541 W Root Street, Chicago IL 60609
$150,000

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Property Description

MULTIPLE OFFERS RECEIVED. Highest & best by end of day Sunday, June 21. Calling all investors, rehabbers, flippers & ambitious DIY buyers! This spacious 2-unit property is your opportunity to unlock serious value at an incredible price of just $150,000. Whether you're looking to renovate and hold, flip for profit, or create a multi-generational living setup, this property offers the perfect blank canvas. Featuring generous unit layouts and a large backyard with plenty of room for outdoor living, parking improvements, or future enhancements, the possibilities are wide open. Bring your contractor, your tool belt, and your imagination - this is a project with upside written all over it. Sold AS-IS. Opportunities at this price point are becoming increasingly rare- don't miss your chance to transform this diamond in the rough into something special. Bring your vision, build your equity, and reap the rewards!

Features & Information

Key Details

  • List Price $150,000
  • Property Taxes $3,625
  • Year Built 1878
  • Status Contingent
  • List Market Time 10

Units

  • Unit 1

  • Floor 1
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Microwave, Window Air Conditioner, Laundry Hook-Up
  • Tenant Pays All
  • Lease Expires 0
  • Unit 2

  • Floor 2
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Microwave, Window Air Conditioner, Laundry Hook-Up
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires N/A

Exterior Features

  • Parking

  • # of Cars:  0

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property North On S Wallace St. East On Root. Property On Right
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 3625
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20041210120000

Listed by Randi Quigley for eXp Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/26/2026 9:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Canaryville

One of Chicago’s oldest neighborhoods, Canaryville offers a well-kept residential enclave on the city’s south side. Bordered by the city’s industrial scene, this long-standing community is known best for its expansive dining scene—from classic Chicago pizza eateries to old school taverns, Canaryville’s restaurant options are endless. Rooting for your favorite south side team? With Guaranteed Rate Field nearby, baseball fans will always feel at home in the neighborhood. Looking to expand your cultural horizons? Located in nearby Bronzeville, the Harold Washington Cultural Center boasts a plethora of entertainment options from concerts and poetry readings to live theater that cannot be missed.

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