NEW! Buy and sell safely with virtual options - Learn More
About the Listing 87738 - 184373
Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago's North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment. Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout. The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers. Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.
Listing Highlights for 1621 S Lawndale Ave
Interior Details
- Appliances:
- Air Cond:
- Heating: Central Heat/Indiv Controls
- Fireplaces: 0
- Floor:
- Basement: Unfinished
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 24X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,087
- Taxes w/Assessments: N/A
- Tax/Property ID: 16233060070000
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1621 S Lawndale Ave Chicago, IL 60623
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
