View All North Lawndale Chicago IL 4-Flats Listings

$140,000
6 Beds 3 Baths 12749866 MLS CONTINGENT Status
A substantial renovation opportunity with classic Chicago architecture, multi-unit potential, and a compelling North Lawndale setting. Located just off Douglas Boulevard and near historic Douglass Park, 1310 S. Millard is a brick flat with a garden apartment offering the experienced renovator or developer the chance to reimagine the property from the ground up. The building requires a complete gut rehabilitation and is being sold strictly as-is. Its underlying framework includes traditional room proportions, separate living and dining rooms in two units, existing hardwood flooring, original interior millwork and architectural details, and existing rough plumbing locations for kitchens and baths. Portions of the original decorative ceiling work remain visible, providing a glimpse of the building's earlier craftsmanship and character. The property is zoned RT-4, which permits a range of residential uses subject to applicable City of Chicago requirements. The existing configuration includes two above-grade flats plus a garden apartment; however, the legal status of the garden unit has not been confirmed. Buyers should independently verify zoning, dwelling-unit count, permits, building records, and any intended renovation or redevelopment plans with the City of Chicago. For the right buyer, the opportunity is in the transformation. Rehabilitate the existing building into updated rental residences with greater income potential, or explore a larger residential redesign that leverages the building's brick construction, traditional layout, architectural details, and location near Douglas Boulevard and Douglass Park. The property is being marketed for its redevelopment potential and improved-value opportunity rather than its present condition. Bring your contractor, architect, and renovation plan and create the next chapter for this classic Chicago brick building. Cash buyers preferred. No utilities are currently on, and seller will not activate utilities for inspections or showings. Property is sold as-is. Buyer responsible for all due diligence regarding condition, zoning, permitted use, dwelling-unit count, and redevelopment feasibility.

1310 S Millard Avenue, Chicago

$799,000
9 Beds 3 Baths 12732165 MLS CONTINGENT Status
Excellent investment opportunity in the heart of Tri-Taylor. This updated legal three-flat is ideally located near the Illinois Medical District, UIC, the Blue Line, I-290, Little Italy, Cinespace Studios and numerous neighborhood developments. The building offers three spacious residences: a 3-bedroom garden unit, a 2-bedroom first-floor unit and a 4-bedroom second-floor unit. Each residence features central HVAC, private laundry, stainless steel appliances, a dishwasher and garbage disposal. All units are currently rented below market, offering meaningful upside. Significant recent improvements include all-new electrical wiring throughout the building, new water heaters in Units B and 1, and a new A/C system serving Unit 2. Additional updates include new flooring and a new dishwasher in Unit 2, fresh paint throughout all three residences, and extensive improvements to the rear exterior wall, including new siding, structural support, plywood, moisture barrier and insulation. The property also features a two-car garage with additional storage, fenced front and rear yards, a shared patio and a new walkway connecting the alley entrance to the rear outdoor space. With substantial recent capital improvements, under-market rents and strong demand driven by nearby universities, hospitals, transportation and employment centers, this is an attractive opportunity for an investor or owner-occupant.

2448 W Taylor Street, Chicago

$420,000
2 Beds 2 Baths 12587393 MLS CLOSED Status
Sharp, recently renovated two-flat in rapidly evolving East Garfield Park. Located one mile from the Illinois Medical District, the entire building was gut-rehabbed in Summer-2020. Building was totally rehabbed from top to bottom, and re-imagined with a modern touch. Photos exist of both vacant and occupied units, but both units are currently occupied. Building presents a great opportunity for either an owner-occupant to live in one unit and rent out the other or for an investor to enjoy the cash flow of a currently occupied and low-maintenance building in area where values continue to rise. Each floor consists of one 2bed/1bath unit featuring all-new kitchen and baths, including quartz countertops, new stainless steel appliances, stove, microwave and fridge, ceiling fan. Units also feature central heat and AC, in-unit stacked laundry unit, and individual hot water tanks. Rehab included a new roof, all-new electric (new service, new panels, new wiring), new plumbing, new parapet wall, all new brick facade with new limestones and lintels, tuckpointing everywhere. Property includes 2-car garage, also completed in 2020. Full, unfinished basement currently houses HVAC units, hot water tanks, electrical panels and tenant storage. Come take advantage of this two-flat & flourishing East Garfield Park, its proximity to the conservatory, Garfield & Douglass Parks, and everything the near West side has to offer! *2 Blocks from I-290 at California Avenue, providing quick access to downtown and I-90/94* *4 Blocks from Douglas Park, one of The Chicago Park District's Largest Parks* *5 Blocks from the Western Avenue Blue Line Station* *1 Mile from The Garfield Park Conservatory, one of the largest and most stunning botanical conservatories in the nation* *1 Mile from Pete's Fresh Market* *2 Miles from the United Center*.

2819 W Lexington Street, Chicago

$660,000
11 Beds 4 Baths 12362367 MLS CLOSED Status
Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the three spacious 3-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident with the fourth unit being a 2-bedroom, 1-bath unit with the same amenities. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.

