Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof.Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.
Closed
$475,000
1242 S Lawndale Ave, Chicago, IL 60623
7beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$493,900 Zestimate®
$--/sqft
$1,432 Estimated rent
Home value
$493,900
$445,000 - $548,000
$1,432/mo
Zestimate® history
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List your homeWhat's special
Updated bathroomsCustom secured gateNewer furnacesNew water heaterNew rear doorsNewer appliancesUpdated plumbing
Zillow last checked:
Listing updated:
Listed by:
Lawrence Dunning 773-799-8042,
Main Street Real Estate Group
Bought with:
Josephine Hood
Neighborhood Assistance Corp.
Source: MRED as distributed by MLS GRID,MLS#: 12364519
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full,Walk-Out Access
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Alley Access, Garage Faces Side, Yes, Leased
- Has garage: Yes
- Has uncovered spaces: Yes
Lot
- Size: 4,010 Square Feet
Details
- Parcel number: 16231040290000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $360,010
- Annual tax amount: $1,982
- Date on market: 5/13/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $475,000-2.1% |
Source:  MRED as distributed by MLS GRID #12364519 Report a problem | ||
| 5/27/2025 | Contingent | $485,000 |
Source: MRED as distributed by MLS GRID #12364519 Report a problem | ||
| 5/13/2025 | Listed for sale | $485,000-2% |
Source: MRED as distributed by MLS GRID #12364519 Report a problem | ||
| 5/13/2025 | Listing removed | $494,900 |
Source: MRED as distributed by MLS GRID #12201582 Report a problem | ||
| 4/15/2025 | Price change | $494,9000% |
Source: MRED as distributed by MLS GRID #12201582 Report a problem | ||
| 3/27/2025 | Price change | $495,000-0.8% |
Source: MRED as distributed by MLS GRID #12201582 Report a problem | ||
| 2/20/2025 | Price change | $499,000-0.2% |
Source: MRED as distributed by MLS GRID #12201582 Report a problem | ||
| 11/1/2024 | Listed for sale | $499,900+32.6% |
Source: MRED as distributed by MLS GRID #12201582 Report a problem | ||
| 7/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/23/2024 | Listed for rent | $1,200+20% |
Source: Zillow Rentals Report a problem | ||
| 10/4/2023 | Sold | $377,000-4.4% |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 9/2/2023 | Contingent | $394,500 |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 8/17/2023 | Listed for sale | $394,500-1.4% |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 8/13/2023 | Contingent | $399,999 |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 8/3/2023 | Price change | $399,999-7.4% |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 8/2/2023 | Listed for sale | $432,000-2.9% |
Source: MRED as distributed by MLS GRID #11848753 Report a problem | ||
| 12/23/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11666726 Report a problem | ||
| 12/21/2022 | Listed for sale | $445,000 |
Source: MRED as distributed by MLS GRID #11666726 Report a problem | ||
| 12/2/2022 | Contingent | $445,000 |
Source: MRED as distributed by MLS GRID #11666726 Report a problem | ||
| 11/3/2022 | Listed for sale | $445,000+168.1% |
Source: MRED as distributed by MLS GRID #11666726 Report a problem | ||
| 8/6/2021 | Sold | $166,000+10.7% |
Source: Public Record Report a problem | ||
| 3/25/2021 | Contingent | $149,900 |
Source: MRED as distributed by MLS GRID #11023113 Report a problem | ||
| 3/16/2021 | Listed for sale | $149,900+499.6% |
Source: MRED as distributed by MLS GRID #11023113 Report a problem | ||
| 7/7/2015 | Sold | $25,000+163.2% |
Source: Public Record Report a problem | ||
| 6/25/2014 | Sold | $9,500 |
Source: Agent Provided Report a problem | ||
| 3/17/2011 | Listing removed | $1,000 |
Source: By Owner Report a problem | ||
| 1/20/2011 | Price change | $1,000+11.1% |
Source: By Owner Report a problem | ||
| 1/18/2011 | Listed for rent | $900 |
Source: By Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,260 +266.2% | $36,001 +284.5% |
| 2023 | $1,983 +2.6% | $9,364 |
| 2022 | $1,933 +2.3% | $9,364 |
| 2021 | $1,889 -35.2% | $9,364 -28.2% |
| 2020 | $2,917 -3.5% | $13,050 -13% |
| 2019 | $3,024 +1.7% | $15,000 |
| 2018 | $2,973 -23.6% | $15,000 -16.8% |
| 2017 | $3,892 -2.8% | $18,019 -9.9% |
| 2016 | $4,006 +9.3% | $20,001 |
| 2015 | $3,665 +7.1% | $20,001 +8.4% |
| 2014 | $3,423 +2% | $18,450 |
| 2013 | $3,356 +1.4% | $18,450 |
| 2012 | $3,311 -30.1% | $18,450 -36.9% |
| 2011 | $4,736 -0.4% | $29,229 |
| 2010 | $4,756 +4.4% | $29,229 |
| 2009 | $4,558 +5.4% | $29,229 -3% |
| 2008 | $4,324 +1% | $30,144 |
| 2007 | $4,281 -1.1% | $30,144 |
| 2006 | $4,327 +94.8% | $30,144 +121.7% |
| 2005 | $2,221 +1% | $13,595 |
| 2004 | $2,199 +2.2% | $13,595 |
| 2003 | $2,151 +29.9% | $13,595 +47.5% |
| 2002 | $1,656 +3.8% | $9,218 |
| 2001 | $1,596 +21.3% | $9,218 |
| 2000 | $1,316 -0.7% | $9,218 +34.6% |
| 1999 | $1,325 | $6,850 |
Find assessor info on the county website
Neighborhood: Lawndale
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Nearby schools
GreatSchools rating
- 2/10Herzl Elementary SchoolGrades: PK-8Distance: 0.2 mi
- NAManley Career Academy High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 152
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$493,900
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Estimated market value
$493,900
- Illinois
- Cook County
- Chicago
- 60623
- Lawndale
- 1242 S Lawndale Ave
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