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$422,000

Est. payment - /mo

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12 Beds

3 Baths

New

1307 S Lawndale AVE Chicago, IL 60623

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12758472

Bedrooms 12

Year Built 1924

Annual Tax Amount $5,836

Tax Year 2025

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Rarely available, TRUE 3 story, 3 unit building with a basement in Hot North Lawndale. Perfect for live-in owner or investor. $5K monthly rental potential now, but could be more with basement possibilities. Gut rehab in 2001, since then remodeled to rent, and easy to rent. Each massive (1600SF+) unit features 4 NATURAL bedrooms per floor. The high and dry unfinished basement offers separate ingress and egress, waiting for your ideas. Separate gas forced air furnaces in all 3 units, 2nd and 3rd floor have washer/dryer and newer hot water tanks in unit. 2nd floor completely remodeled and will be rented soon. 3rd floor vacating soon, and will be rent soon after some work...or buy it and pick your own tenants. 1st floor kitchen remodeled. Recently tuck pointed, roof newly white coated and hall way freshly painted. Decorative fireplaces in all 3 units. Visual colored camera system in and around the property. Yard mostly fenced in. Storage shed on rear south end of property for supplies. Wrought iron security gate for front access. North and South lots owned by the City of Chicago. Reasonably near United Center, Medical District, Schools (bus service), shopping, parks, hospitals, churches, I290, CTA, El and Metra. Owner/Seller is a Illinois Licensed Real Estate Broker. Priced within the market.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, 9 ft + pour, Concrete, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Andy Gerakaris of Ziggy Realty and Builders

Nearby School & Business

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Park Place Realty Group LLC

Broker License ID: 888222

+1(708) 722-5106