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$499,990 Just Listed
Property Description
Welcome to this beautifully reimagined two-unit property in the heart of the Austin neighborhood! This is not just a rehab - this home was rebuilt with care, quality, and long-term ownership in mind. Over the course of nearly 6 years, the current owners transformed this property almost like new construction, completing the work fully with architectural plans, city permits, and attention to detail every step of the way. Featuring all new plumbing, electrical, mechanicals, and finishes throughout, this turnkey building offers peace of mind for years to come. Whether you are looking for an owner-occupied investment or a multi-generational living opportunity, this property delivers flexibility and value. Live comfortably in one spacious unit while generating rental income from the other. The oversized basement offers endless potential with plenty of space to create additional living areas, a recreation room, home gym, workshop, or bring your own ideas to life. Thoughtfully updated with modern finishes while maintaining a warm and welcoming feel, this is the kind of property that truly feels like home the moment you walk in. Conveniently located near schools, parks, shopping, restaurants, and transportation. A rare opportunity to own a move-in-ready, fully permitted multi-unit building rebuilt the right way - by the book. Come see the pride of ownership for yourself!
Full Property Details
Full Property Details for 848 N Latrobe Ave
General
- Price: $499,990
- Taxes: $4,962 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12660798
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: CHICAGO AVE WEST OF CICERO NORTH ON LATROBE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1894
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3528
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1894
- Tax Amount: $4,962
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16043300200000
Listed by Solaris Enterprises Inc
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Schools
Schools serving 848 N Latrobe Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hay Elementary Community Academy 1018 North Laramie Avenue, Chicago, IL 60651 | PK-8 | 0.2 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 848 N Latrobe Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,962
—
$21,309
-9%
2023
$4,962
3%
$23,518
—
2022
$4,837
201%
$23,518
194%
2021
$1,609
-32%
$7,999
-25%
2020
$2,374
-2%
$10,657
-12%
2019
$2,433
2%
$12,111
—
2018
$2,392
-17%
$12,111
-9%
2017
$2,871
7%
$13,335
—
2016
$2,671
9%
$13,335
—
2015
$2,444
-8%
$13,335
-7%
2014
$2,662
2%
$14,348
—
2013
$2,610
1%
$14,348
—
2012
$2,575
—
$14,348
—
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 848 N Latrobe Ave
848 N Latrobe Avenue, Chicago, IL 60651 (MLS# 12660798) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 848 N Latrobe Avenue is currently listed for $499,990 and was received on May 28, 2026. Want to learn more about 848 N Latrobe Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.
