View All North Lawndale Chicago IL Cash Only Homes Listings

9 Beds ⋅ 6 Baths ⋅ 12746844 MLS ⋅ ACTIVE Status

Great investment opportunity in Chicago's North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!

1632 S Homan Avenue, Chicago

$159,000

6 Beds ⋅ 2 Baths ⋅ 12745549 MLS ⋅ ACTIVE Status

Selling as is. 2 unit brick building. Gut rehab. Cash or hard money only. Private seller - fast closing. Bring flashlight. Regular closing no short sale or foreclosure. Property will sell with clean title, no back taxes and water at 0. Broker owned property. No survey.

837 N Lawndale Street, Chicago

$325,000

6 Beds ⋅ 3 Baths ⋅ 12685225 MLS ⋅ CONTINGENT Status

Cash or conventional loans only!!!! Here's a great opportunity for an investor or owner-occupant looking to house hack in Chicago's North Lawndale neighborhood. This well-maintained brick multi-unit property offers immediate income potential, with one unit currently rented. Live in one unit and allow the existing rental income to help add this property to your portfolio as an income-producing asset from day one. The building features spacious 2-bedroom, 1-bath units, including a remodeled garden apartment and a second-floor unit with beautiful hardwood floors. Recent updates have been made to the property, adding to its overall appeal and functionality. The exact ages of the major mechanicals and roof are not currently known, so buyers should verify during their inspection and due diligence period. The detached garage offers additional value-add potential and may need roof and siding repairs, or could be considered for future redevelopment depending on the buyer's plans. Whether you are seeking in

2248 S Kirkland Avenue, Chicago

$160,000

12583888 MLS ⋅ CLOSED Status

*****Attention investors** *****Presenting an opportunity of a lifetime! Own this rarely available 6-unit in the flourishing Lawndale neighborhood! Architectural plans ready to be transferred!! New construction and new rehabs happening all around! This solid brick Building is composed of spacious 2 bed 1 bath apartments along with a 2 full basements that could be reconverted into additional living space! Units have been gutted out and are ready to be completed. Property will need a full gut rehab! The city application was started and just awaiting a new buyer to take over and start work!!! Area values have skyrocketed to $600-$700k for newly remodeled buildings of the same stature and continue to increase every year!! Cash or renovation loans only. See the vision and seize the opportunity to create generational wealth!!

1839 S Springfield Avenue, Chicago

$128,000

6 Beds ⋅ 2 Baths ⋅ 12499621 MLS ⋅ CLOSED Status

FANTASTIC OPPORTUNITY FOR A REHABBER. INTERIOR HAS BEEN GUTTED TO THE STUDS. EACH UNIT IS SPACIOUS WITH GREAT NATURAL LIGHT. A PRIVATE REAR PARKING AREA PROVIDES CONVENIENCE AND VALUE FOR BOTH TENANTS AND FUTURE DEVELOPMENT OPPORTUNITIES. PROPERTY IS WELL-LOCATED NEAR PUBLIC TRANSPORTATION, SHOPS, AND MINUTES FROM DOWNTOWN. DON'T MISS THIS PRIME INVESTMENT OPPORTUNITY! SOLD AS-IS, CASH ONLY.

4018 W Polk Street, Chicago

$70,000

4 Beds ⋅ 2 Baths ⋅ 12389627 MLS ⋅ CLOSED Status

Investor Special - Full Gut Rehab Opportunity on the North Lawndale/Little Village Border! Vacant and ready for transformation, this classic 2-flat at 2239 S Kildare Ave is an ideal opportunity for experienced investors. Property is being sold as-is and requires a complete rehab. Located on the border of North Lawndale and Little Village, this area is experiencing steady reinvestment and revitalization, making it a strategic buy-and-hold or flip option. Each unit offers generous square footage with the potential to reconfigure layouts. Situated on a standard lot with alley access, there's room to reimagine this property as a high-yield rental or resale asset. Great location near CTA Pink Line, I-290/I-55, 26th Street Business Corridor, Douglass Park, and Piotrowski Park. Surrounded by new development and cultural landmarks. Recent sales of renovated 2-flats in the area range between $295,000-$365,000, highlighting strong upside for the right investor. Sold As-Is. Cash, hard money, or renovation loan only. No survey provided. Buyer to verify zoning and dimensions.

2239 S Kildare 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

$236,000

5 Beds ⋅ 2 Baths ⋅ 12329198 MLS ⋅ CLOSED Status

PRICED TO SELL-well below market value!! 2 flat property perfect for investor. Home needs updating and rehab. Cash offers only.

