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    817 W 54Th St Chicago, IL 60609

    For Sale
    $289,000

    Residential Income - Chicago, IL

    Lot size:
    0.07 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 817 W 54Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    20084280170000
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1893
    Architectural style
    Other

    Trademarks & Associates, LLC (773) 783-9525 [email protected]

    Listing agent Tamika Marks (773) 306-0352 License #471006293

    Listing date Dec 2, 2025

    MLS# 12380621 Listing URL

    Copyright © 2025 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

    New City Two-Unit Income Property

    This solid brick two-unit income property is located in Chicago's New City neighborhood. Each of the spacious 3-bedroom units features a bright living room, a formal dining room, and a full bath. The property has updated mechanicals and separate heating systems, with tenants responsible for all utilities. The full, open basement currently serves as a laundry and storage area, offering potential for transformation into additional living space or a recreation area. A newer rear porch and generous backyard enhance the property, making it suitable for entertaining or gardening. Situated in the vibrant New City community, the property is within walking distance of Halsted Street, providing access to public transportation, shopping, and dining. It is also near Sherman Park, Back of the Yards College Prep High School, and the historic Stockyards Industrial Corridor. The property offers long-term income potential in a growing Chicago neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.6460131
    Latitude
    41.7957812

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property in Chicago's vibrant New City.
    Where is this duplex located?
    The property is located at 817 W 54Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Two spacious 3-bedroom units offer immediate income potential.; - Tenants pay all utilities due to separate heating systems.; - Updated mechanicals ensure low maintenance costs.
    (773) 306-0352
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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
    817 W 54Th St Chicago, IL 60609
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