1315 S Millard Avenue Chicago, IL $ 420,000
1315 S Millard Avenue
$ 420,000
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1315 S Millard Avenue

Chicago, IL, 60623
$ 420,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 2,934

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Multi-Family Home for sale in Chicago, IL

for $420,000 with 8 bedrooms and 4 full baths. This home was built in 1908.

Take advantage of this RARE opportunity to own this unique 4 unit all brick building with a huge, all brick, three car garage, located on a quiet one way street in the rapidly appreciating North Lawndale neighborhood! Property is perfectly suited for live/rent or strictly all investment. Ground unit had NEW bathroom in 2023, garage had new apron in 2023, and the rear porch was also brand new in 2023. The second floor has a 2 bedroom 1 bath and a 1 bedroom 1 bath unit. The first floor has a large 3 bedroom 1 bath unit and the ground level also has a large 3 bedroom 1 bath unit. All units are leased to good rent paying tenants. The majestic three car, all BRICK garage with two brand new overhead doors and a new roof (2022) and new apron (2023) can also be a source of additional income! Schedule a tour to view this amazing property ASAP.

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Multi-Family Active

Price

$ 420,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,508

Style

Contemporary

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11966261

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Zoning MULTI
Garage Spaces 3
Architectural Style Contemporary
Year Built 1908
Township West Chicago
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 58200
County Cook
Net Operating Income 52620
Insurance Expense 1900
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions Millard is a one way street going north. From Central Park and Douglas Blvd go west to Millard north to property
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Waterfront Y/N N
Street Name Millard
Tax Annual Amount 3508.32
Electric Expense 0
Fuel Expense 600
Water Sewer Expense 1000
Days on Market 33
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Walkout Finished Exterior Access
Street Suffix Avenue
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 33X125
Other Equipment Ceiling Fan(s)
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Homesmart Realty Group

Broker

lydia@casasnventa.com;lydiacoix@yahoo.com

Email

Affordability Calculator

$3,226
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,934
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$420,000 -2.33% Price Down
2/4/2024$430,000 Listed Price

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1315 S Millard Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $420,000. 1315 S Millard Avenue has 8 bedrooms, 4.0 baths, and was built in 1908. The property's zip code is 60623 which is in Chicago, IL