710 N Central Park Avenue, Chicago

$100,000

12259766 MLS ⋅ CLOSED Status

***Attention investors*** Rarely available 6-unit in the Lawndale! This solid brick building is comprised of (6) 2-bed, 1-bath units and has excellent income potential. The property has fire damage and is being sold strictly as-is. No survey. Cash or renovation loans only.

1839 S Springfield Avenue, Chicago

$212,000

4 Beds ⋅ 3 Baths ⋅ 12200632 MLS ⋅ CLOSED Status

Great investment property in a great location! Plans available for a single family and 2 unit. Many new developments in the area. Hot Tri-Taylor area and near Illinois Medical District, expressway and UIC. Don't miss your chance at a great opportunity. Make your appointment today before its too late. Sold As Is. Cash or renovation loan only

2441 W Lexington Street, Chicago

$315,000

9 Beds ⋅ 6 Baths ⋅ 12199217 MLS ⋅ CLOSED Status

Opportunity awaits with this expansive 3-unit building, perfect for investors or owner-occupants looking to generate income while building equity. Each unit boasts 3 spacious bedrooms, 1.5 bathrooms, a bright living room, and a separate dining room-ideal layouts for families or tenants. With hardwood floors lying just beneath the carpet and a 2-year-old boiler, the potential for return is clear. Whether you're envisioning a fix-and-flip or a fix-and-hold, this property offers the flexibility and scale to make your investment goals a reality. Live in one unit and rent out the other two! 2 car garage, Sold "As Is"-Cash or Renovation or Hard Money Loans Only "Cash Preferred". Don't miss your chance to transform this solid foundation into a profitable investment!

3623 W Flournoy Street, Chicago

$470,000

12 Beds ⋅ 3 Baths ⋅ 12158371 MLS ⋅ CLOSED Status

Attention Investors and Owner-Occupants! This beautiful Greystone 2-Flat w/ a bonus Luxury Garden Unit in North Lawndale is a rare turnkey cash-flow opportunity that won't last! With over 3,500 sq. ft. of living space, this property allows you to live for free while generating substantial rental income. 90% of the improvements have been completed, only 10% remaining! The two main Units each feature four spacious bedrooms and one bathroom, while the sizable Garden Unit boasts four bedrooms, 1 full bathroom, 7ft+ ceilings, and modern updates throughout! All Units offer luxury vinyl flooring, recessed lighting, stainless steel appliances, and updated kitchens with white shaker cabinets. Unit 1 and the Garden Unit have freshly updated bathrooms and are vacant, move-in ready with fresh paint and contemporary finishes. Unit 2 is occupied by a long-standing CHA tenant with a four-bedroom voucher, renting well below market, presenting an immediate rent increase opportunity in 2025. This property is perfect for house-hackers: live in the Garden Unit while renting out the other two. Comparable rents for four-bedroom units in the area reach up to $2,200/month, with Unit 2 capable of yielding $2,000+ with a rent adjustment. With a potential gross income of $6,400 per month, far exceeding the estimated $3,400 for mortgage, taxes, and insurance at a 7% interest rate, you'll enjoy positive cash flow while living mortgage-free! Additional highlights include forced heat, separated utilities, and new water tanks and furnaces in each unit! The fully fenced backyard offers privacy and space for tenant enjoyment or personal use. Located in the rapidly appreciating North Lawndale neighborhood, minutes from I-290, parks, shopping, dining, and public transit, this property is surrounded by growth and opportunity. Comparable properties are selling for upwards of $573,000, and the strong rental market ensures high demand. Don't miss out on this chance to live mortgage-free while building equity. Schedule your showing today!

3528 W 12Th Place, Chicago

$153,600

2 Beds ⋅ 1 Baths ⋅ 12195329 MLS ⋅ CLOSED Status

Cape Code-style house in the Austin neighborhood. close to Cicero Ave, 290 Expressway, and public transportation. 1st floor offers a living room, dining room, kitchen, full bath, and two bedrooms: an unfinished attic and a partially finished basement. CASH offers only.

4846 W Polk Street, Chicago

$100,000

4 Beds ⋅ 3 Baths ⋅ 12107787 MLS ⋅ CLOSED Status

ATTENTION SERIOUS AND SAVVY INVESTORS - Sacramento Blvd offers this wonderful 2 flat brick with full basement ideal for spacious duplex. Serious investors here is your opportunity for a full gut renovation to make it your own to rent and hold or fix and flip it. 6 room apartments with high ceilings. Large yard with private steel gate for added security. Walk to Douglas Park and located near Chicago's medical district. Nearby the 290 and convenient public transportation to allow for seamless commuting to downtown. Property is sold in AS-IS condition and will require plans & permits and will be subject to city court demo case. CASH OFFERS ONLY!

