328 N Lockwood Avenue Chicago, IL $ 499,900
328 N Lockwood Avenue
$ 499,900
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328 N Lockwood Avenue

Chicago, IL, 60644
$ 499,900
Bedrooms2 Baths2.0

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Chicago, IL

for $499,900 with 2 bedrooms and 2 full baths. This home was built in 1890.

Experience TIMELESS ELEGANCE and CONTEMPORARY LUXURY in this IMPECCABLY RENOVATED two-unit property, thoughtfully redesigned with PREMIUM MATERIALS and SOPHISTICATED FINISHES. Wrapped in durable and stylish HARDIE BOARD SIDING, this home seamlessly blends MODERN DESIGN with ENDURING QUALITY. The MAIN DUPLEX-DOWN UNIT offers two expansive levels of REFINED LIVING. The main floor showcases a STUNNING OPEN-CONCEPT LAYOUT with a DESIGNER KITCHEN that flows effortlessly into the living and dining spaces - perfect for both ENTERTAINING and EVERYDAY LIVING. Two serene bedrooms, including one with a CUSTOM WALK-IN CLOSET, and a beautifully appointed full bath complete this level. The lower level expands the home's livable space with a SPACIOUS RECREATION ROOM, three additional bedrooms, a full bath, and CONVENIENT EXTERIOR ACCESS - ideal for guests, extended family, or a private home office. The SECOND UNIT mirrors the same attention to detail, featuring a FULL MODERN KITCHEN, a bright and inviting LIVING ROOM, three generous bedrooms, and a STYLISH FULL BATH - an exceptional opportunity for ADDITIONAL INCOME or LUXURY MULTIGENERATIONAL LIVING. Every element of this property reflects a COMMITMENT TO QUALITY: NEW WATER, ELECTRIC, AND GAS SERVICE, DRAIN TILE WITH SUMP PUMP, NEW ROOF, WINDOWS, AND FRAMING, a NEWLY BUILT PORCH, and METICULOUSLY DESIGNED LANDSCAPING that enhances the home's CURB APPEAL. Whether you're an OWNER-OCCUPANT SEEKING ELEGANCE AND COMFORT or an INVESTOR PURSUING A TURNKEY OPPORTUNITY, this exceptional property offers the perfect blend of SOPHISTICATION, VERSATILITY, AND PEACE OF MIND. INSTANT MONEYMAKER - APPROX. 10.3% ROI - A RARE OFFERING OF STYLE AND SUBSTANCE.

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Multi-Family Contingent

Price

$ 499,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,818

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12512556

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Construction Materials Vinyl Siding
Year Built 1890
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 58800
County Cook
Net Operating Income 51578
Insurance Expense 3000
New Construction N
Property Type Residential Income Two to Four Units
Contingency Other Contingency
Total Rooms 4
Status Contingent
Directions Located on Lockwood Ave between Washington Blvd (South) and Franklin Blvd (North) in the Austin neighborhood of Chicago's West Side.
City Chicago
High School District 299
MLS Area CHI - Austin
Elementary School Ellington Elementary School
Tax Annual Amount 1818
Electric Expense 240
Fuel Expense 0
Middle/Junior High School Ellington Elementary School
Water Sewer Expense 2400
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Exterior Amenities Balcony
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions 40 x 126
Waterfront Y/N Y
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* Excluded Features
List By
Exp Realty

Broker

JRE@JarekRealEstate.com

Email

Affordability Calculator

$3,229
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$152
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4715147 Elementary School
4715147 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$499,900 Listed Price

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328 N Lockwood Avenue, Chicago, IL, 60644 is a Multi-Family Home for sale at $499,900. 328 N Lockwood Avenue has 2 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 60644 which is in Chicago, IL