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. All three units offer 3 bedrooms, with two units featuring 1.5 baths and the third offering 1 full bath. Each spacious unit features hardwood flooring, generous living areas, abundant natural light, updated kitchens with white cabinetry and tile backsplash, and stainless steel appliances. Recent improvements include updated baths and mechanicals, including newer furnaces and water heaters. Separate utilities help simplify ownership, while the fully occupied building provides immediate rental income from day one. Conveniently located near public transportation, neighborhood amenities, and major thoroughfares. A strong addition to an investor's portfolio with solid existing income and long-term potential. Please see broker remarks for financial details and showing instructions.
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
- 20
- 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: 2026-09-04T00:00:00.000Z
Chicago Market Statistics
How this home compares to 4,673 active listings in Chicago, IL
| Chicago median | This listing | |
|---|---|---|
| Median listing price | $384,502 | $529,900 |
| Median days on market | 47 | 20 |
| Median Sq Ft | 1,400 | — |
| Median price / Sq Ft | $270 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
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