1504 S Hamlin AvenueChicago, IL 60623
Cook County
Description
Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. This well-maintained building features three spacious 3-bedroom residences offering consistent layouts and finishes throughout. Each apartment features beautiful hardwood flooring, generous living space, abundant natural light, updated kitchens with white cabinetry, tile backsplashes, and stainless steel appliances, along with updated baths and classic Chicago architectural character. All three units are currently tenant-occupied, providing immediate rental income from day one. Convenient West Side location with easy access to public transportation, major thoroughfares, neighborhood amenities, and I-290. Nearby parks provide additional green space and recreation. A solid opportunity for an investor seeking an occupied multifamily asset with updated interiors and established rental income. Don't miss the opportunity to add a classic Chicago brick building to your portfolio.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1925
- Lot size
- 0.07 acres
- Lot dimensions
- 25X100
- Parking spaces
- 2
- Ownership
- Fee Simple
- Days on market
- 13
- MLS® Listing#
- 12751850
Property Features
- Heating
- Natural Gas · Forced Air
- Basement
- None
- Construction
- Brick
- Sewer
- Public Sewer
Financial Details
- Annual taxes
- $2,964Tax year 2023
- Parcel number
- 16231250130000
Directions
Head East or West on 16th St towards Avers Ave. Turn North onto Avers. Turn East onto 15th. Turn South onto Hamlin. Property will be on the West side of the street.
Listing Courtesy: EXIT Strategy Realty - dewayne.exit@gmail.com
Last Updated: 2026-09-04
Chicago Market Statistics
How this home compares to 4,594 active listings in Chicago, IL
| Chicago median | This listing | |
|---|---|---|
| Median listing price | $384,317 | $529,900 |
| Median days on market | 27 | 13 |
| Median Sq Ft | 1,400 | — |
| Median price / Sq Ft | $275 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
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