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3047 S Broad St
Multi-Family
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$495,000

3047 S Broad St, Chicago

58% below median
5 bd·3 ba·0 sqft
Built 1919Bridgeport

3047 S Broad St, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $495,000, built in 1919 in the Bridgeport neighborhood.

About this home

Phenomenal rare and highly sought after opportunity for those with extended families, and investors to own two seperate buildings. A primary residence, and an additional separate coach house in the back. Two separate buildings afford multi-generational families with private separate living quarters and/or have the flexability to generate additional income. The primary 3 bed /1 bath residence has a finished basement with an additional half bath. The coach house has 2 bed / 1 bath. A combined total of approximately 1,200 square feet of living space. Brand new condenser for the coach house, and newer one year old condenser for the primary residence. Great desirable location. Mariano's, Orange Line to Midway Airport, I-55, and the Archer Ave 62 bus all conveniently located nearby. The wide residential street has plenty of parking. Please note, the seller will remove all personal items in the basement prior to closing. Property will be conveyed "As-Is" - No exceptions.

Property details

Price
$495,000
Bedrooms
5
Bathrooms
3
Year built
1919
Type
Multi-Family
Days on market
80
Est. property tax
$10,296/yr · $858/mo · 2.08% IL avg
Last sold
$57,000 · Sep 1988

Estimated monthly payment

Down payment20% ($99,000)
Interest rate6.75%
Principal & Interest$2,568
Property Tax$454
Insurance$150
Total$3,172/mo

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Price history

$539K$276K$13K$57K on Sep 88 (Sold)$495K on Feb 26 (Initial list)
$57K · Sep 88$495K · Feb 26
  1. Feb 5, 2026$495,000Initial list price
  2. Sep 9, 1988$57,000Sold

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 60608)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 34.1; 19% hold a bachelor's degree; median household income is $66,821.

Median income
$66,821
Median age
34.1
Owner-occupied
39.5%
Bachelor's degree
19.1%
Census median home value
$321,600

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

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