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$50,000 Just Listed
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Property Description
If you plan to wholesale the contract or double-close, move on. It will not happen on my listings. Selling as is. 3 bedroom 1 bath house. Full unfinished basement. nice size attic. Needs work. Cash or hard money only. Private seller - fast closing. Bring flashlight. Property taxes under $50 (yes fifty dollars) a year, with 1 exemption. 1 pin, Regular closing no short sale or foreclosure. Property will sell with clean title, no back taxes and water at $0. Broker owned property. No survey.
Full Property Details
Full Property Details for 509 W 123rd St
General
- Price: $50,000
- Taxes: $39 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12545013
- Updated: 1/11/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - West Pullman
- County: Cook
- Township: Lake
- Driving Directions: On 123 between Parnell and Normal
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 1,250
- Sq. Ft. Source: Estimated
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3075
Financial Considerations
- Parking Included: Yes
- Tax Amount: $39
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25283050070000
Listed by Magiera City LLC
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Schools
Schools serving 509 W 123rd St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Metcalfe Elementary Community Academy 12339 South Normal Avenue, Chicago, IL 60628 | K-8 | 0.1 mi |
Fenger Academy High School 11220 South Wallace Street, Chicago, IL 60628 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 W 123rd St
Date
Details
Price
Change
Source
1/11/2026
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 W 123rd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$39
144%
$3,500
—
2022
$16
-53%
$3,500
—
2021
$34
-97%
$3,500
-61%
2020
$1,300
1%
$8,922
-9%
2019
$1,284
2%
$9,805
—
2018
$1,261
6%
$9,805
10%
2017
$1,187
-33%
$8,878
—
2016
$1,782
25%
$8,878
13%
2013
$1,429
—
$7,838
—
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 509 W 123rd St
509 W 123rd Street, Chicago, IL 60628 (MLS# 12545013) is a Single Family property with 3 bedrooms and 1 full bathroom. 509 W 123rd Street is currently listed for $50,000 and was received on January 11, 2026. Want to learn more about 509 W 123rd Street? Do you have questions about finding other Single Family real estate for sale in West Pullman? You can browse all West Pullman real estate or contact a Coldwell Banker agent to request more information.

