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  • $475,000

    427 N Lawler Ave, Chicago, IL 60644

    8beds
    --sqft
    Multi Family
    Built in 1918
    -- sqft lot
    $553,500 Zestimate®
    $--/sqft
    $1,859 Estimated rent

    Home value

    $553,500

    $509,000 - $598,000

    $1,859/mo

    Zestimate® history
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    What's special

    **Prime Investment Opportunity in Austin - Don't Miss Out!** Discover this outstanding investment property in the heart of Austin. This solid, center-entrance brick legal 4-unit building features four spacious 2-bed, 1-bath units, each with heated sun porches. Additionally, the property includes a finished 1-bed, 1-bath garden unit, plus an space for a second garden unit or duplex, offering significant value-add potential. Each unit is equipped with its own furnace, with tenants covering their own gas and electric utilities. One unit is owner occupied, the rest are tenant occupied. The property also boasts a 4-car parking pad in the rear, adding convenience and appeal to tenants. Sold **AS-IS**, this is your chance to bring your vision and offers! Ideal for investors looking to add a reliable income-generating property to their portfolio. The roof was replaced in 2021 and 3 furnaces has been replaced recently Pictures from Unit 1 during vacancy Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Claes Brameus 972-207-9133,

    Coldwell Banker Realty

    Bought with:

    Jessica Mueller

    Chicagoland Brokers Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12161041MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 5
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Alley, On Site
    Lot
    • Size: 6,250 Square Feet
    • Dimensions: 50X125
    Details
    • Parcel number: 16092270060000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1918
    • Major remodel year: 2023

    Utilities & green energy

    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    • Security: Security System
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $360,000
    • Annual tax amount: $3,497
    • Date on market: 9/11/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/8/2025Listing removed$1,700
    Source: Zillow Rentals Report a problem
    9/25/2025Listed for rent$1,700
    Source: Zillow Rentals Report a problem
    8/2/2025Listing removed$1,700
    Source: Zillow Rentals Report a problem
    7/23/2025Listed for rent$1,700+41.7%
    Source: Zillow Rentals Report a problem
    12/5/2024Listing removed$1,200
    Source: Zillow Rentals Report a problem
    12/1/2024Listed for rent$1,200
    Source: Zillow Rentals Report a problem
    11/8/2024Sold$475,000+1.3%
    Source: MRED as distributed by MLS GRID #12161041 Report a problem
    9/17/2024Listing removed$469,000
    Source: MRED as distributed by MLS GRID #12161041 Report a problem
    9/11/2024Listed for sale$469,000+48.9%
    Source: MRED as distributed by MLS GRID #12161041 Report a problem
    2/17/2021Sold$315,000+511.7%
    Source: Public Record Report a problem
    1/12/2010Sold$51,500-86%
    Source: Public Record Report a problem
    11/17/2006Sold$369,000+23%
    Source: Public Record Report a problem
    12/6/2004Sold$300,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,233 +101.6%$36,000 +111.8%
    2023$3,587 +2.6%$17,000
    2022$3,497 +2.3%$17,000
    2021$3,419 -28.7%$17,000 -21%
    2020$4,793 -2.4%$21,514 -12%
    2019$4,912 +1.7%$24,448
    2018$4,829 -2.3%$24,448 +6.4%
    2017$4,944 +7.5%$22,968
    2016$4,600 +9.3%$22,968
    2015$4,209 +29.1%$22,968 +4.5%
    2014$3,261 -18.4%$21,977
    2013$3,997 +1.4%$21,977
    2012$3,944 +1.7%$21,977 -8.2%
    2011$3,879 -0.4%$23,935
    2010$3,895 +4.4%$23,935
    2009$3,732 -8.6%$23,935 -15.9%
    2008$4,084 +1%$28,468
    2007$4,043 -1.1%$28,468
    2006$4,087 +33.2%$28,468 +51.6%
    2005$3,068 +1%$18,773
    2004$3,037 +2.2%$18,773
    2003$2,971 +20%$18,773 +36.3%
    2002$2,475 +21.6%$13,776
    2001$2,035 +4.7%$13,776
    2000$1,944 $13,776 +13.7%
    1999-- $12,121
    Find assessor info on the county website

    Neighborhood: South Austin

    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
    $553,500
    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
    $553,500