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2047 N Lavergne Ave
Multi-Family
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$450,000

2047 N Lavergne Ave, Chicago

62% below median
5 bd·3 ba·0 sqft
Built 1913Cragin

2047 N Lavergne Ave, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $450,000, built in 1913 in the Cragin neighborhood.

About this home

Discover a level of care and personal pride that high-turnover rentals simply cannot match! This solid, move-in-ready two-flat has been owned and occupied by the same family for over 30 years, so the maintenance was personal, not a quick fix for tenants. It's perfect for savvy investors to tap into its income potential or for large families to take advantage of its multi-generational living space! Each unit features updated baths, hardwood floors, spacious living and dining rooms, enclosed porches, and the modern comfort of central air (no window units here!). The first floor offers two bedrooms, including an expansive double-sized bedroom with a walk-in closet, while the second floor has three bedrooms, a walk-in pantry, and an elevated deck with commanding views. Finish off the walk-up attic and you'll have even more storage and flex space when paired with the sizeable and super-clean basement which includes a third full bath, work space, laundry area, and storage sheds in the foyer. The secure, fully gated exterior features a large patio, fresh concrete perimeter sidewalks, and a massive gated carport capable of housing work vehicles, campers, boats, and more. Centrally located near Walmart, Home Depot, Menards, grocery stores, favorite local food spots, and a movie theater, this home is also convenient to two nearby Metra stops at Hanson Park and Cicero & Grand. Come see the rest for yourself and see just how much this property has to offer!

Property details

Price
$450,000
Bedrooms
5
Bathrooms
3
Year built
1913
Type
Multi-Family
Days on market
44
Est. property tax
$9,360/yr · $780/mo · 2.08% IL avg
Last sold
$120,000 · Jun 1993

Estimated monthly payment

Down payment20% ($90,000)
Interest rate6.75%
Principal & Interest$2,335
Property Tax$413
Insurance$150
Total$2,897/mo

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Price history

$488K$259K$30K$68K on Nov 86 (Sold)$120K on Jun 93 (Sold)$450K on Mar 26 (Initial list)
$68K · Nov 86$450K · Mar 26
  1. Mar 12, 2026$450,000Initial list price
  2. Jun 1, 1993$120,000Sold
  3. Nov 1, 1986$68,000Sold

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 60639)

Median age is 35.5; 10% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $54,969.

Median income
$54,969
Median age
35.5
Owner-occupied
47.5%
Bachelor's degree
10.3%
Census median home value
$279,400

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

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