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$169,000
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Property Description
Great opportunity for an owner-occupant or investor! This solid brick two-flat offers flexibility, income potential, and a convenient Chicago location. The second-floor unit is currently occupied, while the first-floor unit is vacant and ready for a new owner or tenant-perfect for someone looking to live in one unit while collecting rental income from the other. Both units feature separate utilities, with individual furnaces and hot water heaters located in the basement, making management and utility expenses simple. The property is conveniently located near the University of Chicago with easy access to major highways, public transportation, restaurants, shopping, and everyday conveniences.
Full Property Details
Full Property Details for 531 W 61st Pl
General
- Price: $169,000
- Taxes: $1,160 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12767848
- Updated: 9/29/2026
- Added to Site: 9 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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Schools
Schools serving 531 W 61st Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nicholson Technology Acad Elementary School 6006 South Peoria Street, Chicago, IL 60621 | PK-8 | 0.5 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 531 W 61st Pl
Date
Details
Price
Change
Source
9/23/2026
Listed
$169,000
1200%
MLS
2/24/2010
Sold
$13,000
—
Public Record
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 531 W 61st Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,160
—
$12,654
130%
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
—
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 531 W 61st Pl
531 W 61st Place, Chicago, IL 60621 (MLS# 12767848) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 531 W 61st Place is currently listed for $169,000 and was received on September 23, 2026. 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.

