6449 N Lakewood Avenue Chicago, IL $ 935,000
6449 N Lakewood Avenue
$ 935,000
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6449 N Lakewood Avenue

Chicago, IL, 60626
$ 935,000
Bedrooms8 Baths5.2

Monthly Estimate*

$ 5,904

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Multi-Family Home for sale in Chicago, IL

for $935,000 with 8 bedrooms and 5 full baths, 2 half baths. This home was built in 1920.

Exceptional investment opportunity in prime Loyola University location generating over $105,000 in annual rental income! This classic brick two-flat features two bright and spacious 3-bedroom, 1.5-bath apartments, plus a beautifully renovated 2-bedroom, 1-bath garden unit. The upper apartments offer generous room sizes, hardwood floors, abundant natural light, updated kitchens and baths, and charming front and rear sunrooms. The garden level was recently renovated with a modern kitchen, stainless-steel appliances, stylish bath, updated flooring, and recessed lighting. Fully rented with leases extending through May and June 2027. The building has a history of exceptional tenant demand with zero vacancy due to its proximity to Loyola University. Additional highlights include a two-car garage, flood-control system, new boiler and water heater, numerous capital improvements, and potential to add a fourth bedroom to the upper apartments for additional income. Ideally located near Loyola University, the Red Line, lakefront, restaurants, shopping and neighborhood conveniences. Garden unit is non-conforming; seller makes no representation regarding its legality. Licensed Illinois real estate broker has ownership interest in the property.

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Multi-Family Active

Price

$ 935,000

Bedrooms

8

Full Bath

5

Half Bath

2

Property Type

Multi-Family

Taxes

$ 11,836

Style

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12761554

Features
General
Sewer Public Sewer
Heating Steam
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1920
Township Rogers Park
Tax Year 2025
Ownership Fee Simple
Gross Income 105600
County Cook
Net Operating Income 75579
Insurance Expense 3093
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 6250
Total Rooms 28
Status New
Directions Sheridan to Arthur west to Lakewood south to property
City Chicago
High School District 299
MLS Area CHI - Rogers Park
Tax Annual Amount 11836
Electric Expense 2522
Fuel Expense 3739
Water Sewer Expense 1349
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 8
Room Type Sitting Room Sun Room
Total Baths 5
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 2
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

andrealynn13@gmail.com; andreadavis@atproperties.com

Email

Affordability Calculator

$6,890
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,904
Monthly Property Taxes
$986
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$935,000 Listed Price

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6449 N Lakewood Avenue, Chicago, IL, 60626 is a Multi-Family Home for sale at $935,000. 6449 N Lakewood Avenue has 8 bedrooms, 5.2 baths, and was built in 1920. The property's zip code is 60626 which is in Chicago, IL