531 W 61st Place, Chicago, IL 60621

Local realty services provided by:ERA Partners
531 W 61st Place,Chicago, IL 60621
$169,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dimitris mellos
Office: james group properties llc.
MLS#:12767848
Source:MLSNI

Price summary

  • Price:$169,000

About this home

Great opportunity for an owner-occupant or investor! This solid brick two-flat offers flexibility, income potential, and a convenient Chicago location. The second-floor unit is currently occupied, while the first-floor unit is vacant and ready for a new owner or tenant-perfect for someone looking to live in one unit while collecting rental income from the other. Both units feature separate utilities, with individual furnaces and hot water heaters located in the basement, making management and utility expenses simple. The property is conveniently located near the University of Chicago with easy access to major highways, public transportation, restaurants, shopping, and everyday conveniences.

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Home facts

  • Year built:1908
  • Listing ID #:12767848
  • Updated:September 26, 2026 at 11:33 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:11
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1908

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$169,000
  • Tax amount:$1,160 (2023)

Parking

  • Total parking spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior