1528 Spaulding Avenue, North Lawndale, Chicago, Illinois 60623


$225,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1896
Property Taxes: $2,011
Days On Market: 69
Lot Size: 0,00
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Description

Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

Property Specifics

Multi-unit
1896
No
Cook
— / —
12403997
16232270310000

Property History

DATE: EVENT: PRICE: SOURCE:
31 Oct, 2008 Sold $25,000 MRED MLS
14 Aug, 2008 Under contract $64,900 MRED MLS
Last price change $69,000 MRED MLS
19 Feb, 2008 Listed for sale $94,900 MRED MLS
6 Jul, 2025 Under contract $225,000 MRED MLS
4 Jul, 2025 Listed for sale $225,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

25 X 125
Not in DB

Tax History

Year Property Taxes
2008 $3,564
2025 $2,011

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Listing Provided By

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