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About This Home

This 6-bedroom, 2-bathroom residential multi family at 501 W 103rd Street in Chicago, IL is listed for $115,000. Built in 1888, on a N/A lot.

Agent Description

Opportunity meets potential at 501 W 103rd St! This classic corner-lot multi-unit property is ready for its next chapter and offers plenty of space for buyers with vision, creativity, and renovation ideas. Whether you're exploring a long-term hold strategy, planning updates over time, or considering a full transformation, this property presents flexibility and room to grow.

Each unit features 3 bedrooms, 1 bath, formal dining rooms, and kitchens spacious enough to accommodate the addition of a breakfast bar or expanded gathering space. The layout offers functionality while leaving room for customization and modernization to match your style or project goals.

An enclosed rear porch adds additional usable space and everyday convenience, while the basement provides the opportunity for a dedicated laundry area, storage, workshop setup, or future reconfiguration possibilities. Outside, the corner lot placement offers added visibility and outdoor space, complemented by a 2-car garage for parking and storage needs.

Yes, there's work to be done-but for the buyer ready to bring ideas and updates, this property may be the perfect canvas to unlock its potential. Located in Chicago's Roseland area, the property offers convenient access to neighborhood parks, shopping, dining, schools, public transportation, and major commuting routes including I-57 and I-94.

Nearby amenities include Palmer Park, local retail corridors along Michigan Avenue and 103rd Street, the Roseland Medical District area, and convenient CTA and Metra connections for commuting throughout the city and surrounding suburbs. Properties with this amount of space, layout flexibility, and potential are becoming harder to find. Bring your contractor, your creativity, and your plans-this could be the opportunity you've been waiting to bring back to life.

Key Features

  • Built in 1888
  • 2 parking spaces

Property Details

2 full
2 spaces
1888

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

501 W 103rd Street

Chicago, IL 60628

Property Details

Construction

Frame

Parking

Garage

Heating

Forced AirNatural Gas

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 501 W 103rd Street is listed at $115,000. The estimated monthly payment is $498 based on 20% down at 6.5% interest.

Key features include: Built in 1888, 2 parking spaces.

This property is listed by Tamika Marks and can be reached at (773) 783-9525 or marksrealtor@yahoo.com.

TM

Tamika Marks

Agent at Trademarks & Associates

(773) 783-9525

Listed by Trademarks & Associates · View on Broker Site

MLS# 12656170· Source: listhub· Updated 8 days ago

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501 W 103rd Street, Chicago, IL 60628

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