This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$470,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
**Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.
Full Property Details
Full Property Details for MLS# 12517598
General
- Sold For: $470,000
- Taxes: $1,005 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12517598
- Added to Site: 62 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: central south to Wellington, turn right to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Radiant
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Bungalow
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1931
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1931
- Tax Amount: $1,005
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13281210120000
Get Pre-Approved Today
Schools
Schools serving MLS# 12517598
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Falconer Elementary School 3020 North Lamon Avenue, Chicago, IL 60641 | PK-6 | 0.4 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 1.2 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.4 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 MLS# 12517598
Date
Details
Price
Change
Source
1/12/2026
Sold
$470,000
4.44%
MLS
11/30/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12517598, Chicago, IL 60641 (MLS# 12517598) is a Multi-Family property that was sold at $470,000 on January 12, 2026. This property was listed by Laura Herlo from our McMullen/O'Hare Office.Want to learn more about MLS# 12517598? Do you have questions about finding other Multi-Family real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.


