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$500,000
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Property Description
Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner's unit. Additional highlights include a two-car parking pad, dedicated washer/dryer for each unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry for each unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!
Full Property Details
Full Property Details for 2351 S Whipple St
General
- Sold For: $500,000
- Taxes: $4,219 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12630510
- Added to Site: 66 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: Commuter Train
Exterior
- Exterior Features: Fire Pit
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: Kedzie Ave to 24th St - 24th to Whipple St - North to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Year Built: 1894
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 126
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1894
- Tax Amount: $4,219.12
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16251100190000
Listed by Redfin Corporation
Sold by Re/Max Loyalty
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Schools
Schools serving 2351 S Whipple St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spry Elementary Community School 2400 South Marshall Boulevard, Chicago, IL 60623 | PK-8 | 0.1 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.4 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 2351 S Whipple St
Date
Details
Price
Change
Source
6/05/2026
Sold
$500,000
5.26%
MLS
4/28/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2351 S Whipple Street, Chicago, IL 60623 (MLS# 12630510) is a Multi-Family property that was sold at $500,000 on June 05, 2026. Want to learn more about 2351 S Whipple Street? Do you have questions about finding other Multi-Family real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

