# 531 W 61st Place, Chicago, IL 60621

> **TL;DR:** 5bd/2ba residential multi family, $169,000, built 1908. Est. $904/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $169,000 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Year Built | 1908 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $855 |
| Estimated Insurance | $49 |
| **Total** | **$904** |

## Property Highlights

- Built in 1908
- 2 parking spaces

## Description

### Agent Description
Great opportunity for an owner-occupant or investor! This solid brick two-flat offers flexibility, income potential, and a convenient Chicago location. The second-floor unit is currently occupied, while the first-floor unit is vacant and ready for a new owner or tenant-perfect for someone looking to live in one unit while collecting rental income from the other. Both units feature separate utilities, with individual furnaces and hot water heaters located in the basement, making management and utility expenses simple. The property is conveniently located near the University of Chicago with easy access to major highways, public transportation, restaurants, shopping, and everyday conveniences.

## Location

- **Address:** 531 W 61st Place, Chicago, IL 60621
- **County:** Cook
- **Coordinates:** 41.78234, -87.638805
- **Google Maps:** https://www.google.com/maps?q=41.78234,-87.638805

## Listing Agent

- **Name:** Dimitris Mellos
- **Brokerage:** James Construction
- **Broker Phone:** (847) 668-8042
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/531-W-61st-Pl_Chicago_IL_60621_M70271-34715?f=listhub&s=MREDIL&m=12767848&c=propsimple)

## Photos

![531 W 61st Place - Photo 1](http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4171769010r.jpg)

![531 W 61st Place - Photo 2](http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f2550765287r.jpg)

![531 W 61st Place - Photo 3](http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4249628054r.jpg)

![531 W 61st Place - Photo 4](http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f1840900998r.jpg)

---

**MLS#:** 12767848 | **Updated:** 2026-10-29
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#listing",
  "url": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b",
  "name": "531 W 61st Place, Chicago, IL 60621",
  "description": "Great opportunity for an owner-occupant or investor! This solid brick two-flat offers flexibility, income potential, and a convenient Chicago location. The second-floor unit is currently occupied, while the first-floor unit is vacant and ready for a new owner or tenant-perfect for someone looking to live in one unit while collecting rental income from the other. Both units feature separate utilities, with individual furnaces and hot water heaters located in the basement, making management and utility expenses simple. The property is conveniently located near the University of Chicago with easy access to major highways, public transportation, restaurants, shopping, and everyday conveniences.",
  "image": [
    "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4171769010r.jpg",
    "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f2550765287r.jpg",
    "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4249628054r.jpg",
    "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f1840900998r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4171769010r.jpg",
    "caption": "531 W 61st Place - Chicago, IL"
  },
  "datePosted": "2026-09-23",
  "dateModified": "2026-10-29T02:32:49.439Z",
  "mainEntity": {
    "@type": "Accommodation",
    "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#property",
    "name": "531 W 61st Place, Chicago, IL 60621",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "531 W 61st Place",
      "addressLocality": "Chicago",
      "addressRegion": "IL",
      "postalCode": "60621",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 41.78234,
      "longitude": -87.638805
    },
    "image": [
      "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4171769010r.jpg",
      "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f2550765287r.jpg",
      "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f4249628054r.jpg",
      "http://lh.rdcpix.com/aa12d7f84705df2851489b8819c659f9l-f1840900998r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "12767848"
    },
    "accommodationCategory": "Other",
    "numberOfBedrooms": 5,
    "numberOfBathroomsTotal": 2,
    "numberOfFullBathrooms": 2,
    "yearBuilt": 1908,
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Forced Air, Natural Gas"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Construction Materials",
        "value": "Brick"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Parking Features",
        "value": "Owned"
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Parking Spaces",
        "value": 2
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Other"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#offer",
    "url": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b",
    "price": 169000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#agent",
    "name": "Dimitris Mellos",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/531-w-61st-place-chicago-il-60621-e866c8714c204d30b659874d63554c0b#brokerage",
      "name": "James Construction",
      "telephone": "(847) 668-8042"
    }
  }
}
```