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$145,000
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Property Description
If you've been searching for a property where vision and hard work can make a difference, this one deserves a closer look. This classic brick 2-unit offers space, flexibility, and the chance to build value through repairs and improvements. Each unit features 2 bedrooms, 1 bath, living room, and formal dining room, providing layouts that continue to appeal to a variety of living arrangements. The enclosed rear porch adds additional usable space, while the solid brick exterior offers the timeless character that many buyers seek. The property requires that magic touch, making it an excellent opportunity for buyers looking to renovate, modernize, and create something special. Whether you're an owner-occupant ready to invest in your future home or an investor searching for your next project, this property offers the chance to bring your ideas to life and unlock its potential. Located in Chicago's Back of the Yards/New City area, the property provides convenient access to neighborhood parks, shopping, dining, public transportation, and everyday conveniences. Enjoy proximity to Sherman Park, Cornell Square Park, the retail and restaurant options along Ashland Avenue and 47th Street, and convenient access to major transportation routes for commuting throughout the city. Let's face it-opportunities like this are becoming harder to find. The work has already introduced itself; now it's looking for the buyer with the vision to take it from "what it is" to "what it could be." Bring your contractor, your imagination, and your renovation plans. Whether you're looking to create a home with built-in flexibility or add a value-add property to your portfolio, this brick 2-unit offers the foundation for something great. Opportunity doesn't always arrive fully renovated-sometimes it arrives wearing work boots and carrying a toolbox.
Full Property Details
Full Property Details for 5308 S Bishop St
General
- Sold For: $145,000
- Taxes: $3,214 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12669434
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Loomis N/S to 53rd Street West to Bishop South to property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1917
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1917
- Tax Amount: $3,214.51
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20083140290000
Listed by Trademarks & Associates
Sold by RE/MAX Mi Casa
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Schools
Schools serving 5308 S Bishop St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Libby Elementary School 5300 South Loomis Boulevard, Chicago, IL 60609 | K-8 | 0.1 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
5308 S Bishop Street, Chicago, IL 60609 (MLS# 12669434) is a Multi-Family property that was sold at $145,000 on August 05, 2026. Want to learn more about 5308 S Bishop Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

