1500 S Lawndale Avenue new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60623
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12209910
Year Built 1911
Annual Tax Amount $9,076
Tax Year 2022
Lot Size 3,049 Sqft
Lot Dimensions 3406
Property Description
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new (2 yr) roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true