2341 N Merrimac Avenue, Chicago IL 60639
Property Description
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.
Features & Information
Key Details
- List Price $489,000
- Property Taxes $7,623
- Year Built 1920
- Status Active
- List Market Time 46
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 2
- Appliances Stove
- Rent $0/mo
- Tenant Pays All,Electric,Gas,Heat
- Lease Expires Owner
-
Unit 2
- Floor 2
- Rooms 6
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays Electric
- Lease Expires Owner
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Grand Ave East Of Narragansett To Merrimac, North To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 7623
- Tax Year 2025
- Tax Exemptions Homeowner
- Parcel Identification Number 13321030150000
Listed by Corina Flores-Moradi for Re/Max Cityview | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/28/2026 4:32 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 Belmont Central
The ethnically diverse and well-kept Belmont Central is a sizeable yet understated neighborhood, speckled with affordable housing and an international array of restaurants to suit every taste and craving. With a passionate Chamber of Commerce always on the job to enhance Belmont Central homes and businesses, this northwest Chicago neighborhood is making a name for itself. Historic houses have been passed down from generation to generation while new model condos are emerging along the residential blocks in recent years. Convenient corner stores and groceries stock the daily essentials, but Belmont Central's shopping district is the place to go for fashion, furniture, footwear and giftables. The mix of family-run establishments and national chains is right on par with the strong community values that have shaped Belmont Central into a close-knit Chicago neighborhood.
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