2948 N Narragansett Avenue
Chicago, IL, 60634 $ 500,000
Bedrooms4 Baths3.0 Sq 2,850 Monthly Estimate*
$ 3,157
for $500,000 with 4 bedrooms and 3 full baths. This 2,850 square foot home was built in 1922 on a lot size of 0.09.
**Listing reactivated due to buyer's failure to perform; the inspection and appraisal were both completed successfully, with no related issues reported.** Outstanding owner-occupant or investment opportunity in Chicago's Montclare neighborhood! Fully updated in 2021, this well-maintained two-unit property offers 4 bedrooms, 3 full bathrooms and approximately 2,837 square feet of total gross building area, including the finished garden level. The spacious upper duplex extends across the main and dormered upper floors and features 3 bedrooms, 2 full bathrooms, separate living and dining rooms, and a well-appointed kitchen with rich wood cabinetry, exotic granite countertops, a center island and stainless-steel appliances. The kitchen includes a separate cooktop, oven, warming drawer, dishwasher and garbage compactor. Hardwood, marble and tile flooring, recessed lighting, decorative trim and heated bathroom floors add comfort and character throughout. The uppermost level provides an oversized bedroom or primary-suite-style retreat with vaulted and sloped ceilings, generous open space and its own full bathroom. The separate garden apartment offers approximately 1,049 square feet with 1 bedroom, a den or flex room, full kitchen, living area and renovated bathroom. Additional features include marble countertops, extensive bathroom tile, heated flooring, an overhead heat lamp and a multi-spray shower system. This flexible layout is well suited for rental income, extended living, guests or a home office. Mechanical features include hot-water baseboard heat and a tankless water heater. Outside, the property offers a fenced backyard, an expansive rear deck with pergola, space for outdoor entertaining or recreation, and a detached two-car garage with alley access. The garage is entirely vacant and ready for the new owner's use. Conveniently located near shopping, parks, schools, library services, medical offices, CTA bus routes and Metra transportation. An excellent opportunity for an owner-occupant seeking additional income, a multigenerational household or an investor looking for two updated units with flexible occupancy options. The adjacent commercial property may also be available separately, creating a potential assemblage opportunity with approximately 15,025 square feet of combined land area and approximately 120 feet of street frontage. Contact the listing broker for additional information.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas Electric Baseboard
Possession Closing Immediate
Roof Shake
Zoning MULTI
Garage Spaces 2.5
Construction Materials Brick Frame
Year Built 1922
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 38000
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage(s)
Total Rooms 10
Status Active
Directions W on Belmont Ave S on Narragansett and building is W on 2900-3000 block
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Elementary School Beard Elementary School
Tax Annual Amount 5769.58
Middle/Junior High School Josephine Locke Elementary Schoo
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
InteriorBasement Finished Full
Total Bedrooms 4
Room Type Den
Total Baths 3
Bedrooms Possible 4
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
See more
ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2.5
Foundation Details Concrete Perimeter
Lot Dimensions 3781
Lot Size Acres 0.09
Waterfront Y/N N
Other Equipment Water Heater-Electric
See more
* Excluded FeaturesList ByCSABU@ALLURE.REALESTATE;CSABU@CHICAGOREA.COMEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,157
- Monthly Property Taxes
- $481
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $629,797
Percent of Sale Price 26%
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.
4878375 Elementary School
4513993 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/3/2025 | $500,000 | | Listed Price |