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$ 422,000
Est. payment /mo
New
1307 S Lawndale AVE Chicago, IL 60623
12 Beds
3 Baths
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
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Andy Gerakaris of Ziggy Realty and Builders