1251 S Kildare Avenue
Chicago, IL 60623

Status: Sold
Multi Family
12 beds
0 baths
0 sq.ft
Listing Price: $525,000
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About this home

Discover the epitome of modern living in this recently rehabbed 3-unit multifamily property located in the vibrant Lawndale neighborhood of Chicago. Renovated in 2023, each of the spacious four-bedroom, one-bath units showcases meticulous attention to detail. Perfect for both investors seeking strong rental income and owner/users looking for a turnkey residence, this property combines contemporary design with classic charm. With hardwood floors, abundant natural light, and a neutral color palette, this multifamily gem offers a versatile canvas for personalized living. Take advantage of the strategic location, providing easy access to public transportation, local amenities, and the cultural richness of Chicago. Don't miss the opportunity to own a piece of this revitalized community-schedule a showing today and envision the endless possibilities with this Lawndale property.

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 3780
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1918
Parking Total 3
Exterior Building Type Brick
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership N/A
Parking Space/s
Rehab Year 2023
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Zoning Type MULTI
Corporate Limits Chicago
Directions East or West Bound on Roosevelt Rd to South Bound Kildare Ave. Down to the property
Elementary Sch Dist 299
Heat/Fuel Radiant
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 12
Bedrooms Possible 12
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 4
Baths Total 1
Actual Rent 1446
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 4
Baths Total 1
Actual Rent 1446
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 4
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 3

Financials

ElectricExpense 400
Electric Expense Source Broker Projection
Financing Conventional
Gross Rental Income $34,704
Insurance Expense $1,400
Insurance Expense Source Broker Projection
ManagerExpense 2400
Manager Expense Source BP
MaintenanceExpense 1200
Investment Profile Residential Income
Water Expense $3,000

Tax/Assessments/Liens

PIN 16222020240000
Special Assessments N
Taxes $2,063
Tax Year 2022
$525,000 Listing Price:
MLS # 11974654
Investment Profile Residential Income
Listing Market Time 63 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 02/06/2024
Year Built 1918
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