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2948 N Narragansett Avenue

Chicago, IL 60634
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Acres0.09

Acre(Lot)

**Listing reactivated due to buyer failure to perform. A prior inspection was completed successfully, with no significant issues reported.** Exceptional owner-occupant or investment opportunity in Chicago's Montclare neighborhood. Originally constructed in 1920 and comprehensively updated in 2021, this well-maintained two-unit property offers 4 bedrooms, 3 full bathrooms and approximately 2,837 square feet of total building area. The spacious upper duplex provides approximately 1,788 square feet across the second and dormered third floors, with 3 bedrooms, 2 full bathrooms, separate living and dining rooms, and a generously appointed kitchen. Features include rich wood cabinetry, distinctive granite countertops, a center island, stainless-steel appliances, separate cooktop and oven, warming drawer, dishwasher and garbage compactor. Hardwood, marble and tile flooring, recessed lighting, decorative trim and heated bathroom floors enhance the interior. The uppermost level offers an oversized bedroom or primary-suite-style retreat with vaulted and sloped ceilings, abundant open space and its own full bathroom. The separate above-grade ground-level apartment offers approximately 1,049 square feet with 1 bedroom, a den or flex room, full kitchen, living area and renovated bathroom. Multiple windows provide natural sunlight, distinguishing the unit from a traditional below-grade garden apartment. Additional finishes include marble countertops, extensive marble bathroom surfaces, heated flooring, an overhead heat lamp and a multi-spray shower system. This flexible configuration is well suited for rental income, extended living, guests or work-from-home needs. The property features updated kitchens, bathrooms, flooring, paint and fixtures, along with hot-water baseboard heat, a boiler and tankless water heater. Exterior amenities include a front porch, fenced backyard and expansive rear deck with pergola. The detached two-car garage contains approximately 575 square feet, offers alley access and is entirely vacant for the purchaser's immediate use or potential supplemental rental income. Conveniently located near shopping, parks, public and private schools, library services, medical offices, religious institutions, CTA bus routes and Metra transportation. This is a strong option for an owner-occupant seeking additional income, a multigenerational household or an investor looking for two updated units with room to improve the rent roll. The adjacent commercial property may also be available separately, creating a potential assemblage opportunity with approximately 15,025 square feet of combined land area and approximately 120 feet of street frontage.

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Detail Ic Property Details

Property Type : Land

Price : $500,000

AD Id : 70627339

MLS Id : MRD12527189

Beds : 4

Lot Size : 0.09 Acre(Lot)

County : Cook

  • Map Map

Map

Feature Features

  • Water Source

    Heating: Natural Gas
    Cooling: Central Air show

    Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 10
  • Flooring Information

    Construction Materials: Wood, Vinyl Siding

  • Lot Information

    Lot Dimensions: 30X125 Lot Acres: 0.09 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Land Sub Type: Land Type Detached: 2 Stories

  • Listing Price Information

    Original List Price:$500000

  • Tax Information

    Annual Tax: $5769.58 Tax Year: 2024 Parcel Number: 13302230130000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2 Concrete, Off Alley, Detached, Garage

  • School Information

    Elementary School: Beard Elementary School Junior High School: Josephine Locke Elementary Schoo
  • Utility Information

    Electric to Site, Natural Gas Available, Sewer Connected, Water Available
  • Location Information

    City: Chicago Direction: W on Belmont Ave, S on Narragansett and building is W on 2900-3000 block
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4106 N Mobile Avenue, Chicago, IL, 60634 $650,000 -- -- -- 0.41 Acre(Lot)
2958 N Narragansett Ave.., Chicago, IL, 60634 $1,000,000 -- -- -- 0.26 Acre(Lot)
3006 N Natoma Avenue, Chicago, IL, 60634 $230,000 -- -- -- 0.09 Acre(Lot)
3940 N Central Avenue, Chicago, IL, 60634 $125,000 -- -- -- 0.07 Acre(Lot)
7455 W Irving Park Road, Chicago, IL, 60634 $949,000 -- -- -- Acres (Lot)--
2948-2958 N Narraganset.., Chicago, IL, 60634 $1,500,000 4 3 -- 0.35 Acre(Lot)
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ByOwner last updated this listing 08/13/2026 @ 06:20

MLS: MRED #12527189 LISTED BY: Cecil Sabu, ALLURE Real Estate 312-772-2820 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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