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$325,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 10 Total Beds
  • Updated 3 days ago
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Fully occupied multi-unit investment opportunity in the Heart of Italy neighborhood near Douglas Park with convenient access to public transportation, major expressways, UIC, and the Illinois Medical District. Property is tenant occupied with long-time tenants in place, offering immediate income for the next owner. Ideal for investors seeking a stable asset in a high-demand rental location!

Full Property Details for 2601 W Luther St

General

  • Price: $325,000
  • Taxes: $6,429 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12594575
  • Updated: 3/31/2026
  • Added to Site: 17 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 10

Location

  • Area: CHI - South Lawndale
  • County: Cook
  • Township: South Chicago
  • Driving Directions: WESTERN AVE TO LUTHER ST, WEST TO PROPERTY

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Finkl Elementary School
  • Middle School: Finkl Elementary School
  • High School: Farragut Career Academy Senior H
  • Private School: Farragut Career Academy Senior H

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Year Built: 1900
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 26 x 72
  • Zoning: COMMR

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $6,429.04
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16252190230000

Listed by Berkshire Hathaway HomeServices Chicago

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Listing agents

— 2601 W Luther St —

  • Berkshire Hathaway HomeServices Chicago

  • Berkshire Hathaway HomeServices Chicago

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
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 2601 W Luther St

School District:Chicago Public School District 299
NameGradesDistance
Finkl Elementary School
2332 South Western Avenue, Chicago, IL 60608
PK-80.3 mi
Farragut Career Academy High School
2345 South Christiana Avenue, Chicago, IL 60623
9-110.9 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 2601 W Luther St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/18/2026
Listed
$325,000
80.56%
MLS
11/04/2019
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
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 for 2601 W Luther St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,743
3%
$12,999
—
2022
$2,674
2%
$12,999
—
2021
$2,614
-17%
$12,999
-8%
2020
$3,164
-5%
$14,205
-14%
2019
$3,319
2%
$16,518
—
2018
$3,263
-40%
$16,518
-2%
2017
$5,401
60%
$16,858
—
2016
$3,376
9%
$16,858
—
2015
$3,089
15%
$16,858
16%
2014
$2,695
2%
$14,526
—
2013
$2,642
1%
$14,526
—
2012
$2,607
—
$14,526
—
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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Listed by Berkshire Hathaway HomeServices Chicago

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2601 W Luther Street, Chicago, IL 60608 (MLS# 12594575) is a Multi-Family property with 4 units containing 10 bedrooms and 0 full bathrooms. 2601 W Luther Street is currently listed for $325,000 and was received on March 18, 2026. Want to learn more about 2601 W Luther 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.

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