Address
2341 N Merrimac Avenue, Chicago, IL
Price
$ 489,000
Property Attributes
  • MLS#12710826
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Belmont Cragin
  • NeighborhoodBelmont Cragin
  • Zip60639
  • Style
  • Year Built1920
  • Taxes$ 7623
  • Price$ 489,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.08 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Classic Chicago bungalow offering the versatility of a legal 2-unit plus a finished basement, providing exceptional flexibility for owner-occupants, multigenerational living, or investors alike. This home blends the timeless appeal of a classic Chicago bungalow with the practical layout of a multi-unit property. Each unit offers comfortable living space filled with natural light, while the finished basement adds valuable space for recreation, a home office or storage. Ideally located with convenient access to the multiple CTA bus routes, and the Kennedy Expressway (I-90/94), commuting throughout the city is simple. Enjoy nearby neighborhood favorites including Riis Park, along with a growing collection of local restaurants, coffee shops, breweries, and boutiques that continue to make this area one of Chicago's most desirable neighborhoods. Whether you're looking for rental income, or expand your investment portfolio, this well-located property presents an outstanding opportunity in a thriving Chicago community.

Price History
7/21/2026 Listed $499,999
8/12/2026 3$489,000

General Features

Sewer Public Sewer
Heating Natural Gas,Steam
Possession Negotiable
Roof Asphalt
Zoning MULTI
Construction Materials Brick
Year Built 1920
Township Jefferson
Tax Year 2025
Ownership Fee Simple
Community Features Park,Pool,Sidewalks,Street Lights,Street Paved
County Cook
New Construction No
Property Type Residential Income
Total Rooms 12
Status Active
Directions Grand Ave east of Narragansett to Merrimac,north to property
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Tax Annual Amount 7623
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Finished,Full
Total Bedrooms 5
Total Baths 4
Bedrooms Possible 5
Full Baths Building 4
Total Number of Units 2

Exterior Features

Water Source Lake Michigan
Lot Dimensions 30X125
Lot Size Acres 0.08
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60639

Price
AVG $610K
$490K
Taxes
AVG $6,738
$7,623
Year Built
AVG 1928
1920
Visits
AVG 126
437
Data Provided by Inside Real Estate®

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