Great opportunity for investors, rehabbers, and developers! This legal 3-unit building with a partially finished basement is located in the desirable Lawndale neighborhood of Chicago and offers tremendous value-add potential.Each of the three spacious units features a large living room, separate formal dining room, separate kitchen, three generously sized bedrooms, 1 full bathroom, and 1 half bathroom. The units also offer hardwood floors, high ceilings, and windows that are in decent condition. The partially finished basement includes two bedrooms and one full bathroom, providing additional space with future potential (buyer to verify legality and permitted use). Additional features include a 3-car brick garage. The property requires a complete renovation and is being sold as-is. Cash offers are preferred. This is an excellent opportunity to transform a large multi-unit building into a strong income-producing investment. Schedule your private showing today!
| MLS # | 12704135 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1929 |
| Days On Site | 61 |
| Listing Provided By | Real People Realty | Ryan Luu |
| Bed(s) | 11 |
|---|---|
| Bath(s) | 7 |
| Garage | 3 |
| Basement | Y |
| Acreage | 0.10 |
| Rooms Total | 33 |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 3 |
| Sewer | Public Sewer |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 6192 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60623 |
| Area | CHI North Lawndale |
| Listing VS Median (in 60623) | |
Price: $260,000 low | high Med: $219,000 On site: 61 low | high Med: 87 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60623 |
| Area | CHI North Lawndale |
| Listing VS Median (in 60623) | |
Price: $260,000 low | high Med: $219,000 On site: 61 low | high Med: 87 | |