1101 N Lawndale Ave

Chicago, IL 60651
  • $649,900

    Price
  • 6

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 84025 - 875391,254418

Welcome to 1101 N Lawndale, a newer construction two-flat built in late 2023 that gives you income and a place to live all in one. The first floor is a duplex down unit with 4 bedrooms and 2 bathrooms, currently rented at $3,000 a month, so you have a tenant helping cover your mortgage from day one. The second floor is a 2 bed, 1 bath simplex, ready for you to move right in and live above your investment, or rent it out too if you'd rather hold the whole building. Both units are filled with natural light, a real perk of the corner lot position and the thoughtful newer build. You get the clean lines, efficiency, and low maintenance of construction that's barely two years old, including tankless water heaters for endless hot water and lower utility costs. The seller has an assumable FHA loan at a 5.175 interest rate. For a qualified buyer, that's a chance to step into a rate well below what's out there today. The setup outside is just as strong. This sits on an oversized Chicago lot on a rare cul-de-sac, a quiet pocket you don't find often in the city. There are three exterior parking spaces plus a two-car garage, and the garage comes with two Level 2 EV chargers already installed, ready for whatever you or your tenants drive. The area is on the move, with plenty of new construction coming in nearby, so you're buying into a neighborhood that's still growing.

Listing Highlights

Status Pending
Days on Site 24
Property Type Multi-Family
MLS ® 12726748
Year Built 2023
Total Square Footage 0
Lot/Acreage 32X125
County Cook
School District 299

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances: CO Detectors,Ceiling Fan(s),Sump Pump,Multiple Water Heaters
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Lot Description: Cul-De-Sac
  • Garage Capacity: 2 car
  • Parking Spaces: 5
  • Lot Dimensions: 32X125
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,EV Ready,Electric Vehicle Charging Station(s),Yes,Garage Owned,Detached,Driveway,Additional Parking,Garage

Financial Details

  • Tax Amount: $10,620
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16023060210000
  • Tax Year: 2024

Payment Calculator

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1101 N Lawndale Ave Chicago, IL 60651

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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