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Property Description

Price improvement alert! 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.

Overview

Property Status
Sold
Date Sold
August 10, 2026
MLS ID
12656170
Property Type
Multi-Family
Year Built
1888

Features & Amenities

Neighborhood
Chicago
Garage Spaces
2.0
Water Source
Public
Roof
Asphalt
Lot Features
Corner Lot
Parking
No Garage, Yes, Garage Owned, Detached, Garage
Heat Type
Natural Gas, Forced Air
Sewer
Public Sewer
Substructure
Concrete Perimeter
School District
299
Sales Price
$89,000
Real Estate Tax
$2,619/yr

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501 W 103rd Street

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