1307 S Lawndale Ave

Chicago, IL 60623
  • $397,000

    Price
  • 12

    Bed
  • 3

    Bath

About the Listing 8495 - 84671

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 (currently listed for rent). 3rd floor vacating soon, and will be rented soon after some work...or buy it and pick your own tenants. 1st floor needs the most work, as they have been here 27 years. If no offer by the time I rent 2nd and 3rd floor, I will remove from the market and list again next year, totally rented and finished. 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.

Listing Highlights for 1307 S Lawndale Ave

Status Active
Days on Site 18
Property Type Multi-Family
MLS ® 12770671
Year Built 1924
Lot/Acreage 25 X 125
County Cook
School District 299

Interior Details

  • Bedrooms: 12
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Exterior Entry,9 ft + pour,Concrete,Full,Walk-Out Access
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Alley,Alley Access,Yes,Owned

Financial Details

  • Tax Amount: $5,836
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16231120030000
  • Tax Year: 2025

Payment Calculator

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Listing Location

Questions About..

1307 S Lawndale Ave Chicago, IL 60623

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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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