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6259 W Peterson Ave
Multi-Family
New
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$699,000

6259 W Peterson Ave, Chicago

41% below median
5 bd·3 ba·0 sqft
Built 19393,049 sqft lotNorwood Park

6259 W Peterson Ave, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $699,000, built in 1939 in the Norwood Park neighborhood.

About this home

This beautiful side-by-side 2-unit corner building with a detached 2-car garage is fully renovated throughout. Updates include all-new appliances, granite countertops, new flooring, updated bathroom tile, and fresh paint. The larger unit comes fully furnished and is ready to be rented immediately as an Airbnb. This is a fantastic opportunity for an owner-occupant to live in one unit while generating income from short-term rentals in the second unit, or for an investor seeking a move-in-ready, income-producing property. A rare and versatile opportunity you do not want to miss.

Property details

Price
$699,000
Bedrooms
5
Bathrooms
3
Year built
1939
Lot size
3,049 sqft
Type
Multi-Family
Days on market
19
Est. property tax
$14,539/yr · $1,212/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($139,800)
Interest rate6.75%
Principal & Interest$3,627
Property Tax$641
Insurance$150
Total$4,418/mo

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Price history

$812K$439K$66K$129K on Jun 89 (Sold)$255K on Jul 12 (Initial list)$225K on Sep 12 (Price change)$225K on Oct 12 (Price change)$225K on Nov 12 (Relisted)$225K on Oct 13 (Price change)$289K on Oct 13 (Initial list)$289K on Sep 14 (Price change)$299K on Feb 20 (Initial list)$270K on May 20 (Sold)$270K on Jun 20 (Sold)$450K on Apr 21 (Sold)$489K on May 22 (Initial list)$484K on Aug 22 (Price change)$484K on Jan 23 (Price change)$485K on Jun 23 (Initial list)$460K on Mar 24 (Sold)$750K on Aug 25 (Initial list)$735K on Aug 25 (Price change)$710K on Oct 25 (Initial list)$699K on Jan 26 (Price change)$699K on Apr 26 (Initial list)
$129K · Jun 89$699K · Apr 26
  1. Apr 7, 2026$699,000Initial list price
  2. Jan 19, 2026$699,000Price change
  3. Oct 31, 2025$710,000Initial list price
  4. Aug 31, 2025$735,000Price change
  5. Aug 14, 2025$750,000Initial list price
  6. Mar 5, 2024$460,000Sold
  7. Jun 2, 2023$485,000Initial list price
  8. Jan 31, 2023$484,000Price change
  9. Aug 19, 2022$484,000Price change
  10. May 13, 2022$489,000Initial list price
  11. Apr 9, 2021$449,500Sold
  12. Jun 19, 2020$270,000Sold
  13. May 8, 2020$270,000Sold
  14. Feb 28, 2020$299,000Initial list price
  15. Sep 25, 2014$289,000Price change
  16. Oct 8, 2013$289,000Initial list price
  17. Oct 2, 2013$225,000Price change
  18. Nov 6, 2012$225,000Relisted
  19. Oct 26, 2012$225,000Price change
  20. Sep 19, 2012$225,000Price change
  21. Jul 20, 2012$255,000Initial list price
  22. Jun 1, 1989$128,500Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 6259 W Peterson Ave, Chicago
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Home Intelligence

Neighborhood (zip 60646)

This neighborhood is predominantly owner-occupied (81%). Median age is 41.3; 29% hold a bachelor's degree; median household income is $112,283.

Median income
$112,283
Median age
41.3
Owner-occupied
80.6%
Bachelor's degree
28.9%
Census median home value
$480,700

Source: US Census Bureau American Community Survey 5-year estimates.

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