427 N Lawndale AVE, Chicago, IL 60624
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$ 295,000
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427 N Lawndale AVE Chicago, IL 60624

7 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12723258

Bedrooms 7

Year Built 1895

Annual Tax Amount $4,021

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Discover an outstanding investment or owner-occupant opportunity with this beautifully updated brick two-flat nestled on a quiet, tree-lined dead-end street in the heart of Humboldt Park. Perfectly positioned just steps from the Garfield Park Conservatory, this well-maintained property combines strong rental potential with an unbeatable location. Each spacious unit offers generous living space, featuring one 4-bedroom apartment and one 3-bedroom apartment, making the property highly desirable for tenants or multi-generational living. Major capital improvements have already been completed, including updated mechanical systems, roof, landscaping, and fenced outdoor areas, allowing for a low-maintenance ownership experience. With both tenants currently on month-to-month leases, the next owner has exceptional flexibility to establish market rents, occupy one unit while generating income from the other, or add this turnkey property to an investment portfolio.

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Tar/Gravel

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Rafay Qamar of  Real Broker LLC 

NEARBY SCHOOLS & PROPERTIES

Jesse Stamer

Jesse Stamer

Real Estate Advisor

+1(847) 757-9585

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427 N Lawndale AVE