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$475,000
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Property Description
Gorgeous Historic Limestone 2-Unit w/basement. Vacant Lot (RT-4) Next door available separate sale! This stunning multi-unit property features a classic limestone exterior and and opportunity to purchase vacant lot next door! Keep it for additional parking and yard space or build another investment property to maximize value. Fully rehabbed in 2020, the building boasts all new mechanics, including electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, and tuckpointing, and much more-giving you peace of mind for years to come. Each unit has separate electric/gas meters and its own washer/dryer hookups for convenience. The basement features 2 exterior walkouts, offering added functionality, storage, and future expansion potential. Currently, the property is rented to one tenant (month-to-month and open to signing a long-term lease). Current tenant has set up for short-term rentals/Airbnb, making it an excellent option for investors. Located just minutes from Downtown Chicago, the United Center's new mega project, the medical district, universities, expressways, CTA trains, parks, and so much more-this property is in the heart of everything! With low current rents, there's a huge add-on value opportunity here. Live in one unit and rent the other, or rent out both and enjoy passive income. Historic charm, modern updates, and prime location! OWN A PIECE OF HISTORY!!
Full Property Details
Full Property Details for 209 S Albany Ave
General
- Sold For: $475,000
- Taxes: $3,599 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12564922
- Added to Site: 58 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: CHI - East Garfield Park
- County: Cook
- Driving Directions: 290 exit Sacramento head north to 5th ave left on Albany to 209
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick, Stone, Limestone
- Exterior Const.: Brick, Stone, Limestone
- Basement Desc.: Unfinished, Full, Walk-Out Access
- Year Built: 1885
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3000 SQ FT
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1885
- Tax Amount: $3,599.13
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16131140200000
Listed by HomeSmart Realty Group
Sold by RE/MAX Mi Casa
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Schools
Schools serving 209 S Albany Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cather Elementary School 2908 West Washington Boulevard, Chicago, IL 60612 | PK-8 | 0.4 mi |
Marshall Metropolitan High School 3250 West Adams Street, Chicago, IL 60624 | 12-11 | 0.2 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 209 S Albany Ave
Date
Details
Price
Change
Source
4/01/2026
Sold
$475,000
-4.85%
MLS
2/09/2026
Listed
$499,222
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
209 S Albany Avenue, Chicago, IL 60612 (MLS# 12564922) is a Multi-Family property that was sold at $475,000 on April 01, 2026. Want to learn more about 209 S Albany Avenue? Do you have questions about finding other Multi-Family real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.

