2531 S Christiana Ave, Chicago, IL
4 bd · 2 ba · 0 sqft Multi-Family listed at $249,900, built in 1897 in the South Lawndale neighborhood.
About this home
Opportunity knocks at 2531 S Christiana Ave! Solid two-unit building perfect for an owner-occupant or investor looking for strong upside. Each unit features 2 bedrooms, 1 bath, a spacious living room, and a separate dining room, offering a functional and desirable layout for long-term tenants or owner occupancy. Live in one unit while renting out the other to help your mortgage-an ideal setup for buyers looking to build equity while reducing monthly expenses. Investors will appreciate the income potential. With comparable units in the area renting in the $1,200-$1,500+ range per unit (buyer to verify), this property offers a compelling opportunity for both cash flow and long-term appreciation. Additional value can be found in the attic space, which may offer potential for a studio unit or duplex-up expansion with the second-floor unit (buyer to perform all due diligence). Property is being sold as-is. Conventional or cash only. This is a value-driven opportunity-priced for condition and expected to generate strong interest.
Property details
- Price
- $249,900
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1897
- Type
- Multi-Family
- Days on market
- 34
- Est. property tax
- $5,198/yr · $433/mo · 2.08% IL avg
- Last sold
- $23,000 · Jan 1979
Estimated monthly payment
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Price history
- Apr 16, 2026$249,900Relisted
- Mar 23, 2026$249,900Initial list price
- Jan 11, 1979$23,000Sold
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 60623)
This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 34.4; 9% hold a bachelor's degree; median household income is $37,814.
- Median income
- $37,814
- Median age
- 34.4
- Owner-occupied
- 37.8%
- Bachelor's degree
- 9.0%
- Census median home value
- $203,400
Source: US Census Bureau American Community Survey 5-year estimates.
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