848 N Latrobe Avenue
Chicago, IL, 60651
$485,990
5 Beds
2 Baths
0 SqFt
0 Acres
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$485,990
848 N Latrobe Avenue
Chicago, IL, 60651
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Welcome to this beautifully reimagined two-unit property in the heart of the Austin neighborhood! This is not just a rehab – this home was rebuilt with care, quality, and long-term ownership in mind. Over the course of nearly 6 years, the current owners transformed this property almost like new construction, completing the work fully with architectural plans, city permits, and attention to detail every step of the way. Featuring all new plumbing, electrical, mechanicals, and finishes throughout, this turnkey building offers peace of mind for years to come. Whether you are looking for an owner-occupied investment or a multi-generational living opportunity, this property delivers flexibility and value. Live comfortably in one spacious unit while generating rental income from the other. The oversized basement offers endless potential with plenty of space to create additional living areas, a recreation room, home gym, workshop, or bring your own ideas to life. Thoughtfully updated with modern finishes while maintaining a warm and welcoming feel, this is the kind of property that truly feels like home the moment you walk in. Conveniently located near schools, parks, shopping, restaurants, and transportation. A rare opportunity to own a move-in-ready, fully permitted multi-unit building rebuilt the right way – by the book. Come see the pride of ownership for yourself!

Property Details

Price:
$485,990
MLS #:
MRD12660798
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
May 28, 2026
Year Built:
1894
Chi – AustinChiaustin

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Parking Features
Yes
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$4,962
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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 Jul 21, 2026
1,444
Multi Family Listed
82
Avg DOM
$524,465
Avg List Price

Community

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Property Summary

    848 N Latrobe Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $485,990 To schedule a showing of MLS#mrd12660798 at 848 N Latrobe Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
848 N Latrobe Avenue
Chicago, IL