1110 S Sacramento Boulevard, Chicago

$134,900

5 Beds ⋅ 3 Baths ⋅ 12111126 MLS ⋅ CLOSED Status

ATTENTION INVESTORS & REHABBERS!!! INVESTORS SPECIAL!!! CHICAGO GREYSTONE!!! AMAZING OPPORTUNITY ON THE WESTSIDE / PROPERTY IS PRICED TO MOVE AND TAKE CURRENT CONDITION INTO ACCOUNT / PROPERTY IS IN NEED OF SERIOUS REHAB. 2 FLAT WITH POSSIBLE IN LAW / REBAB THIS GREYSTONE TO RESTORE TO ITS FULL POTENTIAL. BLOCKS FROM THE I290. ESTATE SALE SOLD AS IS WHERE IS. THE ESTATE IS REQUESTING CASH ONLY!!! SCHEDULE YOUR APPOINTMENT TODAY!!!

3035 W Flournoy Street, Chicago

$175,000

9 Beds ⋅ 3 Baths ⋅ 11985069 MLS ⋅ CLOSED Status

Professional developers / rehabbers your chance to bring this one back to its former glory. Total gut rehab required down to the studds. Property has not been demo-ed. Sold as-is. The basement has two separate egress routes to exit doors to the exterior; ceiling height that exceeds 8 feet; two large windows on the front facade of the building; and several other windows which also are large enough for egress. Zoned RT-4. Cash Buyers Only.

3345 W Douglas Boulevard, Chicago

$570,000

11976987 MLS ⋅ CLOSED Status

Remodeled, per plans with city approved permits in 2017, solid 6 unit building with full basement & POSITIVE CASH FLOW; Electrical: All new 400 amp service, new conduits and wiring, new masthead & meters, hard wired Smoke/CO detectors, outlets and switches, light fixtures throughout whole building; Plumbing: All new waste/drain lines, gas lines/meters & water supply copper piping, fixtures & vanities, water meter; HVAC: All new individual High Efficiency gas Furnaces/AC, all new individual water heaters; Kitchen/Bathrooms: all new tiles, cabinets and granite countertops; Drywall: replaced/repaired approximately 250 sheets, painted throughout; Porch: new back porch replaced per plans; Roof: installed new rubber membrane including silver paint, repaired firewalls and copings, new gutter system; Each unit consists of 2 bedrooms, 1 bathroom, individual high efficiency gas furnace/AC, water heater, tiled kitchens with stove, refrigerator and range hood, spacious living rooms, elegant dining rooms {front units only}, refinished hardwood floors, 100 amp electrical panel; Tenants pay: AC/Heat, Electric & Hot Water; Laundry room, fenced front & rear of the building, surveillance camera systems; Located by S California Ave & W Roosevelt Rd, in North Lawndale, within walking distance to Douglas Park, west of Medical District & Tr-Taylor area, near public transportation.

1141 S Francisco Avenue, Chicago

$230,000

2 Beds ⋅ 2 Baths ⋅ 11961668 MLS ⋅ CLOSED Status

Offering exceptional comfort, convenience, and elegance. This third-floor condo is sure to exceed all of your expectations. An entertainer's dream come true, this condominium features a spacious open floor plan, two bedrooms, and two bathrooms in East Garfield Park. The stylish kitchen offers 42" cabinets with granite countertops. Stainless steel appliances. Cherry hardwood floors throughout the condo. Tray ceilings, crown molding, and large windows provide lots of natural sunlight. The two bathrooms feature natural stone and marble on one of the vanities. In-unit laundry and one parking space assigned. Beautiful skyline views. Easy access to I-290, UIC medical district conveniently located. This condo is ready to move in. Pre-approved buyer's only. Conventional or cash only. Investor friendly. Take advantage of buying it completely furnished. Alexa Smart Home is equipped with lighting, heating, and electronic devices that can be controlled remotely. (See private remarks for details). Schedule a showing today.

