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2514 W 55th Street Chicago, IL $ 519,900
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2514 W 55th Street
$ 519,900
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2514 W 55th Street

Chicago, IL, 60632
$ 519,900
Bedrooms6 Baths3.1

Monthly Estimate*

$ 3,283

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Multi-Family Home for sale in Chicago, IL

for $519,900 with 6 bedrooms and 3 full baths, 1 half bath. This home was built in 1924 on a lot size of 0.22.

CASH FLOWING LEGAL 2-UNIT BRICK BUILDING offering strong rental potential and additional finished basement living space currently generating income. Buyers should perform their own due diligence regarding the basement use. THREE CITY LOTS WIDE, this unique property provides an expansive yard, a PRIVATE DRIVEWAY WITH DUAL ENTRY, and a BRICK 2-CAR GARAGE-features that are hard to find with multi-unit properties. Located directly across the street from Gage Park, you'll enjoy beautiful green space, recreational amenities, and a convenient location with easy access to major streets and public transportation. Whether you're an investor seeking solid income potential or an owner-occupant looking to house hack, this property offers exceptional value, generous outdoor space, and a prime location. Don't miss this rare opportunity!

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Multi-Family Active

Price

$ 519,900

Bedrooms

6

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,863

Style

Lot Size

0.22

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12716947
Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1924
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Park Street Lights
Additional Parcels Description 19124290360000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage Faces Front
Total Rooms 20
Status New
Directions South on Western to 55th. West to 2514.
City Chicago
High School District 299
MLS Area CHI - Gage Park
Tax Annual Amount 5863.13
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Exterior Entry Concrete Sleeping Area Walk-Up Access Full Walk-Out Access
Total Bedrooms 6
Room Type Enclosed Porch Utility Room-Lower Level Workshop
Total Baths 3
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Unassigned Driveway Enclosed Garage Faces Front Oversized Garage Faces Side Garage
Lot Features Common Grounds Level
Water Source Public
Total Parking 8
Foundation Details Concrete Perimeter
Lot Dimensions 75 x 125
Lot Size Acres 0.22
Waterfront Y/N N
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* Excluded Features
List By
Golden Enterprise Realty Inc

Broker

MyBrokerRicardo@gmail.com

Email

Affordability Calculator

$3,771
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,283
Monthly Property Taxes
$489
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$519,900 Listed Price

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2514 W 55th Street, Chicago, IL, 60632 is a Multi-Family Home for sale at $519,900 with a lot size of 0.22. 2514 W 55th Street has 6 bedrooms, 3.1 baths, and was built in 1924. The property's zip code is 60632 which is in Chicago, IL

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