 Report a problem
        11/5/2020Pending sale$180,000
        Source: Kairos Brokerage LLC #10852039 Report a problem
        11/3/2020Listed for sale$180,000
        Source: Kairos Brokerage LLC #10852039 Report a problem
        10/1/2020Listing removed$180,000
        Source: Kairos Brokerage LLC #10852039 Report a problem
        9/9/2020Listed for sale$180,000+0.1%
        Source: Kairos Brokerage LLC #10852039 Report a problem
        7/23/2019Listing removed$179,900
        Source: NHR Brokerage LLC #10121155 Report a problem
        4/1/2019Price change$179,900-2.7%
        Source: NHR Brokerage LLC #10121155 Report a problem
        12/11/2018Price change$184,900-2.2%
        Source: NHR Brokerage LLC #10121155 Report a problem
        12/1/2018Price change$189,000-2.6%
        Source: NHR Brokerage LLC #10121155 Report a problem
        11/17/2018Price change$194,000-2.5%
        Source: NHR Brokerage LLC #10121155 Report a problem
        11/7/2018Price change$199,000-4.8%
        Source: NHR Brokerage LLC #10121155 Report a problem
        10/25/2018Listed for sale$209,000-0.5%
        Source: NHR Brokerage LLC #10121155 Report a problem
        3/30/2004Sold$210,000+191.7%
        Source: Public Record Report a problem
        12/10/2003Sold$72,000+44%
        Source: Public Record Report a problem
        12/26/1996Sold$50,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,542 +119.1%$15,000 +172.7%
        2023$1,160 +2.6%$5,500
        2022$1,131 +2.3%$5,500
        2021$1,106 -43.8%$5,500 -37.8%
        2020$1,969 -3.5%$8,840 -13%
        2019$2,042 +1.7%$10,162
        2018$2,007 -19.7%$10,162 -12.5%
        2017$2,500 +7.5%$11,614
        2016$2,326 +9.3%$11,614
        2015$2,128 -4.7%$11,614 -3.5%
        2014$2,232 +2%$12,031
        2013$2,188 +1.4%$12,031
        2012$2,159 -12.2%$12,031 -20.7%
        2011$2,459 -0.4%$15,172
        2010$2,469 +4.4%$15,172
        2009$2,366 +3.5%$15,172 -4.8%
        2008$2,287 +1%$15,940
        2007$2,264 -19.4%$15,940 -18.5%
        2006$2,809 +100.4%$19,569 +128.1%
        2005$1,402 +1%$8,578
        2004$1,388 +104.3%$8,578
        2003$679 -5.4%$8,578 +47.4%
        2002$718 +9.2%$5,819
        2001$657 +10.1%$5,819
        2000$597 -20.2%$5,819 +13.9%
        1999$748 $5,107
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Englewood

        Getting around

        66 / 100
        Somewhat Walkable
        72 / 100
        Excellent Transit
        56 / 100
        Bikeable

        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.