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$525,000
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Property Description
Nestled in the heart of Chicago's highly desirable historic Bronzeville neighborhood, this lovely red brick 2 unit seamlessly blends historic character with modern functionality! On a lovely tree-lined street, this property is very unique as it was an original 1st floor, duplex up. The current owner has transformed the functionality to create additional income! There is a legal basement/garden unit, however the seller does not represent the legality of the 3rd unit. (Current rents: Garden $1360, 1st Flr $1225) This building is an ideal choice for both an owner-occupant or savvy investor looking to make an investment in a booming area that is full of new developments! eeking rental income potential. The garden/basement unit features 2 good sized bedrooms, 1 full bath, in-unit laundry, a formal dining room, living room, and open-concept kitchen. The 1st Flr layout has a welcoming foyer that leads to a formal living room and dining room, both adorned with original hardwood floors and high ceilings that amplify the home's classic charm. The units have been thoughtfully updated and the building has been maintained very well over the years, blending classic details with modern amenities. Each unit presents an excellent opportunity for rental income or could be utilized as an Airbnb for short-term or mid-term stays. Separate utilities include: one boiler, two hot water heaters, and individual electric panels. Additionally, there is a concrete parking pad with potential for garage construction. This is the perfect location, just a 15-minute commute to downtown via bus or train; a 7-minute drive, and very close to Lake Michigan. Schedule your private tour today!
Full Property Details
Full Property Details for 523 E 41st St
General
- Sold For: $525,000
- Taxes: $5,927 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12365141
- Added to Site: 230 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Bathroom Features: Whirlpool, Full Body Spray Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 5
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: Take King Drive to 41st go west
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick, Stone, Concrete
- Exterior Const.: Brick, Stone, Concrete
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1890
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 118
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1890
- Tax Amount: $5,927
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany, Short Sale
- Property ID: 20032130140000
Listed by Keller Williams ONEChicago
Sold by Fitzgerald Real Estate Inc.
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Schools
Schools serving 523 E 41st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fuller Elementary School 4214 South Saint Lawrence Avenue, Chicago, IL 60653 | PK-3 | 0.1 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 523 E 41st St
Date
Details
Price
Change
Source
10/17/2025
Sold
$525,000
-0.94%
MLS
7/04/2025
Price Reduced
$530,000
-3.64%
MLS
5/30/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
523 E 41st Street, Chicago, IL 60653 (MLS# 12365141) is a Multi-Family property that was sold at $525,000 on October 17, 2025. Want to learn more about 523 E 41st Street? Do you have questions about finding other Multi-Family real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

