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12 Properties Within 0.5 miles of: 2948 N Narragansett, Chicago
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2948 N Narragansett
Chicago, IL 60634

  • 4 Beds
  • 3 Baths
Price

$500,000

Est Payment
$3,049 / month (details)  
Taxes
$5,770  
Beds
4  
Baths
3  
Rooms
10  
Type
Land  
Sq. Ft.
n/a  
Lot Size
30X125  
Neighborhood
Montclare  
MLS
#12527189
Status
Active (8 months)

Property Description

**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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Parking
2 Parking Spaces, Concrete, Off Alley, Detached, Garage
Schools
District 299, Josephine Locke Elementary Schoo (299), Beard Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-09-2025 Listed at $500,000
04-14-2026 Status changed to Under Contract
06-30-2026 Status changed to Active
Last Modified 7/28/26 1:55 PM

Nearby Transportation

  • Bus 86 < 0.1 mi
  • Bus 76 0.2 mi
  • Bus 77 0.3 mi
  • Bus 91 0.5 mi
  • Bus 74 0.7 mi
  • Bus 65 0.8 mi
  • Bus 152 0.8 mi
  • Bus 85 1.0 mi
  • Bus 90 1.1 mi
  • Milwaukee West 1.1 mi
  • I 90 East 2.8 mi
  • I 90 West 2.8 mi
  • I 94 East 2.8 mi
  • I 94 West 2.9 mi
  • I 290 West 4.3 mi
  • I 290 East 4.3 mi
  • I 294 North 4.9 mi
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