523 E 41st Street
Chicago, IL, 60653
$550,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$550,000
523 E 41st Street
Chicago, IL, 60653
MLS #MRD12365141 img 0MLS #MRD12365141 img 1MLS #MRD12365141 img 2MLS #MRD12365141 img 3MLS #MRD12365141 img 4MLS #MRD12365141 img 5MLS #MRD12365141 img 6MLS #MRD12365141 img 7MLS #MRD12365141 img 8MLS #MRD12365141 img 9MLS #MRD12365141 img 10MLS #MRD12365141 img 11MLS #MRD12365141 img 12MLS #MRD12365141 img 13MLS #MRD12365141 img 14MLS #MRD12365141 img 15MLS #MRD12365141 img 16MLS #MRD12365141 img 17MLS #MRD12365141 img 18MLS #MRD12365141 img 19MLS #MRD12365141 img 20MLS #MRD12365141 img 21MLS #MRD12365141 img 22MLS #MRD12365141 img 23MLS #MRD12365141 img 24MLS #MRD12365141 img 25MLS #MRD12365141 img 26MLS #MRD12365141 img 27MLS #MRD12365141 img 28MLS #MRD12365141 img 29MLS #MRD12365141 img 30MLS #MRD12365141 img 31MLS #MRD12365141 img 32MLS #MRD12365141 img 33MLS #MRD12365141 img 34MLS #MRD12365141 img 35MLS #MRD12365141 img 36MLS #MRD12365141 img 37MLS #MRD12365141 img 38MLS #MRD12365141 img 39MLS #MRD12365141 img 40MLS #MRD12365141 img 41MLS #MRD12365141 img 42MLS #MRD12365141 img 43MLS #MRD12365141 img 44
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, 2nd Flr $1365) 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!

Property Details

Price:
$550,000
MLS #:
MRD12365141
Status:
Active
Beds:
5
Baths:
3
Address:
523 E 41st Street
Type:
Multi Family
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
May 30, 2025
State:
IL
ZIP:
60653
Year Built:
1890

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick, Stone, Concrete
Roof
Flat

Financial

Tax Year
2023
Taxes
$5,927
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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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523 E 41st Street
Chicago, IL