2351 Whipple Street, South Lawndale, Chicago, Illinois 60623
$475,000
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1894 |
| Property Taxes: | $4,219 |
| Days On Market: | 0 |
| Lot Size: | 0,07 |
Description
Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner's unit. Additional highlights include a two-car parking pad, a new in-unit washer/dryer in every unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry in every unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!
Property Specifics
| Multi-unit | |
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| — | |
| 1894 | |
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| — | |
| No | |
| 0.07 |
| Cook | |
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| — / — | |
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| — | |
| 12630510 | |
| 16251100190000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Jun, 2010 | Sold | $11,385 | MRED MLS |
| 17 May, 2010 | Under contract | $11,385 | MRED MLS |
| 15 Apr, 2010 | Listed for sale | $11,385 | MRED MLS |
| 25 Aug, 2023 | Sold | $420,000 | MRED MLS |
| 18 Jul, 2023 | Under contract | $429,000 | MRED MLS |
| 10 Jul, 2023 | Listed for sale | $429,000 | MRED MLS |
| 28 Apr, 2026 | Listed for sale | $475,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25X126 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2010 | $1,994 |
| 2023 | $3,821 |
| 2026 | $4,219 |
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Listing Provided By
Redfin Corporation
