1315 Kolin Avenue, North Lawndale, Chicago, Illinois 60623
$660,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1918 |
| Property Taxes: | $2,270 |
| Days On Market: | 161 |
| Lot Size: | 0,00 |
Description
Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the three spacious 3-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident with the fourth unit being a 2-bedroom, 1-bath unit with the same amenities. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.
Property Specifics
| Multi-unit | |
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| 1918 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12362367 | |
| 16222090060000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 25 Apr, 2024 | Sold | $60,000 | MRED MLS |
| 3 Apr, 2024 | Under contract | $60,000 | MRED MLS |
| 14 Feb, 2024 | Listed for sale | $60,000 | MRED MLS |
| 4 Aug, 2025 | Sold | $660,000 | MRED MLS |
| 19 Jun, 2025 | Under contract | $699,000 | MRED MLS |
| 30 May, 2025 | Listed for sale | $699,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
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Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $2,270 |
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Listing Provided By
Straight-A Realty, LLC
