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$457,900
Property Description
Exceptional investment opportunity in the sought-after Montclare neighborhood! This well-maintained legal two-unit building offers the perfect combination of income potential, flexible living arrangements, and long-term value. The first-floor unit features 2 bedrooms and 1 full bathroom and is duplexed to a finished lower level, creating an expansive living space complete with an additional bedroom, full bathroom, and versatile recreation area ideal for extended family living, a home office, or additional entertaining space. The second-floor unit offers a bright and spacious 2-bedroom, 1-bathroom layout, providing an excellent opportunity for rental income or owner-occupancy. Situated on an oversized, extra-wide lot, the property also includes a detached 2-car garage with the potential to add additional exterior parking alongside the garage, a highly desirable feature for both owners and tenants. Ideally located with convenient access to shopping, dining, schools, parks, and public transportation. Commuters will appreciate the close proximity to Metra and CTA transportation options, as well as easy access to I-90/94 and O'Hare International Airport. Nearby amenities include Shabbona Park, Ridgemoor Country Club, Brickyard Shopping Center, and a variety of neighborhood restaurants, grocery stores, and everyday conveniences. Whether you're an investor seeking a strong income-producing asset or an owner-occupant looking for some rental income, this exceptional property offers outstanding versatility, functionality, and lasting value. A rare opportunity in a prime location-schedule your private showing today.
Full Property Details
Full Property Details for 2416 N Rutherford Ave
General
- Price: $457,900
- Taxes: $3,647 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12688652
- Updated: 7/1/2026
- Added to Site: 13 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Montclare
- County: Cook
- Township: Jefferson
- Driving Directions: Grand Ave to Oak Park Ave to Altgeld to Rutherford to home.
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, Public
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5922
Financial Considerations
- Assessment Year: 1918
- Tax Amount: $3,647.77
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13304070260000
Listed by Premiere Realty Group Inc
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Schools
Schools serving 2416 N Rutherford Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Locke J Elementary School 2828 North Oak Park Avenue, Chicago, IL 60634 | PK-8 | 0.5 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1 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 2416 N Rutherford Ave
Date
Details
Price
Change
Source
6/25/2026
Listed
$457,900
220.21%
MLS
8/18/1998
Sold
$143,000
—
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 2416 N Rutherford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,856
—
$35,000
40%
2023
$3,856
3%
$25,000
—
2022
$3,737
4%
$25,000
—
2021
$3,581
-16%
$25,000
13%
2020
$4,249
-4%
$22,163
-13%
2019
$4,432
2%
$25,475
—
2018
$4,356
-20%
$25,475
-11%
2017
$5,430
4%
$28,587
—
2016
$5,228
10%
$28,587
—
2015
$4,760
22%
$28,587
21%
2014
$3,905
2%
$23,599
—
2013
$3,817
1%
$23,599
—
2012
$3,790
—
$23,599
—
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 2416 N Rutherford Ave
2416 N Rutherford Avenue, Chicago, IL 60607 (MLS# 12688652) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 2416 N Rutherford Avenue is currently listed for $457,900 and was received on June 25, 2026. Want to learn more about 2416 N Rutherford Avenue? Do you have questions about finding other Multi-Family real estate for sale in Montclare? You can browse all Montclare real estate or contact a Coldwell Banker agent to request more information.
