1856 Lawndale Avenue, North Lawndale, Chicago, Illinois 60623
$475,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $3,589 |
| Days On Market: | 307 |
| Lot Size: | 0,00 |
Description
Classic Greystone with a finished garden unit located in the fast growing North Lawndale neighborhood and 6 Min walk to Pink Line (Ogden-Central Park) Perfect Investment opportunity. Features a grand total of 11 bedrooms, 3 bathrooms across three levels, and 6 parking spaces. The rental income and room for more exceeds the estimated mortgage, taxes, and insurance. You'll enjoy positive cash flow! Also qualifies for 4-bedroom vouchers, so there's great potential for the new owner to request a rental increase through CHA, providing a significant boost to your monthly cash flow. Ideal if you're looking to live in one unit and rent out the others or maximize returns with a fully rented building, the strong local rental market and promising future makes this a savvy investment for seasoned investors and first-time multi-family buyers alike. Given the current market trends and comparable rental properties in the area, rent adjustments are in your favor, enhancing your return on investment. Located near the rapidly expanding Illinois Medical District, this property benefits from increased housing demand driven by thousands of new jobs and substantial economic growth. Local industrial sites are being repurposed for community benefit. Shops, eateries, and facilities are revitalizing commercial corridors and enhancing everyday convenience for residents. Don't miss your chance to grab a prime piece of real estate in an area on the rise!! It's time to make a move to have you set for years to come!
Property Specifics
| Multi-unit | |
| — | |
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| 1903 | |
| — | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12327596 | |
| 16233130480000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 10 Aug, 2012 | Sold | $26,199 | MRED MLS |
| 17 Jul, 2012 | Under contract | $29,900 | MRED MLS |
| — | Last price change | $57,900 | MRED MLS |
| 13 Oct, 2011 | Listed for sale | $87,000 | MRED MLS |
| 24 Feb, 2020 | Sold | $236,000 | MRED MLS |
| 2 Dec, 2019 | Under contract | $249,900 | MRED MLS |
| 9 Aug, 2019 | Listed for sale | $249,900 | MRED MLS |
| 3 Jun, 2025 | Sold | $475,000 | MRED MLS |
| 8 Apr, 2025 | Under contract | $465,000 | MRED MLS |
| 2 Apr, 2025 | Listed for sale | $465,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 31X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $3,576 |
| 2020 | $3,435 |
| 2025 | $3,589 |
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Listing Provided By
eXp Realty, LLC
