1307 S Lawndale AvenueChicago, IL 60623

Description

Rarely available, TRUE 3 story, 3 unit building with a basement in Hot North Lawndale. Perfect for live-in owner or investor. $5K monthly rental potential now, but could be more with basement possibilities. Gut rehab in 2001, since then remodeled to rent, and easy to rent. Each massive (1600SF+) unit features 4 NATURAL bedrooms per floor. The high and dry unfinished basement offers separate ingress and egress, waiting for your ideas. Separate gas forced air furnaces in all 3 units, 2nd and 3rd floor have washer/dryer and newer hot water tanks in unit. 2nd floor completely remodeled and will be rented soon. 3rd floor vacating soon, and will be rent soon after some work...or buy it and pick your own tenants. 1st floor kitchen remodeled. Recently tuck pointed, roof newly white coated and hall way freshly painted. Decorative fireplaces in all 3 units. Visual colored camera system in and around the property. Yard mostly fenced in. Storage shed on rear south end of property for supplies. Wrought iron security gate for front access. North and South lots owned by the City of Chicago. Reasonably near United Center, Medical District, Schools (bus service), shopping, parks, hospitals, churches, I290, CTA, El and Metra. Owner/Seller is a Illinois Licensed Real Estate Broker. Priced within the market.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1924

Lot dimensions

25 X 125

Parking spaces

2

Ownership

Fee Simple

Zoning

MULTI

Days on market

4

MLS^® Listing#

12758472

Property Features

Heating

Natural Gas · Forced Air

Basement

Unfinished · Exterior Entry · Concrete · Full · Walk-Out Access

Parking

Alley Access

Construction

Brick

Sewer

Public Sewer

Financial Details

Annual taxes

$5,836Tax year 2025

Parcel number

16231120030000

Directions

Roosevelt East of Independence to Lawndale, South to property.