531 W 61st Pl, Chicago, IL, 60621
About This Home
Gorgeous, renovated brick two-flat is an investor's dream and guarantees YEARS of cash flow with long term tenants! This is a solid investment that will produce great returns!! Tenants will enjoy living in a quiet neighborhood convenient to The University of Chicago, major highways, public transportation, restaurants, shopping, and Lake Michigan. In-unit features include: Brand New Appliances, Open Concept Layout, Large Closet Space, and LED Lighting. This property won't last!
Getting Around
Somewhat Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1908
Materials
- Construction materials: Brick
Notable Dates
- Major remodel year: 2017
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 20163190100000
- Zoning: MULTI
- Special condition: None
Lot
- Lot size: 3,125 sqft
- Lot size dimensions: 25X125
Parking
- Total spaces: 2
- Parking features: Yes,Owned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $854 | $10,248 |
| Home Insurance * | $721 | $8,652 |
| Property Taxes | $243 | $2,916 |
| Electricity | $130 | $1,569 |
| Total | $1,948 | $23,376 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $169,000 |
| 2026-04-20 | Listing removed | $179,000 |
| 2026-02-04 | Listed for sale | $179,000 |
| 2026-01-23 | Contingent | $179,000 |
| 2025-12-20 | Price change | $179,000 |
| 2025-12-18 | Listed for sale | $189,000 |
| 2025-12-18 | Listing removed | $189,000 |
| 2025-12-13 | Contingent | $189,000 |
| 2025-11-03 | Price change | $189,000 |
| 2025-09-17 | Listed for sale | $199,000 |
| 2020-12-25 | Listing removed | -- |
| 2020-12-25 | Contingent | $180,000 |
| 2020-11-05 | Pending sale | $180,000 |
| 2020-11-03 | Listed for sale | $180,000 |
| 2020-10-01 | Listing removed | $180,000 |
| 2020-09-09 | Listed for sale | $180,000 |
| 2019-07-23 | Listing removed | $179,900 |
| 2019-04-01 | Price change | $179,900 |
| 2018-12-11 | Price change | $184,900 |
| 2018-12-01 | Price change | $189,000 |
| 2018-11-17 | Price change | $194,000 |
| 2018-11-07 | Price change | $199,000 |
| 2018-10-25 | Listed for sale | $209,000 |
| 2017-10-24 | Listing removed | $1,200 |
| 2017-09-24 | Listed for rent | $1,200 |
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