1615 S Trumbull Avenue Chicago, IL $ 205,000
1615 S Trumbull Avenue
$ 205,000
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1615 S Trumbull Avenue

Chicago, IL, 60623
$ 205,000
Bedrooms6 Baths2.0 Sq 2,500

Monthly Estimate*

$ 1,262

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Multi-Family Home for sale in Chicago, IL

for $205,000 with 6 bedrooms and 2 full baths. This 2,500 square foot home was built in 1903.

Remarks: Welcome to 1615 S Trumbull Ave, a solid brick 2-flat located in the rapidly appreciating North Lawndale community, just moments from Douglas Park, local retail corridors, and multiple transit options. This property offers both immediate upside and long-term growth, making it an excellent opportunity for investors, developers, or owner-occupants looking to build equity. The building features spacious units, generous bedroom counts, a driveway, and a layout ideal for rental income or a future renovation project. Previous rents were significantly below market, creating a clear value-add opportunity to increase cash flow. For those considering a flip, newly renovated comparables are trading north of $500K, and brand-new construction 3-unit buildings are expected to break ground on the block in 2026 with projected pricing above $700K+. Residents will enjoy easy access to parks, schools, grocery, and major commercial corridors, as well as a short commute to the Loop (approx. 5.5 miles) and Chicago's lakefront (approx. 6 miles). Whether you're looking to hold as a rental, complete a full renovation, or explore a luxury redevelopment strategy, this property sits in a location poised for continued growth.

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Multi-Family Active

Price

$ 205,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,800

Style

Contemporary

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12551854

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate
Zoning MULTI
Architectural Style Contemporary
Construction Materials Brick
Year Built 1903
Township North Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions From I-290 (Eisenhower Expy) exit at Kedzie Ave. Head south on Kedzie Ave then turn right (west) on W 16th St. Continue to S Trumbull Ave and turn left (south). The property is located on the east si
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Tax Annual Amount 1800
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 4708
Waterfront Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

smcdonald@bhhschicago.com; seanmcdonaldrealestate@gmail.com

Email

Affordability Calculator

$1,412
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$150
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$205,000 Listed Price

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1615 S Trumbull Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $205,000 with 2,500 sqft. 1615 S Trumbull Avenue has 6 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 60623 which is in Chicago, IL