209 S Albany Avenue
Chicago, IL, 60612
$522,222
7 Beds
2 Baths
0 SqFt
0.06 Acres
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$522,222
209 S Albany Avenue
Chicago, IL, 60612
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Gorgeous Historic Limestone 2-Unit w/basement. Vacant Lot (RT-4) Next door available separate sale! This stunning multi-unit property features a classic limestone exterior and and opportunity to purchase vacant lot next door! Keep it for additional parking and yard space or build another investment property to maximize value. Fully rehabbed in 2020, the building boasts all new mechanics, including electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, and tuckpointing, and much more-giving you peace of mind for years to come. Each unit has separate electric/gas meters and its own washer/dryer hookups for convenience. The basement features 2 exterior walkouts, offering added functionality, storage, and future expansion potential. Currently, the property is rented to one tenant (month-to-month and open to signing a long-term lease). Current tenant has set up for short-term rentals/Airbnb, making it an excellent option for investors. Located just minutes from Downtown Chicago, the United Center’s new mega project, the medical district, universities, expressways, CTA trains, parks, and so much more-this property is in the heart of everything! With low current rents, there’s a huge add-on value opportunity here. Live in one unit and rent the other, or rent out both and enjoy passive income. Historic charm, modern updates, and prime location! OWN A PIECE OF HISTORY!!

Property Details

Price:
$522,222
MLS #:
MRD12478555
Status:
Active
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
chieastgarfieldpark
Listed Date:
Sep 23, 2025
Year Built:
1885
Chi – East Garfield ParkChieastgarfieldpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick, Stone, Limestone
Parking Features
On Site
Parking Spots
4

Financial

Tax Year
2023
Taxes
$3,599
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,484
Multi Family Listed
80
Avg DOM
$500,903
Avg List Price

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Property Summary

    209 S Albany Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60612. It is listed for $522,222 To schedule a showing of MLS#mrd12478555 at 209 S Albany Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
209 S Albany Avenue
Chicago, IL