2341 N Merrimac Avenue Chicago, IL $ 499,999
2341 N Merrimac Avenue
$ 499,999
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2341 N Merrimac Avenue

Chicago, IL, 60639
$ 499,999
Bedrooms5 Baths4.0

Monthly Estimate*

$ 3,157

2341 N Merrimac Avenue, Chicago, IL 60639 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $499,999 with 5 bedrooms and 4 full baths. This home was built in 1920 on a lot size of 0.08.

Classic Chicago bungalow offering the versatility of a legal 2-unit plus a finished basement, providing exceptional flexibility for owner-occupants, multigenerational living, or investors alike. This home blends the timeless appeal of a classic Chicago bungalow with the practical layout of a multi-unit property. Each unit offers comfortable living space filled with natural light, while the finished basement adds valuable space for recreation, a home office or storage. Ideally located with convenient access to the multiple CTA bus routes, and the Kennedy Expressway (I-90/94), commuting throughout the city is simple. Enjoy nearby neighborhood favorites including Riis Park, along with a growing collection of local restaurants, coffee shops, breweries, and boutiques that continue to make this area one of Chicago's most desirable neighborhoods. Whether you're looking for rental income, or expand your investment portfolio, this well-located property presents an outstanding opportunity in a thriving Chicago community.

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Multi-Family Active

Price

$ 499,999

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,377

Style

Lot Size

0.08

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12710826

Features
General
Sewer Public Sewer
Heating Natural Gas Steam
Possession Negotiable
Roof Asphalt
Zoning MULTI
Construction Materials Brick
Year Built 1920
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Community Features Park Pool Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Grand Ave east of Narragansett to Merrimac north to property
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Tax Annual Amount 7377
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 5
Total Baths 4
Bedrooms Possible 5
Full Baths Building 4
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 30X125
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Cityview

Broker

corinamoradi@gmail.com

Email

Affordability Calculator

$3,772
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$615
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
7/21/2026$499,999 Listed Price

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2341 N Merrimac Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $499,999 with a lot size of 0.08. 2341 N Merrimac Avenue has 5 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 60639 which is in Chicago, IL