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$179,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
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Gorgeous, renovated brick two-flat is an investor's dream and guarantees YEARS of cash flow with long term tenants! This is a solid investment that will produce great returns!! Tenants will enjoy living in a quiet neighborhood convenient to The University of Chicago, major highways, public transportation, restaurants, shopping, and Lake Michigan. In-unit features include: Brand New Appliances, Open Concept Layout, Large Closet Space, and LED Lighting. This property won't last!

Full Property Details for 531 W 61st Pl

General

  • Price: $179,000
  • Taxes: $1,160 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12535633
  • Updated: 12/26/2025
  • Added to Site: 28 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Total Spaces: 2
  • Parking Features: Yes, Owned

Location

  • Area: CHI - Englewood
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 61ST WEST TO ADDRESS (NEAR 61ST & NORMAL)

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1908
  • Built Before 1978: Yes
  • Remodeled/Updated: 2017

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1908
  • Tax Amount: $1,160.47
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20163190100000

Listed by James Group Properties LLC

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— 531 W 61st Pl —

  • James Group Properties LLC

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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 531 W 61st Pl

School District:Chicago Public School District 299
NameGradesDistance
Nicholson Technology Acad Elementary School
6006 South Peoria Street, Chicago, IL 60621
PK-80.5 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 531 W 61st Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/20/2025
Listed
$179,000
1276.92%
MLS
2/24/2010
Sold
$13,000
—
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 531 W 61st Pl

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,160
3%
$5,500
—
2022
$1,131
2%
$5,500
—
2021
$1,106
-44%
$5,500
-38%
2020
$1,969
-4%
$8,840
-13%
2019
$2,042
2%
$10,162
—
2018
$2,007
-20%
$10,162
-13%
2017
$2,500
7%
$11,614
—
2016
$2,326
9%
$11,614
—
2015
$2,128
-5%
$11,614
-3%
2014
$2,232
2%
$12,031
—
2013
$2,188
1%
$12,031
—
2012
$2,159
—
$12,031
—
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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NMLS#: 1598647

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Listed by James Group Properties LLC

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531 W 61st Place, Chicago, IL 60621 (MLS# 12535633) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 531 W 61st Place is currently listed for $179,000 and was received on December 20, 2025. Want to learn more about 531 W 61st Place? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

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