#12400801, Omorodion Eguasa, Listing office: Dream Town Real Estate
Property details
About 523 E 41st St
Nestled in the heart of Chicago's highly desirable historic Bronzeville neighborhood, this lovely red brick 2 unit seamlessly blends historic character with modern functionality! On a lovely tree-lined street, this property is very unique as it was an original 1st floor, duplex up. The current owner has transformed the functionality to create additional income! There is a legal basement/garden unit, however the seller does not represent the legality of the 3rd unit. (Current rents: Garden $1360, 1st Flr $1225, 2nd Flr $1365) This building is an ideal choice for both an owner-occupant or savvy investor looking to make an investment in a booming area that is full of new developments! eeking rental income potential. The garden/basement unit features 2 good sized bedrooms, 1 full bath, in-unit laundry, a formal dining room, living room, and open-concept kitchen. The 1st Flr layout has a welcoming foyer that leads to a formal living room and dining room, both adorned with original hardwood floors and high ceilings that amplify the home's classic charm. The units have been thoughtfully updated and the building has been maintained very well over the years, blending classic details with modern amenities. Each unit presents an excellent opportunity for rental income or could be utilized as an Airbnb for short-term or mid-term stays. Separate utilities include: one boiler, two hot water heaters, and individual electric panels. Additionally, there is a concrete parking pad with potential for garage construction. This is the perfect location, just a 15-minute commute to downtown via bus or train; a 7-minute drive, and very close to Lake Michigan. Schedule your private tour today!
Highlights
Summary
- Basement: Yes
- Total Bedroom Count: 5
- Heating: Natural Gas
- List Price: $530,000
- Directions: Take King Drive to 41st go west
- Year Built: 1890
- MLS Number: 12365141
- MLS Name: MRED
- Office Name: Keller Williams ONEChicago
- Office Phone: (312) 216-2422
- Listing Agent: Rashauna Scott
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Price information
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Nearby schools
5
Univ of Chicago Charter-Donoghue
Public Charter PK-5
0.6 mi
•707 E 37th St
5
Robinson Elementary School
Public District PK-3
0.7 mi
•4225 S Lake Park Ave
10
Bronzeville Classical Elementary School
Public District KG-4
0.7 mi
•8 W Root St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,568. Most Chicago, IL residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 523 E 41st St
The listing price of 523 E 41st St property is $530,000.
The property 523 E 41st St is a house located in Chicago, Illinois, 60653.
Active Listing: 523 E 41st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 523 E 41st St are: Univ of Chicago Charter-Donoghue (GreatSchools Rating 5/10), Robinson Elementary School (GreatSchools Rating 5/10), Bronzeville Classical Elementary School (GreatSchools Rating 10/10), Fuller Elementary School (GreatSchools Rating 6/10), Mollison Elementary School (GreatSchools Rating 2/10), Woodson South Elementary School (GreatSchools Rating 2/10), Phillips Academy High School (GreatSchools Rating 1/10), King College Preparatory High School (GreatSchools Rating 6/10), Urban Preparatory Charter Academy Bronzeville High School (GreatSchools Rating 3/10).
The property at 523 E 41st St has 5 bedrooms and 3 bathrooms.
The year of construction for 523 E 41st St is 1890.
This home is located at 523 E 41st St in Chicago, IL and zip code 60653 in the South Side neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $530,000.
Chicago, IL housing market in June 2025 saw over 1044 listings sold above listed price, more than 385 sold at listed price and over 952 sold below. Between May and June 2025, Chicago, IL real estate market has seen increase in the number of listings by 7.6%. In June 2025 median list price was $379,143 and the average listing age was 25 days.