For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12403997
Sold Date 10/02/25
Bedrooms 8
Year Built 1896
Annual Tax Amount $2,011
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property 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.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Eve Benton of Exit Infinity Realty
GET MORE INFORMATION
Rich Ayers
Team Lead | Realtor | License ID: 471.001732
Team Lead | Realtor License ID: 471.001732