1528 Spaulding Avenue, North Lawndale, Chicago, Illinois 60623
$225,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1896 |
| Property Taxes: | $2,011 |
| Days On Market: | 165 |
| Lot Size: | 0,00 |
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 | |
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| 1896 | |
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| No | |
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| Cook | |
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| — / — | |
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| 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 |
| 2 Oct, 2025 | Sold | $225,000 | MRED MLS |
| 6 Jul, 2025 | Under contract | $225,000 | MRED MLS |
| 4 Jul, 2025 | Listed for sale | $225,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
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 |
|---|---|
| 2008 | $3,564 |
| 2025 | $2,011 |
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