848 N Latrobe Avenue Chicago, IL $ 485,990
848 N Latrobe Avenue
$ 485,990
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848 N Latrobe Avenue

Chicago, IL, 60651
$ 485,990
Bedrooms5 Baths2.0

Monthly Estimate*

$ 3,069

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Multi-Family Home for sale in Chicago, IL

for $485,990 with 5 bedrooms and 2 full baths. This home was built in 1894.

Welcome to this beautifully reimagined two-unit property in the heart of the Austin neighborhood! This is not just a rehab - this home was rebuilt with care, quality, and long-term ownership in mind. Over the course of nearly 6 years, the current owners transformed this property almost like new construction, completing the work fully with architectural plans, city permits, and attention to detail every step of the way. Featuring all new plumbing, electrical, mechanicals, and finishes throughout, this turnkey building offers peace of mind for years to come. Whether you are looking for an owner-occupied investment or a multi-generational living opportunity, this property delivers flexibility and value. Live comfortably in one spacious unit while generating rental income from the other. The oversized basement offers endless potential with plenty of space to create additional living areas, a recreation room, home gym, workshop, or bring your own ideas to life. Thoughtfully updated with modern finishes while maintaining a warm and welcoming feel, this is the kind of property that truly feels like home the moment you walk in. Conveniently located near schools, parks, shopping, restaurants, and transportation. A rare opportunity to own a move-in-ready, fully permitted multi-unit building rebuilt the right way - by the book. Come see the pride of ownership for yourself!

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Multi-Family Active

Price

$ 485,990

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,962

Style

Year Built

1894

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12660798

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Construction Materials Frame
Year Built 1894
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status Active
Directions CHICAGO AVE WEST OF CICERO NORTH ON LATROBE
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 4962
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3528
Waterfront Y/N N
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* Excluded Features
List By
Solaris Enterprises Inc

Broker

estherbroker@gmail.com

Email

Affordability Calculator

$3,482
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,069
Monthly Property Taxes
$414
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
Pricing History
DatePricePrice ChangeDescription
6/17/2026$485,990 -2.80% Price Down
5/28/2026$499,990 Listed Price

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848 N Latrobe Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $485,990. 848 N Latrobe Avenue has 5 bedrooms, 2.0 baths, and was built in 1894. The property's zip code is 60651 which is in Chicago, IL