209 S Albany Avenue
Chicago, IL, 60612 $ 499,222
Bedrooms7 Baths2.0 Monthly Estimate*
$ 3,114
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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FeaturesGeneralSewer 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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InteriorBasement 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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ExteriorParking 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 FeaturesList ByHomesmart Realty GroupBroker
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $618,531
Percent of Sale Price 24%
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 |
|---|
| 10/7/2025 | $499,222 | | Listed Price |