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4217 W Grace St
Multi-Family
New
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$649,000

4217 W Grace St, Chicago

45% below median
5 bd·3 ba·0 sqft
Built 1903Irving Park

4217 W Grace St, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $649,000, built in 1903 in the Irving Park neighborhood.

About this home

One-of-a-kind opportunity to own a former bakery on a tree-lined street in highly sought after Old Irving Park. This two-flat home features a currently leased 2 bedroom/1 bathroom first floor unit, and a 3 bedroom/2-bathroom owner's unit. Long time owner of 20 years has lovingly taken care of the building with several recent improvements: roof 5-9 years, many windows under a year old, owner's unit main floor bathroom renovated, and more. The first-floor unit is impeccably maintained by the tenant whose lease is through March 2028. Be greeted by the 20-foot vaulted ceiling in the second floor owner's unit. The 3 bedroom duplex up has hardwood floors on the main level with a separate living and dining room, in-unit laundry, and back deck that spans the width of the building. Each unit has their own laundry and storage room. Prime location close to 90/94, Blue Line, both Irving Park Metra and Grayland Metra, Smoque BBQ, Backlot Coffee, and more!

Property details

Price
$649,000
Bedrooms
5
Bathrooms
3
Year built
1903
Type
Multi-Family
Days on market
8
Est. property tax
$13,499/yr · $1,125/mo · 2.08% IL avg
Last sold
$468,000 · Jan 2006

Estimated monthly payment

Down payment20% ($129,800)
Interest rate6.75%
Principal & Interest$3,368
Property Tax$595
Insurance$150
Total$4,112/mo

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Price history

$710K$345K$-21K$40K on Apr 82 (Sold)$58K on Mar 87 (Sold)$331K on Jul 00 (Sold)$468K on Jan 06 (Sold)$649K on Apr 26 (Initial list)
$40K · Apr 82$649K · Apr 26
  1. Apr 17, 2026$649,000Initial list price
  2. Jan 13, 2006$468,000Sold
  3. Jul 5, 2000$331,000Sold
  4. Mar 24, 1987$57,500Sold
  5. Apr 21, 1982$40,000Sold

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.

Home Intelligence

Neighborhood (zip 60641)

Median age is 37.3; 22% hold a bachelor's degree; 54% of homes are owner-occupied; median household income is $79,884.

Median income
$79,884
Median age
37.3
Owner-occupied
53.7%
Bachelor's degree
22.3%
Census median home value
$357,900

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

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