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2017 W Norwood St
Multi-Family
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$565,000

2017 W Norwood St, Chicago

52% below median
6 bd·2 ba·0 sqft
Built 1884West Ridge

2017 W Norwood St, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $565,000, built in 1884 in the West Ridge neighborhood.

About this home

Calling all investors! This fully-occupied 2-unit has everything you need to start your home-hacking journey, or add as a valuable addition to your current portfolio. Both units are 3bed/1bath, updated/remodeled in 2018, and feature hardwood floors throughout (second floor under carpet), with ceramic tile in the kitchens. Classic Chicago-sized bedrooms all have closets, and will fit queen-size beds. First floor unit features open/formal living and dining rooms, second floor has large central living/dining space. Separate storage closets under rear stairs and in basement, which includes updated furnaces (2022) and water heaters (2023), and laundry. Second floor unit also features small dining nook off the kitchen. Both units have central/air heat, with 1 new ac condenser (2022). Small patio in the rear fenced area of the property for tables and grills. Property also includes the rear parking land, with garages for 5 cars, and 5 additional outdoor spots that are also fully rented by the building and external tenants. A solid investment!

Property details

Price
$565,000
Bedrooms
6
Bathrooms
2
Year built
1884
Type
Multi-Family
Days on market
69
Est. property tax
$11,752/yr · $979/mo · 2.08% IL avg
Last sold
$415,000 · Jul 2018

Estimated monthly payment

Down payment20% ($113,000)
Interest rate6.75%
Principal & Interest$2,932
Property Tax$518
Insurance$150
Total$3,600/mo

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Price history

2.6%Most recent change on 2026-04-16: $580,000$565,000.

$632K$320K$8K$60K on Jan 82 (Sold)$63K on Mar 87 (Sold)$245K on Jul 15 (Sold)$415K on Jul 18 (Sold)$580K on Feb 26 (Initial list)$565K on Apr 26 (Price change)
$60K · Jan 82$565K · Apr 26
  1. Apr 16, 2026$565,000Price change
  2. Feb 16, 2026$580,000Initial list price
  3. Jul 18, 2018$415,000Sold
  4. Jul 2, 2015$245,100Sold
  5. Mar 17, 1987$63,000Sold
  6. Jan 20, 1982$60,000Sold

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 60659)

Median age is 36.7; 24% hold a bachelor's degree; 46% of homes are owner-occupied; median household income is $64,202.

Median income
$64,202
Median age
36.7
Owner-occupied
45.5%
Bachelor's degree
24.0%
Census median home value
$356,200

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

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