About This Home

This 5-bedroom, 4-bathroom residential multi family at 2341 N Merrimac Avenue in Chicago, IL is listed for $489,000. Built in 1920, on a 0.08 acres lot.

Key Features

  • Built in 1920
  • 0.08 acre lot

Property Details

4 full
1920
Listing 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.

Monthly Cost Estimate

$2,615/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,119
Insurance$143

Estimates only. Actual payments may vary.

Location

2341 N Merrimac Avenue

Chicago, IL 60639

Property Details

Construction

Brick

Heating

SteamNatural Gas

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 2341 N Merrimac Avenue is listed at $489,000. The estimated monthly payment is $2,616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.08 acre lot.

This property is listed by Corina Flores-Moradi.

CF

Corina Flores-Moradi

Agent at RE/MAX Cityview

Listed by RE/MAX Cityview · Broker phone: (773) 631-8260 · View on Broker Site · Broker website

MLS# 12710826· Source: Midwest Real Estate Data, LLC· 103 days on PropertySimple

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.

2341 N Merrimac Avenue, Chicago, IL 60639

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