For Sale Multi-Family MLS# 12770671

1307 S Lawndale Avenue

Chicago, IL 60623

$397,000

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About 1307 S Lawndale Avenue

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 (currently listed for rent). 3rd floor vacating soon, and will be rented soon after some work...or buy it and pick your own tenants. 1st floor needs the most work, as they have been here 27 years. If no offer by the time I rent 2nd and 3rd floor, I will remove from the market and list again next year, totally rented and finished. 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.

Property details

Property

Type
multi
Year built
1924

Schools

District
Chicago Public School District 299

Location

Subdivision
North Lawndale
Neighborhood
North Lawndale

Location

Neighborhood
North Lawndale
School district
Chicago Public School District 299

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Listed by Andy Gerakaris, Ziggy Realty and Builders

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.