RDM Group Chicago

523 E 41st Street, Chicago, IL, 60653

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$550,000
6 Days On Site

523 E 41st Street
Chicago, IL 60653

For Sale|Multi Family|Active
5
Beds
3
Total Baths
1890
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago
Call Now: 312-566-7107
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312-566-7107
523 E 41st Street523 E 41st Street523 E 41st Street523 E 41st Street
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Nestled in the heart of Chicago's highly desirable historic Bronzeville neighborhood, this lovely red brick 2 unit seamlessly blends historic character with modern functionality! On a lovely tree-lined street, this property is very unique as it was an original 1st floor, duplex up. The current owner has transformed the functionality to create additional income! There is a legal basement/garden unit, however the seller does not represent the legality of the 3rd unit. (Current rents: Garden $1360, 1st Flr $1225, 2nd Flr $1365) This building is an ideal choice for both an owner-occupant or savvy investor looking to make an investment in a booming area that is full of new developments! eeking rental income potential. The garden/basement unit features 2 good sized bedrooms, 1 full bath, in-unit laundry, a formal dining room, living room, and open-concept kitchen. The 1st Flr layout has a welcoming foyer that leads to a formal living room and dining room, both adorned with original hardwood floors and high ceilings that amplify the home's classic charm. The units have been thoughtfully updated and the building has been maintained very well over the years, blending classic details with modern amenities. Each unit presents an excellent opportunity for rental income or could be utilized as an Airbnb for short-term or mid-term stays. Separate utilities include: one boiler, two hot water heaters, and individual electric panels. Additionally, there is a concrete parking pad with potential for garage construction. This is the perfect location, just a 15-minute commute to downtown via bus or train; a 7-minute drive, and very close to Lake Michigan. Schedule your private tour today!

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Listing Snapshot
Price 
$550,000
Days On Site 
6 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1890
MLS® Number 
12365141
Status 
Active
Property Tax 
$5,927
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
7 days agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
Heating 
Natural Gas
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Exterior Features
Construction Details 
BrickStoneConcrete
Roof 
Flat
Community Features
Accessibility Features 
Therapeutic Whirlpool
MLS Area 
CHI - Grand Boulevard
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago



Based on information submitted to the MLS GRID as of 2025-06-06 07:48 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-06 07:48 AM UTC
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Neighborhood & Commute
Source: Walkscore
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