$550,000
$519,900
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2514 W 55th ST Chicago, IL 60632
6 Beds
3 Baths
9,583 Sqft Lot
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12716947
Sold Date 09/14/26
Bedrooms 6
Year Built 1924
Annual Tax Amount $5,863
Tax Year 2024
Lot Size 9,583 Sqft
Lot Dimensions 75 x 125
Property Sub-Type Two to Four Units
Property Description
CASH FLOWING LEGAL 2-UNIT BRICK BUILDING offering strong rental potential and additional finished basement living space currently generating income. Buyers should perform their own due diligence regarding the basement use. THREE CITY LOTS WIDE, this unique property provides an expansive yard, a PRIVATE DRIVEWAY WITH DUAL ENTRY, and a BRICK 2-CAR GARAGE-features that are hard to find with multi-unit properties. Located directly across the street from Gage Park, you'll enjoy beautiful green space, recreational amenities, and a convenient location with easy access to major streets and public transportation. Whether you're an investor seeking solid income potential or an owner-occupant looking to house hack, this property offers exceptional value, generous outdoor space, and a prime location. Don't miss this rare opportunity!
Location
State IL
County Cook
Area Chi - Gage Park
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Concrete, Sleeping Area, Walk-Up Access, Full, Walk-Out Access
Interior
Heating Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Park, Street Lights
Roof Type Asphalt
Building
Lot Description Common Grounds, Level
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Melida Orbe of Kale Realty
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