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  • $350,000

    1317-1319 N Lawndale Ave, Chicago, IL 60651

    8beds
    --sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $550,800 Zestimate®
    $--/sqft
    $2,030 Estimated rent

    Home value

    $550,800

    $490,000 - $622,000

    $2,030/mo

    Zestimate® history
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    $2,030/mo

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    $2,515/mo

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    What's special

    Brick exteriorBasement apartmentNew commerce
    Say hello to an incredible income opportunity building for investors and developers! This property boasts four units, plus a basement apartment, and sits on a double-wide lot. With its brick exterior and prime location, this building presents a lucrative investment in a rapidly growing area. Situated in an area experiencing a burst of new construction and new commerce, this property is perfectly positioned to capitalize on the burgeoning market. Its proximity to these exciting developments ensures a steady stream of potential tenants and an increase in property value over time. Currently, the building consists of four individual units, each offering comfortable living spaces, 2 bedrooms, a living room, a kitchen, and 1 bath each. Each unit has its own HVAC system and tenants pay their own utilities including heating/air conditioning. However, the true potential of this property lies in the opportunity to convert to condos and duplex down one, potentially two, of these units. There is one additional basement unit, not built out, but was a 1 bedroom apartment at one time. Whether you plan to maintain the existing structure or explore new development possibilities, this property offers flexibility and room for growth. Investors and developers alike will appreciate the opportunity to customize and renovate according to their vision and investment goals. Don't miss your chance to capitalize on this exciting opportunity. Contact us today for more information! Property SOLD AS-IS. DRIVE BY ONLY, DO NOT DISTURB TENANTS. NO SHOWINGS OR TOURING THE INTERIOR. Serious investors only please. One PIN, 2 lots, both zoned RS3.

    Zillow last checked:

    Listing updated:

    Listed by:

    Evelyn Fred 773-981-2005,

    Baird & Warner

    Bought with:

    Ernesto Camarillo

    Century 21 Universal

    Source: MRED as distributed by MLS GRID,MLS#: 11820338MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 7
    • Parking features: On Site, Garage Owned, Detached, Alley Access, Other, Oversized, Owned, Garage
    • Garage spaces: 2
    Lot
    • Size: 6,000 Square Feet
    • Dimensions: 48 X 125
    Details
    • Parcel number: 16021210140000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $8,646
    • Date on market: 7/18/2023
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/8/2023Sold$350,000-12.3%
    Source: MRED as distributed by MLS GRID #11820338 Report a problem
    8/20/2023Pending sale$399,000
    Source: MRED as distributed by MLS GRID #11820338 Report a problem
    7/18/2023Listed for sale$399,000
    Source: MRED as distributed by MLS GRID #11820338 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Humboldt Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    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
    $550,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $550,800