1502 S Lawndale Avenue Chicago, IL ^$ 475,000

1502 S Lawndale Avenue

^$ 475,000

Back to search

Recently Listed

1502 S Lawndale Avenue

Chicago, IL, 60623

^$ 475,000

Bedrooms15 Baths0.0 Sq 5,739

Monthly Estimate*

^$ 2,963

1502 S Lawndale Avenue, Chicago, IL 60623 - Image 1

Multi-Family Home for sale in Chicago, IL

for $475,000 with 15 bedrooms. This 5,739 square foot home was built in 1901 on a lot size of 0.07461.

Turnkey 6-unit greystone bringing in $6,600/month in rental income! All units are rented with separate utilities. Features include 2-3 bedrooms, eat-in kitchens, and updated porches. Great investment with strong cash flow and low expenses. Schedule your showing today! Edificio de 6 unidades totalmente rentado generando $6,600 al mes! Todas las unidades tienen servicios separados. Incluye 2-3 recamaras, cocinas espaciosas y porche actualizado. Excelente inversion con buen flujo de efectivo. Agenda tu cita hoy!

Multi-Family Active

Price

^$ 475,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,468

Style

Multi-Family

Lot Size

0.07461

Year Built

1901

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12530092

Features

General

Cooling None

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1901

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories Count 3

Township West Chicago

Tax Year 2023

Current Use Multi-Family

Gross Income 6600

County Cook

Net Operating Income 76700

Operating Expense 2500

Insurance Expense 2000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions Douglas to Lawndale South to address.

City Chicago

Number Of Units Total 6

MLS Area CHI - North Lawndale

Lot Size Square Feet 3250

Tax Annual Amount 8468.3

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 500

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 5739

Lot Dimensions 25X125

Frontage Type City Street

* Excluded Features

List By

Re/Max Partners

Broker

luisortizsells@gmail.com; Tlolistings@gmail.com

Affordability Calculator

$3,669

Per Month

Monthly Principal & Interest: $2,963
Monthly Property Taxes: $706
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,348

Percent of Sale Price 30%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/9/2025	$475,000		Listed Price

Map

More homes like this one

homes for you

See all

1502 S Lawndale Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $475,000 with 5,739 sqft and a lot size of 0.07461. 1502 S Lawndale Avenue has 15 bedrooms, 0.0 baths, and was built in 1901. The property's zip code is 60623 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/10/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1502 S Lawndale Avenue

Multi-Family Home for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home