1906 S Lawndale Avenue
Chicago, IL 60623

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $468,888

About this home

This massive Four-Unit Blonde Building in North Lawndale has an awesome floorplan and location. This smart-renovated-gem is just steps from CTA rail and bus lines and the blossoming Ogden corridor. Super bright units, sunrooms in the front and back, has proven to be highly desirable for the long-term tenants. Super bright design with 19 windows in each unit and majestic views of the Chicago Skyline. This desirable building has a neat yard, a brick two-car garage, coin laundry and a location that beams community pride. Boiler, Main Roof and Skylight are 8 years young. Most of the heavy lifting has been done in this exceptional building, situated in an exceptional location. This golden nugget is in need of a new owner to enjoy the fruit and to complete the vision today!

Property details

Interior Features
Additional Rooms Enclosed Porch, Foyer, Sitting Room, Sun Room
Basement Description Unfinished
Bath Amenities Soaking Tub
Basement Partial
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 24
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 930
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 3
Tenant Pays Electric,Gas
Floor Number G
Square Feet 650
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1175
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1250
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features None
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1250
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1650
Appliances And Features Washer, Dryer, Dishwasher
Full Baths Total 1
Lease Expiration Date OWN
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 3
Square Feet 1250
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Additional Media Type 1 Video
Additional Media Type 2 Other Media
Additional Media URL 1 External link
Additional Media URL 2 External link
Age 91-100 Years
3 Bedroom Unit in Building No
Approx Year Built 1924
Parking Total 2
Exterior Building Type Brick
Foundation Brick/Mortar
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2022
Roof Type Rubber
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 06/25/2024 3:54 am
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - North Lawndale
Zoning Type MULTI
Corporate Limits Chicago
Directions Ogden, North on Ridgeway, South to Lawndale Address
Equipment Intercom
Elementary Sch Dist 299
Heat/Fuel Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Property / Lot Details
Lot Dimensions 25X125
Lot Description Common Grounds
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Traditional
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 685
Electric Expense Source Actual
Fuel Expense $3,864
Fuel Expense Source Actual
Gross Rental Income $42,840
Insurance Expense $1,790
Insurance Expense Source Owner Projection
Manager Expense Source AC
Net Oper Income $52,259
Other Addl Income Coin Laundry
MaintenanceExpense 2300
Rental Income 62640
Investment Profile Residential Income
Water Expense $2,102

Tax/Assessments/Liens

PIN 16233220170000
Special Assessments N
Taxes $2,889
Tax Exemptions None
Tax Year 2022
$468,888 Listing Price:
MLS # 12092981
Investment Profile Residential Income
Listing Market Time 5 days
Basement Partial
Type Unit 4 Flat
Number of Units in Building 4
Parking Garage
List Date 06/24/2024
Year Built 1924
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