2827 W Congress Parkway Unit #3, Chicago

$135,000

6 Beds ⋅ 3 Baths ⋅ 11959189 MLS ⋅ CLOSED Status

APPROVED SHORT SALE! 2 UNIT. NEEDS A TOTAL GUT. THIS IS AN ESTATE SHORT SALE. THE PROPERTY WILL BE SOLD "AS-IS" "WHERE-IS." TAX PRORATION 100%. NO SURVEY. BUYER IS RESPONSIBLE FOR ANY AND ALL REPAIRS. CASH ONLY

1617 S Hamlin Avenue, Chicago

$135,000

11 Beds ⋅ 3 Baths ⋅ 11918358 MLS ⋅ CLOSED Status

Multiple offers received, H&B due Wednesday, 11/1/2023 by 11pm CST Great oportunity for investors and rehabbers - this spacious building needs a complete rehab with potential to have 2 - 4-bed 1bath units and 1 3-bed 1bath unit in the basement, which is partially build out. Property has a garage in back Similar homes in the area have sold for 450K+ after repair: 1619 S Central Park Ave, Chicago, IL 60623 sold for $474K 4142 W Cullerton St, Chicago, IL 60623 sold for $450K 4230 W 21st Pl,Chicago, IL 60623 sold for $463K Or, investor can rehab and lease out at yearly revenue of $58K+ All information is estimated and property sold as-is. Cash and rehab loans only. Broker has interest.

1655 S Lawndale Avenue, Chicago

$305,000

12 Beds ⋅ 6 Baths ⋅ 11897652 MLS ⋅ CLOSED Status

Incredible investment opportunity. This Brick 3 flat is fully occupied with subsidized tenancy. Meticulously maintained due to requirements for the program. Serious inquiries only. Immediate cash flow. Shown by appointment only.

1311 S Christiana Avenue, Chicago

$199,500

13 Beds ⋅ 3 Baths ⋅ 11868446 MLS ⋅ CLOSED Status

Great investment opportunity. This lot consists of 2 buildings. The front building A is a 5 bed/2 bath brick duplex with eat-in kitchen. The basement is unfinished, so their is some upside potential. The rear building B is a multi-unit (2/1 and 3/1). Both properties sold "as is". Proof of funds required prior to viewing. The front unit has long-term tenants. Building is CHA approved. Rear building is currently vacant. Seller is motivated. Initial showings for rear building as it is vacant. Serious buyers only. We prefer cash, but will consider financing for experienced lenders that can provide a rehab loan. Note both buildings need to be rehabbed.

3140 W Polk Street, Chicago

$160,000

6 Beds ⋅ 3 Baths ⋅ 11807582 MLS ⋅ CLOSED Status

ATTENTION INVESTORS THIS 3 UNIT PROPERTY LOCATED IN THE HOMAN SQUARE COMMUNITY IS READY FOR YOUR NEXT REHAB PROJECT. CASH ONLY, SOLD IN "AS IS" CONDITION, NO REPAIR CREDIT OFFERED, NO SURVEY PROVIDED, TAXES PRORATED @ 100%. LISTING BROKER & SELLER ASSUME NO RESPONSIBILITY & MAKE NO GUARANTEES/WARRANTIES OR REPRESENTATIONS AS TO THE ACCURACY OF THE PROPERTY INFORMATION, PHOTOGRAPHS OR OTHER INFORMATION DEPICTED/DESCRIBED HEREIN. PROOF OF FUNDING MUST ACCOMPANY ALL OFFERS. BUYER TO ASSUME ANY & ALL BUILDING VIOLATIONS 22M1400646. ENTER WITH CAUTION PLEASE BRING A FLASHLIGHT.

3539 W Grenshaw Street, Chicago

$167,000

5 Beds ⋅ 3 Baths ⋅ 11718901 MLS ⋅ CLOSED Status

Multi Unit Greystone in need of rehab. 1st fl owner occupied needs updating. 2nd fl vacant, some rehab work started, walls knocked out and ready for your remodelling. Some electrical work started in kitchen. Owner is providing some electrical materials to complete wiring in kitchen. 3 bed rooms, LR/DR, bath & kitch. Original wood trim work on stairs/railing. 1st fl features LR/DR, 2 bed rooms, Kit and bath. Full walk out basement could be used as an in-law arrangement. Room approx 5 yrs old. Back porch approx 4 yrs old. Garage roof approx 4 yrs old. No HVAC system, each unit has a wall gas heater unit. Original plumbing. 2 sep hot water tanks. New construction going up one house to East. Cash or Rehab loans only. No FHA or Conventional financing. Bring your pre approved buyers and realize the equity in this Greystone.

3316 W Flournoy Street, Chicago

$270,000

8 Beds ⋅ 4 Baths ⋅ 11714579 MLS ⋅ CLOSED Status

Incredible investment opportunity. This Brick 2 flat is fully occupied with subsidized tenancy. Meticulously maintained due to requirements for the program. Property available by itself, or as part of a package with (MLS#11714583, 11714652, 11714573, 11714647 ). Call to get financials. Serious inquiries only. Immediate cash flow. Shown by appointment only.

3338 W Douglas Boulevard, Chicago

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North Lawndale, Chicago IL · Curated MLS Search

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