2248 S Kolin Avenue
Chicago, IL, 60623 $ 549,900
Bedrooms5 Baths3.0 Monthly Estimate*
$ 3,472
for $549,900 with 5 bedrooms and 3 full baths.
Welcome to one of the largest residential 2-flat properties you'll find in the highly sought-after North Lawndale neighborhood! This property has been fully rehabbed, with the renovation completed in August 2026, offering buyers the opportunity to own a beautifully updated multi-unit property with modern finishes and extensive improvements. Situated on three city lots, this unique property offers an abundance of land and flexibility rarely found in a multi-unit setting. The property sits on one lot with an additional lot on each side, providing exceptional outdoor space and plenty of room for parking, recreation, expansion, or storage. Business owners with multiple vehicles, work trucks, equipment, or additional parking needs-this could be the ideal property for you! The expansive lot configuration provides valuable space that is difficult to find in the city. Inside, the property features two beautifully remodeled 2-bedroom units, each offering one full bath, a kitchen, and a modern open-concept layout. The second-floor unit is duplexed into the attic, creating additional living flexibility and making the space ideal for an in-law suite, extended family, guests, or other living arrangements. The attic includes its own kitchen and bathroom while sharing central heat with the second-floor unit. The first- and second-floor living spaces each feature their own individual furnace and central heating, providing separate heating systems for each unit. All living areas have been thoughtfully remodeled with modern finishes and an inviting open-concept design. Located in the rapidly developing North Lawndale community, this property offers convenient access to Chicago's Medical District, downtown Chicago, major highways, dining, entertainment, and nightlife. Approximately a 15-minute drive to the Medical District and 25 minutes to downtown, making this an excellent location for both residents and commuters. Whether you're an investor looking for a versatile multi-unit property, an owner-occupant seeking additional living space, or a business owner in need of substantial parking and land, this property offers possibilities that are hard to find. Three lots. Two remodeled units. Recently completed rehab. Exceptional flexibility and space. Don't miss this opportunity-schedule your showing today! This one won't last long!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Brick
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 16272010530000 16272010550000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status Active
Directions Kostner Ave to Cermak Rd (22nd) East on Cermak Rd (22nd) to Kolin Ave South on Kolin Ave to address.
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Elementary School Corkery Elementary School
Tax Annual Amount 3569
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement None
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Yes Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30x125 25x125 25x125
Waterfront Y/N N
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* Excluded FeaturesList ByMidwest Real Estate Brokerage LlcBroker
ig.marquez@outlook.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,472
- Monthly Property Taxes
- $297
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $641,591
Percent of Sale Price 17%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4956533 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2026 | $549,900 | | Listed Price |