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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$349,000

Est. payment - /mo

4 Beds

2 Baths

2,613 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12633035

Bedrooms 4

Year Built 1904

Annual Tax Amount $4,234

Tax Year 2024

Lot Size 2,613 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Gorgeous 3 level multi-family turnkey income producing home in hot North Lawndale neighborhood. First floor duplexes into finished basement with 2 bedrooms and 1 bathroom on first floor. Basement is finished with 2 additional rooms. Second floor has 3 bedrooms and 1 bathroom. 2026 renovations include new floors, new paint, new appliances, new kitchen cabinets, renovated bathrooms, new roof, new washer/dryer in each unit, new light and plumbing fixtures, exterior concrete and window maintenance. Fully fenced well groomed green backyard can be used for family gatherings and camp fires. Unit 2 is rented on a month to month lease to a long term family friendly section 8 tenant (current rent is about $1250/month with potential to increase). This rent may cover majority of your mortgage. Recently renovated unit 2 has passed two section 8 inspections in 2026. It has its own separate electricity and natural gas meters. Other recent updates include new furnace (2023) and water heaters (2024). Enclosed porch looks new with 2026 paint and provides additional space for storage at all 3 levels. Well placed windows provide abundant natural light in all floors, streamlined and open design provides summer breeze in both units. Walk to nearby restaurants and stores on Roosevelt avenue, close to bus stops and CTA train stations, ample street parking available on quiet block. Conveniently located just minutes from I-290 and approximately 10-15 minutes from downtown Chicago, this property offers easy access to major expressways, public transportation, parks, and city amenities. Listing agent is an Illinois Licensed Real Estate Professional and owns this property. All information provided is deemed informative but not guaranteed. Floor plan, room labels, square footage, room dimensions are estimates/suggestions. Buyer must perform their own due diligence to verify all information, including room counts, legal unit count, status, measurements, zoning. Seller and Listing Agent do not warrant the accuracy of data. This income-producing property won't last, reach out to your realtor to schedule a showing.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Stone, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Brick,Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Satyanarayan Teeparti of Keller Williams Infinity

NEARBY SCHOOLS & PROPERTIES

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

1234 S Millard AVE Chicago, IL 60623

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1234 S Millard AVE