5308 S Bishop Street Chicago, IL $ 145,000
5308 S Bishop Street
$ 145,000
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5308 S Bishop Street

Chicago, IL, 60609
$ 145,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 893

5308 S Bishop Street, Chicago, IL 60609 - Image 1
5308 S Bishop Street, Chicago, IL 60609 - Image 2
5308 S Bishop Street, Chicago, IL 60609 - Image 3

Multi-Family Home for sale in Chicago, IL

for $145,000 with 4 bedrooms and 2 full baths. This home was built in 1917 on a lot size of 0.07.

If you've been searching for a property where vision and hard work can make a difference, this one deserves a closer look. This classic brick 2-unit offers space, flexibility, and the chance to build value through repairs and improvements. Each unit features 2 bedrooms, 1 bath, living room, and formal dining room, providing layouts that continue to appeal to a variety of living arrangements. The enclosed rear porch adds additional usable space, while the solid brick exterior offers the timeless character that many buyers seek. The property requires that magic touch, making it an excellent opportunity for buyers looking to renovate, modernize, and create something special. Whether you're an owner-occupant ready to invest in your future home or an investor searching for your next project, this property offers the chance to bring your ideas to life and unlock its potential. Located in Chicago's Back of the Yards/New City area, the property provides convenient access to neighborhood parks, shopping, dining, public transportation, and everyday conveniences. Enjoy proximity to Sherman Park, Cornell Square Park, the retail and restaurant options along Ashland Avenue and 47th Street, and convenient access to major transportation routes for commuting throughout the city. Let's face it-opportunities like this are becoming harder to find. The work has already introduced itself; now it's looking for the buyer with the vision to take it from "what it is" to "what it could be." Bring your contractor, your imagination, and your renovation plans. Whether you're looking to create a home with built-in flexibility or add a value-add property to your portfolio, this brick 2-unit offers the foundation for something great. Opportunity doesn't always arrive fully renovated-sometimes it arrives wearing work boots and carrying a toolbox.

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Multi-Family Active

Price

$ 145,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,214

Style

Lot Size

0.07

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12669434

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Flat
Zoning MULTI
Construction Materials Brick
Year Built 1917
Township Lake
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status New
Directions Loomis N/S to 53rd Street West to Bishop South to property.
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 3214.51
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 25x125
Lot Size Acres 0.07
Waterfront Y/N N
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* Excluded Features
List By
Trademarks & Associates

Broker

marksrealtor@yahoo.com

Email

Affordability Calculator

$1,161
Per Month
77%
23%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
$268
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$145,000 Listed Price

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5308 S Bishop Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $145,000 with a lot size of 0.07. 5308 S Bishop Street has 4 bedrooms, 2.0 baths, and was built in 1917. The property's zip code is 60609 which is in Chicago, IL