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1500 S Lawndale Avenue,  Chicago IL, 60623

(Active)
$649,700
|
|
MLS# 12015310
Last Updated: 4/29/2024 6:23 AM
Description for 1500 S Lawndale Avenue Chicago, IL 60623
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th bonus apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
Price
$649,700
Cook
12015310
Active
Description
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th bonus apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.07 Acres 1911 3
Brick,Stone
West Chicago//
10 Total
Multi-Family
Neighborhood
Room Information
Interior Features
Partially Finished
Exterior / Lot Features
Brick, Stone
3406
Driving Directions
When heading west on I-290 W take exit 26A toward Independence Boulevard, merge onto W Congress Pkwy, turn left onto S Independence Blvd, turn right onto S Hamlin Ave, turn left onto W 15th St, turn right and the property will be on the left.
Financial Considerations
16231270200000
$9,076
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60623 has a population of 2,781,445.

The median household income in Chicago, Illinois 60623 is $35,241. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60623 is 38 years.

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Courtesy: Chicago Real Estate Authority
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 4/29/2024 6:23 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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