1655 S Lawndale Avenue
Chicago, IL 60623

Status: Sold
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $129,000
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About this home

Multiple offers received, H&B due Wednesday, 11/1/2023 by 11pm CST Great oportunity for investors and rehabbers - this spacious building needs a complete rehab with potential to have 2 - 4-bed 1bath units and 1 3-bed 1bath unit in the basement, which is partially build out. Property has a garage in back Similar homes in the area have sold for 450K+ after repair: 1619 S Central Park Ave, Chicago, IL 60623 sold for $474K 4142 W Cullerton St, Chicago, IL 60623 sold for $450K 4230 W 21st Pl, Chicago, IL 60623 sold for $463K Or, investor can rehab and lease out at yearly revenue of $58K+ All information is estimated and property sold as-is. Cash and rehab loans only. Broker has interest.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1896
Parking and Garage Spaces 2
Exterior Building Type Brick,Stone
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Corporate Limits Chicago
Directions West on South 16th street South towards 17th street
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Partially Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 3
Full Baths in Building Count 3
Total Rooms 17
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1580
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays None
Square Feet 1200
unit 2
Beds Total 4
Baths Total 1
Actual Rent 1650
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 6
Tenant Pays None
Floor Number 1
Square Feet 1300
unit 3
Beds Total 4
Baths Total 1
Actual Rent 1650
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 6
Tenant Pays None
Floor Number 2
Square Feet 1300
Property / Lot Details
Lot Dimensions 25X125
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

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16233060170000
Special Assessments N
Taxes $518
Tax Year 2022
$129,000 Listing Price:
MLS # 11918358
Investment Profile Residential Income
Listing Market Time 35 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 10/27/2023
Year Built 1896
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