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    209 S Albany Ave Chicago, IL 60612

    Sponsored
    For Sale
    $499,222

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 7 at 8:06 am

    Property Features for 209 S Albany Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 6, Bedroom 2, Basement, Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
    Bedrooms
    7
    Bathrooms
    2
    APN
    16131140200000
    Parking
    4
    Basement
    Full, Walk-Out Access, Unfinished
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1885
    Building materials
    Brick, Stone, Limestone

    HomeSmart Realty Group (708) 710-3828 [email protected]

    Listing agent Fade Kashkeesh (708) 721-2122

    Listing date Jan 1, 2026

    MLS# 12537127 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Chicago Multi-Unit Property

    This historic limestone multi-unit property with a basement is located minutes from downtown Chicago, the United Center's new mega project, the medical district, universities, expressways, CTA trains, and parks. The building was fully rehabbed in 2020 with new electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, and tuckpointing. Each unit has separate electric and gas meters and its own washer and dryer hookups. The basement features two exterior walkouts, offering added functionality, storage, and future expansion potential. The property is currently rented to one tenant on a month-to-month basis, who has set it up for short-term rentals. The property is zoned MULTI. A vacant lot next door (RT-4) is available for separate purchase, offering the opportunity for additional parking, yard space, or building another investment property. The lot size is 0.06 acres. The property presents an opportunity for investors or owner-occupants looking to live in one unit and rent the other. The property is located in Chicago, IL 60612.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bitcoin Bret's Digital ... Financial Consultant INVESTIX CAPITAL Financial Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.703233
    Latitude
    41.877936

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    FAQs

    What type of property is this?
    Duplex - Limestone 2-unit with basement near downtown Chicago.
    Where is this duplex located?
    The property is located at 209 S Albany Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $499,222.
    What are key features of this property?
    This property features: - Prime location minutes from Downtown Chicago, United Center, medical district, universities, expressways, CTA, and parks.; - Fully rehabbed in 2020 with all new mechanics (electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, tuckpointing).; - Opportunity to purchase adjacent vacant lot (RT-4) for additional parking, yard space, or new construction.
    (708) 320-0002
    Request Owner's contact information
    209 S Albany Ave Chicago, IL 60612
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    Chicago, IL 60612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 S Albany Ave Chicago, IL 60612
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