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.
Property Details
Price:
$489,000
MLS #:
MRD12710826
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Jul 21, 2026
Year Built:
1920
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Steam
Exterior
Community Features
Park, Pool, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Roof
Asphalt
Financial
Tax Year
2025
Taxes
$7,623
Map
Community
- Address2341 N Merrimac Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 08, 2026
1,348
Multi Family Listed
76
Avg DOM
$529,345
Avg List Price
Property Summary
- 2341 N Merrimac Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $489,000
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Copyright 2026. All rights reserved.
2341 N Merrimac Avenue
Chicago, IL


