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2949 W Adams St
Multi-Family
New
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$149,900

2949 W Adams St, Chicago

87% below median
1 bd·3 ba·0 sqft
Built 1884East Garfield Park

2949 W Adams St, Chicago, IL

1 bd · 3 ba · 0 sqft Multi-Family listed at $149,900, built in 1884 in the East Garfield Park neighborhood.

About this home

In the heart of Chicago's resurging Fifth City neighborhood, this brick 2-flat is your next full rehab opportunity. This property is ready to be reimagined from the ground up. Plans and permits have already been issued! With soaring property values in the area, this is an ideal opportunity for a fix-and-flip, rental income, or new construction. Property sold as-is. Bring your vision and make it your next great investment! Seller is a licensed real estate agent.

Property details

Price
$149,900
Bedrooms
1
Bathrooms
3
Year built
1884
Type
Multi-Family
Days on market
14
Est. property tax
$3,118/yr · $260/mo · 2.08% IL avg
Last sold
$4,000 · Feb 1978

Estimated monthly payment

Down payment20% ($29,980)
Interest rate6.75%
Principal & Interest$778
Property Tax$137
Insurance$150
Total$1,065/mo

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Price history

$152K$140K$128K$139K on Apr 25 (Initial list)$135K on May 25 (Price change)$130K on May 25 (Price change)$150K on Apr 26 (Initial list)
$139K · Apr 25$150K · Apr 26
  1. Apr 11, 2026$149,900Initial list price
  2. May 28, 2025$129,900Price change
  3. May 21, 2025$134,900Price change
  4. Apr 22, 2025$139,000Initial list price

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.

Home Intelligence

Neighborhood (zip 60612)

This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 34.2; 23% hold a bachelor's degree; median household income is $58,858.

Median income
$58,858
Median age
34.2
Owner-occupied
32.3%
Bachelor's degree
23.0%
Census median home value
$342,700

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

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