$169,000
531 W 61st Place
Chicago, IL, 60621
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.
Property Details
Price:
$169,000
MLS #:
MRD12767848
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Sep 23, 2026
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Taxes
$1,160
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Oct 03, 2026
1,399
Multi Family Listed
77
Avg DOM
$527,421
Avg List Price
Community
- Address531 W 61st Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
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Property Summary
- 531 W 61st Place Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $169,000 To schedule a showing of MLS#mrd12767848 at 531 W 61st Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
531 W 61st Place
Chicago, IL
