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$499,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 3 days ago
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Classic Chicago bungalow offering the versatility of a legal 2-unit plus a finished basement, providing exceptional flexibility for owner-occupants, multigenerational living, or investors alike. This home blends the timeless appeal of a classic Chicago bungalow with the practical layout of a multi-unit property. Each unit offers comfortable living space filled with natural light, while the finished basement adds valuable space for recreation, a home office or storage. Ideally located with convenient access to the multiple CTA bus routes, and the Kennedy Expressway (I-90/94), commuting throughout the city is simple. Enjoy nearby neighborhood favorites including Riis Park, along with a growing collection of local restaurants, coffee shops, breweries, and boutiques that continue to make this area one of Chicago's most desirable neighborhoods. Whether you're looking for rental income, or expand your investment portfolio, this well-located property presents an outstanding opportunity in a thriving Chicago community.

Full Property Details for 2341 N Merrimac Ave

General

  • Price: $499,999
  • Taxes: $7,377 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12710826

Rental Information

  • Complex Features: Park, Pool, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 5

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Township: Jefferson
  • Driving Directions: Grand Ave east of Narragansett to Merrimac, north to property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt
  • Year Built: 1920
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1920
  • Tax Amount: $7,377
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Exceptions-Call List Office
  • Property ID: 13321030150000

Listed by Re/Max Cityview

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— 2341 N Merrimac Ave —

  • Re/Max Cityview

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2341 N Merrimac Ave

School District:Chicago Public School District 299
NameGradesDistance
Burbank Elementary School
2035 North Mobile Avenue, Chicago, IL 60639
PK-80.4 mi
Steinmetz Academic Centre High School
3030 North Mobile Avenue, Chicago, IL 60634
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 2341 N Merrimac Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,945
—
$40,001
82%
2023
$3,945
3%
$22,000
—
2022
$3,824
2%
$22,000
—
2021
$3,757
-36%
$22,000
-16%
2020
$5,867
7%
$26,322
-14%
2019
$5,464
2%
$30,608
—
2018
$5,371
-17%
$30,608
-9%
2017
$6,506
4%
$33,583
—
2016
$6,230
10%
$33,583
—
2015
$5,677
57%
$33,583
52%
2014
$3,615
-5%
$22,040
-6%
2013
$3,798
1%
$23,496
—
2012
$3,771
—
$23,496
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Re/Max Cityview

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2341 N Merrimac Avenue, Chicago, IL 60639 (MLS# 12710826) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 2341 N Merrimac Avenue is currently listed for $499,999 and was received on July 21, 2026. Want to learn more about 2341 N Merrimac Avenue? Do you have questions about finding other Multi-Family real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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