1621 S Lawndale Avenue Chicago, IL $ 715,948
1621 S Lawndale Avenue
$ 715,948
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1621 S Lawndale Avenue

Chicago, IL, 60623
$ 715,948
Bedrooms5 Baths0.0 Sq 5,364

Monthly Estimate*

$ 4,521

1621 S Lawndale Avenue, Chicago, IL 60623 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $715,948 with 5 bedrooms. This 5,364 square foot home was built in 1905.

Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago's North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment. Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout. The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers. Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.

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Multi-Family Active

Price

$ 715,948

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,087

Style

Multi-Family

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12754144

Features
General
Cooling None
Utilities Sewer Connected
Zoning MULTI
Construction Materials Brick
Year Built 1905
Electric None
Tenant Pays None
Stories Count 3
Tax Year 2023
Current Use Multi-Family
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions 16th Street E/W to Lawndale South to Address
City Chicago
Number Of Units Total 6
MLS Area CHI - North Lawndale
Tax Annual Amount 4087.49
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Unfinished
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Brick/Mortar
Building Area Total 5364
Lot Dimensions 24X125
Frontage Type City Street
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* Excluded Features
List By
Keller Williams Onechicago

Broker

christopheranthony@kw.com;ChristopherAnthony@kw.com

Email

Affordability Calculator

$4,861
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,521
Monthly Property Taxes
$341
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$715,948 Listed Price

Map


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1621 S Lawndale Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $715,948 with 5,364 sqft. 1621 S Lawndale Avenue has 5 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 60623 which is in Chicago, IL