Chicago, IL 60653 523 E 41st Street
$550,000



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Presented By: Keller Williams ONEChicago
Home Details
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!
Presented By: Keller Williams ONEChicago
Interior Features for 523 E 41st Street
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
BathroomWhirlpool, Full Body Spray Shower, Soaking Tub
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units2
General for 523 E 41st Street
CityChicago
Construction MaterialsBrick, Stone, Concrete
CountyCook
DirectionsTake King Drive to 41st go west
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - Grand Boulevard
Middle/Junior School District299
ModificationTimestamp2025-06-05T05:07:13.467Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Immediate
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5927
Tax Year2023
Total Rooms15
TownshipHyde Park
Year Built1890
ZoningMULTI
Exterior for 523 E 41st Street
Foundation DetailsConcrete Perimeter
Lot Dimensions25X118
Total Parking0
Water SourceLake Michigan
WaterfrontY/NNo
Additional Details
Price History
