501 W 103rd Street
Chicago, IL, 60628 $ 115,000
Bedrooms6 Baths2.0 Monthly Estimate*
$ 708
for $115,000 with 6 bedrooms and 2 full baths. This home was built in 1888.
Opportunity meets potential at 501 W 103rd St! This classic corner-lot multi-unit property is ready for its next chapter and offers plenty of space for buyers with vision, creativity, and renovation ideas. Whether you're exploring a long-term hold strategy, planning updates over time, or considering a full transformation, this property presents flexibility and room to grow. Each unit features 3 bedrooms, 1 bath, formal dining rooms, and kitchens spacious enough to accommodate the addition of a breakfast bar or expanded gathering space. The layout offers functionality while leaving room for customization and modernization to match your style or project goals. An enclosed rear porch adds additional usable space and everyday convenience, while the basement provides the opportunity for a dedicated laundry area, storage, workshop setup, or future reconfiguration possibilities. Outside, the corner lot placement offers added visibility and outdoor space, complemented by a 2-car garage for parking and storage needs. Yes, there's work to be done-but for the buyer ready to bring ideas and updates, this property may be the perfect canvas to unlock its potential. Located in Chicago's Roseland area, the property offers convenient access to neighborhood parks, shopping, dining, schools, public transportation, and major commuting routes including I-57 and I-94. Nearby amenities include Palmer Park, local retail corridors along Michigan Avenue and 103rd Street, the Roseland Medical District area, and convenient CTA and Metra connections for commuting throughout the city and surrounding suburbs. Properties with this amount of space, layout flexibility, and potential are becoming harder to find. Bring your contractor, your creativity, and your plans-this could be the opportunity you've been waiting to bring back to life.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Frame
Year Built 1888
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions 103rd St E/W to Normal
City Chicago
High School District 299
MLS Area CHI - Roseland
Tax Annual Amount 2618.76
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 6
Room Type Enclosed Porch
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features No Garage Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 132.3x37.9
Waterfront Y/N N
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* Excluded FeaturesList ByTrademarks & AssociatesBroker
marksrealtor@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $708
- Monthly Property Taxes
- $218
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $618,663
Percent of Sale Price 438%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/27/2026 | $115,000 | | Listed Price |