1943 N LAWNDALE Avenue
Chicago, IL 60647

Status: Active
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $685,000

About this home

PLEASE READ: INVESTORS, INVESTORS - Located in the hot Logan Square neighborhood, this TURN KEY INVESTMENT: Legal 2 unit PLUS a full finished basement. The second-floor unit is a duplex UP extending to the attic, featuring 7 rooms, 3 bedrooms, and 2 bathrooms. The 1st floor unit has 2 bedrooms and 1 bathroom and although NOT counted the fully finished basement has both front and rear entrances. The property is in good condition, with all separate utilities, including 3 electric and 3 gas meters. Each unit features central heating and AC, as well as in-unit laundry facilities in unit 1 and 2. Most Improvements were completed in 2019 and include updated electrical systems throughout, a newer roof, siding, plumbing, windows, and heating and cooling systems. Hardwood floors run throughout the building, and the first and second floors each boast a gas fireplace and a separate dining room. With great rental income, this building is a perfect investment in an appreciating neighborhood, just one block from the 606 trail. All units have active leases, the earliest lease expires in Nov 2024 which is the garden unit and we do not guarantee the legality of that unit.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1903
Parking Total 2
Exterior Building Type Vinyl Siding, Brick
Exterior Property Features Patio ,Porch
Foundation Brick/Mortar, Concrete Perimeter
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2006
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Gated, Sidewalks
Area Major CHI - Logan Square
Zoning Type MULTI
Corporate Limits Chicago
Directions SOUTH OF ARMITAGE JUST WEST OF CENTRAL PARK AVE. LAWNDALE IS ONEWAY GOING NORTH.
Equipment Ceiling Fan(s)
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Finished, Exterior Access
Bath Amenities Whirlpool
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 15
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1995
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Fireplace-Gas
Full Baths Total 1
Lease Expiration Date 04/26
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
Square Feet 1100
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2450
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Fireplace-Gas, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 07/25
Rooms Total 7
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1600
unit 3
Beds Total 1
Baths Total 1
Actual Rent 975
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 11/24
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number L
Square Feet 800
Property / Lot Details
Lot Dimensions 25 X 125
Lot Size Less Than .25 Acre
Model A FRAME
Ownership Fee Simple
Style of House A-Frame
Type Unit 2 Flat,3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13353050110000
Special Assessments N
Taxes $8,875
Tax Exemptions None
Tax Year 2022
$685,000 Listing Price:
MLS # 12066462
Investment Profile Residential Income
Listing Market Time 12 days
Basement Full
Type Unit 2 Flat,3 Flat
Number of Units in Building 3
Parking Garage
List Date 06/18/2024
Year Built 1903
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