1315 S Kolin Avenue, Chicago

$240,000
10 Beds 5 Baths 12346378 MLS CLOSED Status
***Asking price is only $249,900 - Estimated After-Repair-Value is $677,000*** Incredible opportunity to own a legal 2-flat with a bonus garden apartment in the rapidly developing East Garfield Park (Tri-Taylor) neighborhood-steps from the Western Blue Line, 15 minutes to UIC via I-290, and surrounded by new construction, including the $7B "1901 Project" near the United Center that's set to transform the area with thousands of new residences, parks, retail, and entertainment. The property features a new back porch (2021). The propery is fully vacant! Zoned RM-5 and located in the West ADU zone, it qualifies for conversion into a legal 3-unit under the City's ADU Ordinance-unlocking major value and rental income potential. Renovated 2-units in the area have recently sold for an average of $546,000, while a full 3-unit conversion pushes the estimated after-repair value to $677,000. Renovated 3-4 bedroom apartments in this neighborhood rent for $2,916-$2,974/month, creating a projected rental income of nearly $9,000/month when fully occupied. Whether you're an investor looking for cash flow or an owner-occupant hoping to "house hack" by living in one unit and letting the other two cover most-if not all-of your expenses, this is a smart buy with serious upside. Excellent candidate for an FHA 203k renovation loan-bring your vision and build equity from day one. ***The property is fully vacant***

2737 W Congress Parkway, Chicago

$390,000
8 Beds 5 Baths 12296266 MLS CLOSED Status
Legal 3-unit (8 bed, 3.1 bath) with additional framed out basement for future added value. Great for an investor or a homeowner paying down their mortgage with rental income. Love the charm of East Garfield Park with this captivating, extra-long brick 3-flat nestled on a corner lot. Boasting versatility for both investors and homeowners, this property presents an exceptional opportunity in a burgeoning neighborhood. The second floor, an ideal owner's retreat, spans the entire length of the building, offering 4 beds & 1.5 baths. The first floor is ingeniously divided into two legal units, each featuring 2 beds & 1 bath, with front & side access for added convenience. Unlock the full potential of the expansive basement, already framed and plumbed for a bathroom, providing an additional 1,900 sqft of space. With front and rear exits, envision the possibility of creating a 4th unit or a duplex down for each of the 1st floor units. Adding to the allure, a detached 2-car brick garage ensures hassle-free off-street parking. Recent exterior enhancements include full tuckpointing and restoration of the brickwork, while newer windows installed within the last decade enhance energy efficiency and aesthetic appeal. Though requiring some tender care to restore its original splendor, the architectural beauty of this property shines through. Situated on a serene block with proximity to I-290 and adjacent to an Elementary & High School, it offers seamless access to downtown Chicago, the Medical District, and Rush Hospital. Convenience is key with local amenities including stores, public transportation, restaurants, supermarkets, and parks mere moments away. Zoned RT-4, this property brims with potential to become a lucrative investment. Don't miss out on this golden opportunity to make your mark in East Garfield Park! What will stay with the sale: 2 stoves, 2 fridges, 2 hot water heaters, 1 boiler. No A/C units will be transferred to next owner.

2901 W Arthington Street, Chicago

$400,000
12 Beds 7 Baths 11976482 MLS CLOSED Status
PLEASE READ ALL NOTES. This building is being sold in a CREXi auction commencing July 22, 2024. $75,000 is the starting bid amount for the auction. Registered bidders on CREXi will be able to tour the property. Exciting Portfolio Investment Opportunity: 4-Unit Condo Quality Building in North Lawndale. This all-brick, multi-family property offers a total of 7,000 square feet of rentable space across its four units that offer central heating & A/C units, in-unit laundry, individual hot water tanks, laminate, and vinyl flooring. The top three floors consist of large 2,000 square feet units larger than most single-family homes in the area, each featuring 3 bedrooms and 2 bathrooms with 9-foot-high ceilings. The lower-level unit (G) spans 1,000 square feet and includes 3 bedrooms and 1 bathroom. Assigned parking spaces are available for all four units in the off street gated rear parking lot. Built in 1923, the building boasts a classic architectural style with a rubber and flat roof. Units G, 2 and 3 were recently fully renovated and units two and three are occupied by new tenants. G is ready to be leased while Unit 1 is vacant and still requires updating. Whether you're an experienced investor or looking to start your real estate portfolio, this property offers solid rental income and long-term growth potential with a value-add kicker. Don't miss out on this fantastic investment opportunity! Each unit has its own PIN so new owner can keep as separate condominium quality units or they can collapse to single PIN apartment building. No HOA in place. Property is located 1-block from CTA Pink Line station (Pulaski), 2.3 miles from Douglas Park, 1.3 miles from I-290, and 2.3 miles from I-55.

1851 S Harding Avenue, Chicago

$625,000
10 Beds 6 Baths 11927819 MLS CLOSED Status
Rarely available Jumbo Greystone 3-FLAT in Chicago's East Garfield Park neighborhood! This is a large, extremely solid 10-bdrm building with a luxury duplex-down first floor 4-bdrm unit that has a huge Master Suite with private full bath w/ separate shower and bathtub, washer/dryer, central heat and A/C, two powder rooms, custom open kitchen with granite counters, SS appliances and dry bar w/ wine fridge. There are also two upper floor 3-bdrm units that each feature custom maple kitchens, Granite counters, SS appliances, central heating and washer/dryers in unit! All units have huge open living & dining rooms, individual forced air heat, in unit washer/dryer, high ceilings, and very generous sized bedrooms. The entire building was completely remodeled with new Electric, new plumbing, new furnaces, new windows etc. It also has a 2-car attached garage in back and plentiful street parking adjacent. The duplex down basement is completely finished! This building is highly visible and marketable, and the rents will reflect it. It will easily more than pay for itself and leave a profit every month. Right off 290 and steps to the CTA Blue Line. So close to Downtown Chicago! Walking distance to Douglas park, Blue line, Cinespace Chicago Film Studios, Lagunitas Brewing Co. 5 minute drive to Medical village, UIC, I-290, West loop, South Loop, downtown and much much more. Broker-owned interest.

3359 W Flournoy Street, Chicago

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North Lawndale, Chicago IL · Curated MLS Search

4-Flats in North Lawndale, Chicago IL

An editorially curated view of every active 4-flats listing in North Lawndale, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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