1242 Lawndale Avenue, North Lawndale, Chicago, Illinois 60623
$377,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1920 |
| Property Taxes: | $2,917 |
| Days On Market: | 792 |
| Lot Size: | 0,00 |
Description
Fully occupied! 3 legal Units (all 2-bed/1-bath). Tons of updates completed! Individual furnaces! New tear-off roof (2022), Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. No violations. No deferred maintenance! In-place cap rate of 10%+ and a proforma cap rate at 11%+! Current gross rents are $4,062 per month. Reactivated due to the previous buyer being unable to obtain financing.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1920 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11848753 | |
| 16231040290000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 16 Apr, 2021 | Sold | $166,000 | MRED MLS |
| 24 Mar, 2021 | Under contract | $149,900 | MRED MLS |
| 14 Mar, 2021 | Listed for sale | $149,900 | MRED MLS |
| 4 Oct, 2023 | Sold | $377,000 | MRED MLS |
| 1 Sep, 2023 | Under contract | $394,500 | MRED MLS |
| — | Last price change | $432,000 | MRED MLS |
| 1 Aug, 2023 | Listed for sale | $432,000 | MRED MLS |
| 26 May, 2025 | Under contract | $485,000 | MRED MLS |
| 13 May, 2025 | Listed for sale | $485,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 4010 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $3,500 |
| 2023 | $2,917 |
| 2025 | $1,983 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Kale Realty
