Rotate to portrait

HomeSwipr works best upright — flip your phone back to see the listings.

Loading...0 liked
949 W 51st St
Multi-Family
LOVE IT
PASS
TOUR

$549,000

949 W 51st St, Chicago

53% below median
11 bd·7 ba·0 sqft
Built 2007New City

949 W 51st St, Chicago, IL

11 bd · 7 ba · 0 sqft Multi-Family listed at $549,000, built in 2007 in the New City neighborhood.

About this home

Don't miss this incredible opportunity to own a high-income producing property on Chicago's South Side! Built in 2007, this stunning all-brick 3-unit building offers spacious layouts and amazing rental potential. Unit 1: A massive duplex with 5 bedrooms and 3 bathrooms. The main floor features 3 bedrooms and 2 baths, while the lower level adds 2 more bedrooms and another full bath-perfect for an owner-occupant looking to live large while tenants help cover the mortgage. Units 2 & 3: Each offers 3 bedrooms and 2 baths, ideal for strong rental income. Additional highlights include: Gated, secured parking in the rear Modern construction with all-brick durability Income-producing potential with flexibility for an owner-occupant or investor This property is the perfect blend of comfort, space, and cash flow.

Property details

Price
$549,000
Bedrooms
11
Bathrooms
7
Year built
2007
Type
Multi-Family
Days on market
114
Est. property tax
$11,419/yr · $952/mo · 2.08% IL avg
Last sold
$465,000 · Mar 2023

Estimated monthly payment

Down payment20% ($109,800)
Interest rate6.75%
Principal & Interest$2,849
Property Tax$503
Insurance$150
Total$3,502/mo

Can I afford this?

See what fits your income

Price history

$672K$415K$157K$200K on Jul 06 (Sold)$629K on Jan 07 (Initial list)$629K on Apr 07 (Price change)$629K on Apr 07 (Initial list)$629K on May 07 (Price change)$629K on May 07 (Initial list)$629K on Mar 08 (Price change)$450K on Sep 22 (Initial list)$465K on Feb 23 (Sold)$550K on Sep 25 (Initial list)$549K on Jan 26 (Initial list)
$200K · Jul 06$549K · Jan 26
  1. Jan 1, 2026$549,000Initial list price
  2. Sep 16, 2025$549,900Initial list price
  3. Feb 24, 2023$465,000Sold
  4. Sep 4, 2022$449,900Initial list price
  5. Mar 18, 2008$629,000Price change
  6. May 23, 2007$629,000Initial list price
  7. May 23, 2007$629,000Price change
  8. Apr 19, 2007$629,000Initial list price
  9. Apr 16, 2007$629,000Price change
  10. Jan 11, 2007$629,000Initial list price
  11. Jul 10, 2006$200,000Sold

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 949 W 51st St, Chicago
Explore nearby homes on the map →
Google MapsApple Maps

Home Intelligence

Neighborhood (zip 60609)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 35.4; 11% hold a bachelor's degree; median household income is $47,209.

Median income
$47,209
Median age
35.4
Owner-occupied
39.6%
Bachelor's degree
10.7%
Census median home value
$228,800

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

Similar homes in Chicago

Browse 8+ nearby homes on the map

Map of homes near 949 W 51st St, Chicago

See 8 more Chicago homes on the map

Open map →