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$250,000 Just Listed
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Property Description
Great investment opportunity in Chicago's Back of the Yards neighborhood! This classic multi-unit property features first and second floor units, each offering 2 bedrooms and 1 bathroom, with both units currently rented on a month-to-month basis, providing flexibility for investors or owner-occupants. The property includes attic space with a half bathroom, two-car garage, backyard space..mo basement. Conveniently located near parks, schools, shopping, and public transportation. A solid opportunity in the established Back of the Yards neighborhood.
Full Property Details
Full Property Details for 1248 W 49th Pl
General
- Price: $250,000
- Taxes: $1,307 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12621746
- Updated: 4/22/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Park
Interior
- Basement: Crawl Spac
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: South on Racine - Right on 49th Pl. Property on right side of the street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3325
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Tax Amount: $1,307
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20081200050000
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Schools
Schools serving 1248 W 49th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hamline Elementary School 4747 South Bishop Street, Chicago, IL 60609 | K-8 | 0.3 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 W 49th Pl
Date
Details
Price
Change
Source
4/22/2026
Listed
$250,000
150%
MLS
9/01/2022
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1248 W 49th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,110
56%
$9,999
—
2022
$1,353
1%
$9,999
—
2021
$1,341
92%
$9,999
60%
2020
$697
-7%
$6,231
-13%
2019
$750
2%
$7,163
—
2018
$736
-61%
$7,163
-41%
2017
$1,893
-2%
$12,169
—
2016
$1,937
11%
$12,169
—
2015
$1,749
9%
$12,169
9%
2014
$1,601
3%
$11,198
—
2013
$1,558
—
$11,198
—
2012
$1,562
—
$11,198
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1248 W 49th Pl
1248 W 49th Place, Chicago, IL 60609 (MLS# 12621746) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 1248 W 49th Place is currently listed for $250,000 and was received on April 22, 2026. Want to learn more about 1248 W 49th Place? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

