209 S Albany Avenue Chicago, IL $ 499,222
209 S Albany Avenue
$ 499,222
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209 S Albany Avenue

Chicago, IL, 60612
$ 499,222
Bedrooms7 Baths2.0

Monthly Estimate*

$ 3,114

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Multi-Family Home for sale in Chicago, IL

for $499,222 with 7 bedrooms and 2 full baths. This home was built in 1885 on a lot size of 0.06.

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!!

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Multi-Family Active

Price

$ 499,222

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,599

Style

Lot Size

0.06

Year Built

1885

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12490125

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Construction Materials Brick Stone Limestone
Year Built 1885
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Active
Directions 290 exit Sacramento head north to 5th ave left on Albany to 209
City Chicago
High School District 299
MLS Area CHI - East Garfield Park
Tax Annual Amount 3599.13
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Walk-Out Access
Total Bedrooms 7
Total Baths 2
Bedrooms Possible 7
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features On Site
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 3000 SQ FT
Lot Size Acres 0.06
Waterfront Y/N N
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* Excluded Features
List By
Homesmart Realty Group

Broker

kashkeesh@gmail.com

Email

Affordability Calculator

$3,414
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,114
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$499,222 Listed Price

Map


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209 S Albany Avenue, Chicago, IL, 60612 is a Multi-Family Home for sale at $499,222 with a lot size of 0.06. 209 S Albany Avenue has 7 bedrooms, 2.0 baths, and was built in 1885. The property's zip code is 60612 which is in Chicago, IL