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  • $225,000

    1528 S Spaulding Ave, Chicago, IL 60623

    8beds
    --sqft
    Multi Family
    Built in 1896
    -- sqft lot
    $234,800 Zestimate®
    $--/sqft
    $1,616 Estimated rent

    Home value

    $234,800

    $211,000 - $261,000

    $1,616/mo

    Zestimate® history
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    $1,685/mo

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    $1,685/mo

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    What's special

    Quiet residential streetSeparate furnacesIn-unit laundry hook-upsFour bedroomsOne bathroom
    Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Yolanda Davis 312-371-8082,

    Realty Boutique

    Bought with:

    Eve L Benton

    Exit Infinity Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12403997MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Alley, On Site
    Lot
    • Size: 3,125 sqft
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16232270310000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1896
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/2/2025Sold$225,000
    Source: MRED as distributed by MLS GRID #12403997 Report a problem
    7/7/2025Contingent$225,000
    Source: MRED as distributed by MLS GRID #12403997 Report a problem
    7/4/2025Listed for sale$225,000+257.1%
    Source: MRED as distributed by MLS GRID #12403997 Report a problem
    2/2/2017Sold$63,000-8.7%
    Source: MRED as distributed by MLS GRID #09472323 Report a problem
    1/21/2017Pending sale$69,000
    Source: CENTURY 21 Affiliated #09472323 Report a problem
    1/15/2017Price change$69,000-8%
    Source: CENTURY 21 Affiliated #09472323 Report a problem
    1/7/2017Listed for sale$75,000
    Source: CENTURY 21 Affiliated #09472323 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lawndale

    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
    $234,800
    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
    $234,800